---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-063161"
form_type: "8-K"
ticker: "OPTU"
cik: "0001702780"
company_name: "Optimum Communications, Inc."
filed_at: "2026-06-01T12:16:33+00:00"
generated_at: "2026-06-01T12:20:48.019281+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Optimum raises $500M via preferred units, starts $300M tender at $2.50 to shield assets from CSC debt

## Summary
- Unsub Topco privately places $300M Series A Preferred Units at 13% cash / 15% compounding dividend to institutional investors.
- Next Alt exchanges 80M Optimum shares for $200M preferred units at $2.50; voting power drops 94% to 90.5%.
- Cash tender for up to $300M of Class A shares at $2.50; funded by $300M private placement preferred units.
- CSC Holdings $21.8B debt with $6.2B maturing 2027; potential tax liability >$4B if deconsolidation occurs in restructuring.
- Amendment to UnSub Credit Agreement for Cablevision Litchfield and CSC Optimum dated May 29, 2026.

## SEC filing metadata
- accession: 0001213900-26-063161
- form_type: 8-K
- ticker: OPTU
- cik: 0001702780
- company_name: Optimum Communications, Inc.
- filed_at: 2026-06-01T12:16:33+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702780/000121390026063161/0001213900-26-063161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702780/000121390026063161/ea0292871-8k_optimum.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-063161
- JSON: https://secwatch.observer/filing/0001213900-26-063161.json
- Plain text: https://secwatch.observer/filing/0001213900-26-063161.txt

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