---
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"
generated_at: "2026-08-03T13:26:17.391349+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Comtech amends credit agreements, makes $10M voluntary prepayments using advance payment from Wavestream sale

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023197-26-000084
- JSON: https://secwatch.observer/filing/0000023197-26-000084.json
- Plain text: https://secwatch.observer/filing/0000023197-26-000084.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.