Comtech Telecommunications CORP /DE/ Schedule 13D activist filings

Comtech Telecommunications amends its credit agreement and exchanges Series B-3 for Series B-4 preferred stock to facilitate strategic transactions.

Comtech Telecommunications Corp. has entered into a series of agreements with White Hat Capital Partners to restructure debt covenants and exchange Series B-3 for Series B-4 preferred stock.

Comtech Telecommunications Corp. has amended its Subordinated Credit Agreement, securing a new $35 million incremental facility and relaxing key financial covenants until early 2027, while contemplating strategic alternatives.

Comtech Telecommunications Corp. has amended its subordinated credit agreement, securing a new $35 million incremental debt facility and suspending key financial covenants until early 2027, signaling ongoing financial adjustments.

Comtech Telecommunications Corp. has amended its subordinated credit agreement, securing a new $40 million incremental facility and obtaining waivers for breaches of its Net Leverage Ratio and Fixed Charge Coverage Ratio covenants, while also restructuring its convertible preferred stock.

Comtech Telecommunications Corp. has amended its financing agreements, securing a $40 million high-interest subordinated credit facility and waivers for key financial covenants, while also restructuring its preferred stock and seeing a change in board leadership.