F&P MFG.DE MEXICO S.A. DE C.V. announced that it will receive $30,000,000 (MXN 571,500,000) in an equity round of funding on October 29, 2019. The transaction will involve participation from returning investor F-Tech Inc. (TSE:7212). Of the total amount, $21,100,000 (MXN 401,955,000) will go towards the registered capital of the company and $8,900,000 (MXN 169,545,000) will go towards capital reserve. Post completion of the transaction, the registered capital of the company will increase from $28,900,000 (MXN 550,545,000) to $50,000,000 (MXN 952,500,000), the capital reserve will increase from $3,100,000 (MXN 59,055,000) to $12,000,000 (MXN 228,600,000), and the investor's stake will increase from 87.5% to 93.5%. The transaction is expected to close in early December 2019.