---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-015886"
form_type: "8-K"
ticker: "BRID"
cik: "0000014177"
company_name: "BRIDGFORD FOODS CORP"
filed_at: "2022-06-06T23:59:59+00:00"
generated_at: "2026-06-25T04:16:36.634405+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bridgford Foods sells Chicago processing facility for $60M, repays Wells Fargo debt

## Summary
- Sold 156,000 sq ft industrial food processing building in Chicago for $60M (net of $2.1M earnest money).
- Proceeds used to repay $18.7M bridge loan and intended to repay $18M revolving credit line with Wells Fargo.
- Paid $1.2M in broker commissions, including ~$300K to entity controlled by director Keith Ross.
- Expects to use $10.3M NOL carryforwards to offset taxes; remaining funds for working capital at Board discretion.

## SEC filing metadata
- accession: 0001493152-22-015886
- form_type: 8-K
- ticker: BRID
- cik: 0000014177
- company_name: BRIDGFORD FOODS CORP
- filed_at: 2022-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.02, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14177/000149315222015886/0001493152-22-015886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14177/000149315222015886/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-015886
- JSON: https://secwatch.observer/filing/0001493152-22-015886.json
- Plain text: https://secwatch.observer/filing/0001493152-22-015886.txt

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