{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-000193","form_type":"8-K","ticker":"CMTL","cik":"0000023197","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2024-01-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.504516+00:00","generated_at":"2026-06-06T20:49:26.813741+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Comtech secures $45M convertible preferred investment from White Hat, Magnetar; exchanges existing Series A-1","bullets":["White Hat and Magnetar purchase $45M of new Series B Convertible Preferred; all outstanding Series A-1 exchanged for Series B.","Conversion price $7.99/share; dividend 9.00% PIK or 7.75% cash at Comtech's election; optional redemption Oct 31, 2028.","Proceeds to support working capital, growth initiatives, and repayment of indebtedness as part of credit facility refinancing.","Mark Quinlan (White Hat) remains on Board; investment signals continued long-term shareholder support."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-000193","json":"https://secwatch.observer/filing/0000950142-24-000193.json","markdown":"https://secwatch.observer/filing/0000950142-24-000193.md","text":"https://secwatch.observer/filing/0000950142-24-000193.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23197/000095014224000193/0000950142-24-000193-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23197/000095014224000193/eh240440684_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:49:26.813741+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"}