---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-016819"
form_type: "8-K"
ticker: "OCC"
cik: "0001000230"
company_name: "OPTICAL CABLE CORP"
filed_at: "2022-07-07T23:59:59+00:00"
generated_at: "2026-06-24T18:54:03.614825+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Optical Cable extends $18M revolving credit facility to July 2025; reduces servicing fee, raises capex limit

## Summary
- Extended maturity of $18M revolver from July 2023 to July 2025 under Modification Agreement with SLR Business Credit.
- Availability Block reduced to $1.15M; Servicing Fee cut to 0.15% of avg daily balance (min $3M).
- Aggregate annual capex limit increased to $1M per fiscal year (was previously lower).
- Termination and facility fees restructured with tiered percentages over extended term.
- Concentration percentages for eligible accounts raised for certain account debtors.

## SEC filing metadata
- accession: 0001437749-22-016819
- form_type: 8-K
- ticker: OCC
- cik: 0001000230
- company_name: OPTICAL CABLE CORP
- filed_at: 2022-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000230/000143774922016819/0001437749-22-016819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000230/000143774922016819/occ20220706_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-016819
- JSON: https://secwatch.observer/filing/0001437749-22-016819.json
- Plain text: https://secwatch.observer/filing/0001437749-22-016819.txt

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