BOC 8-K
BOSTON OMAHA Corp (BOC)
8-K
2026-06-15
For: 2026-06-09
View Original
Added on
June 16, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 9, 2026
|
|
||
|
(Exact name of registrant as specified in its Charter)
|
||
|
|
|
|
|
(State or other jurisdiction of Incorporation)
|
(Commission File Number)
|
(IRS Employer Identification Number)
|
|
(Address and telephone number of principal executive offices, including zip code)
|
||
|
(
(Registrant's telephone number, including area code)
|
||
|
Not Applicable
(Former name or address, if changed since last report)
|
||
Securities registered under Section 12(b) of the Exchange Act:
|
Title of Class
|
Trading Symbol
|
Name of Exchange on Which Registered
|
|
$0.001 par value per share
|
|
The
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of Registrant under any of the following provisions (see General Instruction A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
|
Item 2.03
|
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
|
On June 9, 2026, FIF Utah, LLC ("FIF Utah"), a wholly-owned subsidiary of Boston Omaha Broadband, LLC ("BOB"), received final funding approval from the United States Department of Agriculture of a grant and loan awards under the Rural Utilities Service ReConnect Program. The loan and the grant are each for $11,484,706, respectively. The loan will be in the form of long-term debt available as requested by BOB in multiple draw downs over a period not to exceed five years from the date of the award, to deploy fiber to approximately 3,000 locations within FIF Utah's surrounding qualifying markets. The loan portion is a 20 year term loan under the applicable U.S. Treasury rate then in effect at the time of drawdown and subject to customary events of default and remedies. Interest and principal payments are deferred for a period of three years from the specific drawdown with accrued interest amortized over the remaining term of the loan. Boston Omaha Corporation (the "Company"), as the ultimate parent of FIF Utah, has unconditionally guaranteed the sums due under the loan.
The foregoing description of the terms of the Guaranty is not complete and is qualified in its entirety by reference to the text of the Guaranty, a copy of which the Company intends to file as an exhibit to its Quarterly Report on Form 10-Q for the period ended June 30, 2026.
|
Item 9.01
|
Financial Statements And Exhibits
|
|
(d)
|
Exhibits. The Exhibit Index set forth below is incorporated herein by reference.
|
EXHIBIT INDEX
|
Exhibit
Number
|
Exhibit Title
|
|
|
104
|
Cover Page Interactive Data File (embedded within the Inline XBRL document)
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
BOSTON OMAHA CORPORATION
(Registrant)
|
|||
|
By:
|
/s/ Joshua P. Weisenburger
|
||
|
Joshua P. Weisenburger,
|
|||
|
Chief Financial Officer
|
|||
Date: June 15, 2026