secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nuvera Communications, Inc. (NUVR)
CIK:        0000071557
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0001513162-23-000166
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/0001513162-23-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71557/000151316223000166/nuvr-20231221.htm
  HTML page:      https://secwatch.observer/filing/0001513162-23-000166

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