---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-001935"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:12:22.587151+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Clearfield enters 7-year lease for ~318K sq ft Tijuana manufacturing facility

## Summary
- Lease dated April 4, 2024, effective April 1, 2024; Clearfield is joint and several obligor for tenant Prisma Shelter.
- Base monthly rent $168,786.19 (2% annual increase) plus additional $13,238.13/month for maintenance, taxes, insurance.
- Facility previously used by a third-party maquiladora; Clearfield changing to new maquiladora Prisma Shelter.
- Term 7 years (5 mandatory) with two 5-year renewal options.

## SEC filing metadata
- accession: 0001171843-24-001935
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184324001935/0001171843-24-001935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184324001935/f8k_040924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-001935
- JSON: https://secwatch.observer/filing/0001171843-24-001935.json
- Plain text: https://secwatch.observer/filing/0001171843-24-001935.txt

## Key facts
- Material Agreements
  Clearfield, Inc. entered into Lease Agreement with Prisma Shelter, S. de R.L. de C.V. and Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver, solely in its capacity as Trustee of Trust No. 3218 valued at monthly base rental payments of $168,786.19 (effective 2024-04-01).
  - Action: entry
  - Agreement: lease
  - Counterparty: Prisma Shelter, S. de R.L. de C.V. and Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver, solely in its capacity as Trustee of Trust No. 3218
  - Value: monthly base rental payments of $168,786.19
  - Effective: 2024-04-01
  source text: On April 4, 2024, Clearfield, Inc. (the “Company”) entered into a Lease Agreement (the “Lease”) with Prisma Shelter, S. de R.L. de C.V. (the “Tenant”) and Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver, solely in its capacity as Trustee of Trust No. 3218 (the “Landlord”) for an approximately 318,000 square foot manufacturing facility in Tijuana, Mexico (the “Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/796505/000117184324001935/0001171843-24-001935-index.htm

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