{"filing":{"accession_number":"0001104659-26-073803","cik":"0000023197","ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","form":"8-K","filing_date":"2026-06-15","report_date":null,"primary_document":"tm2617923d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/23197/000110465926073803/tm2617923d1_8k.htm"},"events":[{"id":10941,"run_id":9594,"accession_number":"0001104659-26-073803","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"Comtech entered into a Securities Purchase Agreement on June 14, 2026, to sell its satellite and space communications business to Wavestream Corporation (an affiliate of Gilat Satellite Networks) for a base purchase price of $157.5 million in cash, subject to customary adjustments. The transaction also involves execution of related amendments and agreements, and constitutes a material disposition of a significant business segment.","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7392,"accession_number":"0001104659-26-073803","item_number":"1.01","item_title":"Entry","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Comtech entered into a Securities Purchase Agreement on June 14, 2026, to sell its satellite and space communications business (the \"Acquired Entities\") to Wavestream Corporation (an affiliate of Gilat Satellite Networks) for a base purchase price of $157.5 million in cash, subject to customary adjustments. This constitutes a material disposition of a significant business segment, clearly falling under Item 1.01 (Entry into a Material Definitive Agreement) and the ma_activity event type. The transaction is material to investors as it involves the sale of an entire business line.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7393,"accession_number":"0001104659-26-073803","item_number":"1.02","item_title":"Termination of a Material Definitive","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"Item 1.02 discloses termination of a material definitive agreement, which is a core M\u0026A activity event type. The filing incorporates by reference Item 1.01 (entry into material agreements), indicating a transaction-related event. Termination of a material agreement is material to investors as it affects the registrant's strategic plans and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7397,"accession_number":"0001104659-26-073803","item_number":"7.01","item_title":"Regulation FD Disclosure","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The filing discloses execution of a Purchase Agreement, Senior Amendment No. 4, Subordinated Amendment No. 3, and Exchange Agreement related to a \"pending transaction with Gilat Satellite Networks Ltd.\" The forward-looking statements section explicitly references \"the expected completion of, the anticipated benefits of, and the Company's plans, strategies and objectives relating to, the pending transaction with Gilat Satellite Networks Ltd\" and planned use of net proceeds including debt repayment. This constitutes material M\u0026A activity under Item 1.01 or 2.01, even though disclosed under Item 7.01 (Regulation FD Disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":10942,"run_id":9594,"accession_number":"0001104659-26-073803","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Comtech issued unregistered Lender Warrants and underlying Warrant Shares under Section 4(a)(2) exemption, likely as part of a financing arrangement related to the pending transaction with Gilat Satellite Networks.","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7395,"accession_number":"0001104659-26-073803","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses unregistered issuance of \"Lender Warrants\" and underlying \"Warrant Shares\" under Section 4(a)(2) exemption. The filing explicitly states these securities have not been registered under the Securities Act, which is the hallmark of a dilutive private placement. The reference to Item 1.01 suggests this is part of a financing transaction, typical of warrant issuances to lenders as part of debt or credit arrangements.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":10943,"run_id":9594,"accession_number":"0001104659-26-073803","anchor_item_number":"2.03","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"summary":"Comtech created a direct financial obligation, the specific nature of which is incorporated by reference from Item 1.01 and may include debt incurred in connection with the transaction, contingent consideration, or other financing arrangements.","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7394,"accession_number":"0001104659-26-073803","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 typically discloses creation of direct financial obligations or off-balance sheet arrangements. The filing incorporates by reference Item 1.01 (Business Combinations), suggesting an M\u0026A transaction that creates financial obligations. However, without access to the Item 1.01 content, the specific nature of the obligation cannot be determined—it could be debt incurred in an acquisition, contingent consideration, or other financing arrangements. The cross-reference structure prevents definitive classification into a more specific event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":10944,"run_id":9594,"accession_number":"0001104659-26-073803","anchor_item_number":"3.03","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"summary":"Comtech