---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-003381"
form_type: "8-K/A"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:09:42.569821+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shentel files Horizon acquisition financials: $23.8M loss on $66.7M revenue in 2023

## Summary
- Horizon net loss $23.8M in 2023 vs $12.0M loss in 2022; revenue $66.7M (+3% YoY).
- Horizon total assets $432M; total debt $251M (including current) as of Dec 31, 2023.
- Shentel issued 4.1M shares and paid $305M cash to acquire Horizon (per initial 8-K).
- Horizon operating loss $5.2M in 2023 vs income $2.8M in 2022; capex $59.3M.

## SEC filing metadata
- accession: 0001171843-24-003381
- form_type: 8-K/A
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184324003381/0001171843-24-003381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184324003381/f8k_060924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-003381
- JSON: https://secwatch.observer/filing/0001171843-24-003381.json
- Plain text: https://secwatch.observer/filing/0001171843-24-003381.txt

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