---
schema_version: "secwatch.filing_event.v1"
accession: "0001513162-23-000166"
form_type: "8-K"
ticker: "NUVR"
cik: "0000071557"
company_name: "Nuvera Communications, Inc."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:33:01.321169+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nuvera Communications increases revolving credit commitment from $30M to $40M

## Summary
- Third Amendment to Credit Agreement raises Revolving Commitment to $40.0M from $30.0M.
- Amendment dated December 21, 2023; CoBank acts as administrative agent and lender.
- Guarantors reaffirm guarantees and security interests to cover the increased commitment.
- Bylaws amended to cap time between record date and meeting date at 60 days (maximum under MN law).
- Company may seek additional financing to fund fiber expansion and liquidity needs (Item 7.01).

## SEC filing metadata
- accession: 0001513162-23-000166
- form_type: 8-K
- ticker: NUVR
- cik: 0000071557
- company_name: Nuvera Communications, Inc.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/0001513162-23-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/nuvr-20231221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001513162-23-000166
- JSON: https://secwatch.observer/filing/0001513162-23-000166.json
- Plain text: https://secwatch.observer/filing/0001513162-23-000166.txt

## Key facts
- Debt Financings
  Nuvera Communications, Inc. amended credit facility of from $30.0 million to $40.0 million with CoBank, ACB.
  - Instrument: credit facility
  - Principal: from $30.0 million to $40.0 million
  - Counterparty: CoBank, ACB
  - Event: amendment
  source text: the Revolving Commitment under the Amended Credit Agreement was increased from $30.0 million to $40.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/0001513162-23-000166-index.htm
- Governance Changes
  Nuvera Communications, Inc.: The Board amended Section 2.5 of the Bylaws to set a 60-day maximum between record date and meeting date for regular and special shareholder meetings (effective 2023-12-21).
  - Change: bylaw amendment
  - Effective: 2023-12-21
  source text: On December 21, 2023, the Board of Directors of Nuvera amended Section 2.5 of the Company’s Bylaws to set 60 days as the maximum time between record date and meeting date for regular and special meetings of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/0001513162-23-000166-index.htm
- Material Agreements
  Nuvera Communications, Inc. amended Third Amendment with CoBank, ACB, as administrative agent, as Swing Line Lender, as sole Issuing Lender, and as a Lender, and each other Lender and Voting Participant party to the Amended Credit Agreement valued at Revolving Commitment increased from $30.0 million to $40.0 million (effective 2023-12-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: CoBank, ACB, as administrative agent, as Swing Line Lender, as sole Issuing Lender, and as a Lender, and each other Lender and Voting Participant party to the Amended Credit Agreement
  - Value: Revolving Commitment increased from $30.0 million to $40.0 million
  - Effective: 2023-12-21
  source text: On December 21, 2023, Nuvera Communications, Inc. (“Nuvera” or the “Company”), the Guarantors (as defined below), CoBank, ACB (“CoBank”), in its capacities (i) as administrative agent under the Credit Agreement dated July 15, 2022, as amended, (“Amended Credit Agreement”), (ii) as the Swing Line Lender, (iii) as the sole Issuing Lender, and (iv) as a Lender, and each other Lender and Voting Participant party to the Amended Credit Agreement entered into the Third Amendment to Amended Credit Agreement (“Third Amendment”). Under the Third Amendment, the Revolving Commitment under the Amended Credit Agreement was increased from $30.0 million to $40.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/0001513162-23-000166-index.htm

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