---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-002887"
form_type: "8-K"
ticker: "CLFD"
cik: "0000796505"
company_name: "Clearfield, Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:21:56.456687+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Clearfield extends $40M credit line maturity to July 24, 2026

## Summary
- Line of credit amount remains $40M; maturity extended from April 25, 2026 to July 24, 2026.
- Interest rate set at floating (SOFR + 1.85% margin) with a 1.80% floor; initial floating rate 5.50%.
- Amendment adds default events including material adverse change and cross-default to other agreements.
- Borrower waived jury trial for any disputes under the loan agreement.
- No defaults are continuing under the amended loan agreement per company representation.

## SEC filing metadata
- accession: 0001171843-26-002887
- form_type: 8-K
- ticker: CLFD
- cik: 0000796505
- company_name: Clearfield, Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/796505/000117184326002887/0001171843-26-002887-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/796505/000117184326002887/f8k_043026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002887
- JSON: https://secwatch.observer/filing/0001171843-26-002887.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002887.txt

## Source-grounded claims
- claim_id: 5ab7b15137da0b9b6f4201797e7e1686a071e3f7
  claim: Clearfield, Inc. amended Amendment No. 3 to Loan Agreement with Old National Bank, successor by merger to Bremer Bank, National Association (effective 2026-04-25).
  evidence_excerpt: On April 25, 2026, Clearfield, Inc. (the “Company”) entered into an Amendment No. 3 to Loan Agreement (the “Amendment”) that amends its Loan Agreement dated April 27, 2022 (as amended, the “Agreement”) with Old National Bank, successor by merger to Bremer Bank, National Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/796505/000117184326002887/0001171843-26-002887-index.htm

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