disclosed a material modification to the rights of security holders, the specific nature of which is incorporated by reference from Item 1.01 and may involve charter amendments, recapitalizations, or similar structural changes.","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7396,"accession_number":"0001104659-26-073803","item_number":"3.03","item_title":"Material Modification to Rights","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 3.03 discloses a material modification to rights of security holders, with the substance incorporated by reference from Item 1.01. Without access to the Item 1.01 disclosure, the specific nature of the modification cannot be determined; however, Item 3.03 filings typically involve charter amendments, recapitalizations, or similar structural changes that materially affect shareholder rights. The cross-reference structure prevents precise classification into a more specific event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7392,"accession_number":"0001104659-26-073803","item_number":"1.01","item_title":"Entry","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Comtech entered into a Securities Purchase Agreement on June 14, 2026, to sell its satellite and space communications business (the \"Acquired Entities\") to Wavestream Corporation (an affiliate of Gilat Satellite Networks) for a base purchase price of $157.5 million in cash, subject to customary adjustments. This constitutes a material disposition of a significant business segment, clearly falling under Item 1.01 (Entry into a Material Definitive Agreement) and the ma_activity event type. The transaction is material to investors as it involves the sale of an entire business line.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15"},{"id":7393,"accession_number":"0001104659-26-073803","item_number":"1.02","item_title":"Termination of a Material Definitive","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"Item 1.02 discloses termination of a material definitive agreement, which is a core M\u0026A activity event type. The filing incorporates by reference Item 1.01 (entry into material agreements), indicating a transaction-related event. Termination of a material agreement is material to investors as it affects the registrant's strategic plans and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15"},{"id":7394,"accession_number":"0001104659-26-073803","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 typically discloses creation of direct financial obligations or off-balance sheet arrangements. The filing incorporates by reference Item 1.01 (Business Combinations), suggesting an M\u0026A transaction that creates financial obligations. However, without access to the Item 1.01 content, the specific nature of the obligation cannot be determined—it could be debt incurred in an acquisition, contingent consideration, or other financing arrangements. The cross-reference structure prevents definitive classification into a more specific event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15"},{"id":7395,"accession_number":"0001104659-26-073803","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses unregistered issuance of \"Lender Warrants\" and underlying \"Warrant Shares\" under Section 4(a)(2) exemption. The filing explicitly states these securities have not been registered under the Securities Act, which is the hallmark of a dilutive private placement. The reference to Item 1.01 suggests this is part of a financing transaction, typical of warrant issuances to lenders as part of debt or credit arrangements.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15"},{"id":7396,"accession_number":"0001104659-26-073803","item_number":"3.03","item_title":"Material Modification to Rights","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 3.03 discloses a material modification to rights of security holders, with the substance incorporated by reference from Item 1.01. Without access to the Item 1.01 disclosure, the specific nature of the modification cannot be determined; however, Item 3.03 filings typically involve charter amendments, recapitalizations, or similar structural changes that materially affect shareholder rights. The cross-reference structure prevents precise classification into a more specific event type.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15"},{"id":7397,"accession_number":"0001104659-26-073803","item_number":"7.01","item_title":"Regulation FD Disclosure","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The filing discloses execution of a Purchase Agreement, Senior Amendment No. 4, Subordinated Amendment No. 3, and Exchange Agreement related to a \"pending transaction with Gilat Satellite Networks Ltd.\" The forward-looking statements section explicitly references \"the expected completion of, the anticipated benefits of, and the Company's plans, strategies and objectives relating to, the pending transaction with Gilat Satellite Networks Ltd\" and planned use of net proceeds including debt repayment. This constitutes material M\u0026A activity under Item 1.01 or 2.01, even though disclosed under Item 7.01 (Regulation FD Disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T12:53:21.437735+00:00","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","ticker":"CMTL","filing_date":"2026-06-15"}]}