{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-007385","form_type":"8-K","ticker":"CLFD","cik":"0000796505","company_name":"Clearfield, Inc.","filed_at":"2025-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.191013+00:00","generated_at":"2026-05-16T19:32:29.195122+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Clearfield divests Nestor Cables business via management buyout; expects accretive impact","bullets":["Sold Clearfield Finland Oy (Nestor Cables) for $1 cash + contribution of $5.8M inter-company receivables.","Business employs ~100 in Finland & Estonia; Nestor Cables will continue as a Clearfield supplier.","Expects one-time loss in fiscal Q4 2025 (minimal cash impact); transaction accretive to margins going forward.","Divestiture sharpens focus on core Community Broadband fiber connectivity; supports BABA vertical integration."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-007385","json":"https://secwatch.observer/filing/0001171843-25-007385.json","markdown":"https://secwatch.observer/filing/0001171843-25-007385.md","text":"https://secwatch.observer/filing/0001171843-25-007385.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796505/000117184325007385/0001171843-25-007385-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796505/000117184325007385/f8k_111725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T19:32:29.195122+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"}