{"schema_version":"secwatch.filing_event.v1","accession":"0000023197-26-000084","form_type":"8-K","ticker":"CMTL","cik":"0000023197","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2026-08-03T13:25:09+00:00","discovered_at":"2026-08-03T13:26:10.266976+00:00","generated_at":"2026-08-03T13:26:17.391349+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Comtech amends credit agreements, makes $10M voluntary prepayments using advance payment from Wavestream sale","bullets":["Entered Amendment No. 5 to Credit Agreement and Amendment No. 4 to Subordinated Credit Agreement on July 30, 2026.","Amendments waive excess cash flow prepayment for FY ended July 31, 2026, and allocate $10M advance payment from Wavestream sale: 65% to term loan, 35% to subordinated loan.","On July 31, 2026, made voluntary prepayments of $6.5M toward term loan and $3.5M toward priority term loan, plus $1.0M scheduled principal.","Warrant amendment expands put right to include Specified Permitted Individual Disposition (Wavestream sale), allowing warrant holders to sell up to 50% of warrants at 90% of 30-day VWAP.","Revolving loan facility remains undrawn after May 2026 repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0000023197-26-000084","json":"https://secwatch.observer/filing/0000023197-26-000084.json","markdown":"https://secwatch.observer/filing/0000023197-26-000084.md","text":"https://secwatch.observer/filing/0000023197-26-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23197/000002319726000084/0000023197-26-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23197/000002319726000084/cmtl-20260730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-03T13:26:17.391349+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}