secwatch.observer — SEC 8-K summary
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Issuer:     Clearfield, Inc. (CLFD)
CIK:        0000796505
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001171843-22-007943
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearfield closes upsized $120M public stock offering, net proceeds $130.4M
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- Sold 1,380,000 shares (including full underwriter option exercise) at $100/share public price.
- Net proceeds to company of $130.4M before expenses; used for working capital and general corporate purposes.
- Cowen and Needham & Co. acted as joint book-running managers; 90-day lock-up for officers and directors.
- Offering closed on December 9, 2022; initial underwriter option for 180,000 shares exercised in full.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/796505/000117184322007943/0001171843-22-007943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/796505/000117184322007943/f8k_120922.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007943

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