secwatch.observer — SEC 8-K summary
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Issuer:     OPTICAL CABLE CORP (OCC)
CIK:        0001000230
Form:       8-K
Filed at:   2021-11-05T23:59:59+00:00
Accession:  0001437749-21-025534
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OCC extends poison pill stockholder rights agreement to 2031
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- Amended Rights Agreement extends expiration from Nov 2, 2021 to Nov 2, 2031.
- No other material changes were made to the existing rights agreement.
- Rights become exercisable if a person or group acquires 15% or more of OCC common stock.
- Rights are redeemable at $0.0001 per right prior to a triggering acquisition event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000230/000143774921025534/0001437749-21-025534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000230/000143774921025534/occ20211105_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-025534

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer