Cable One successfully consummated the merger of Clearwave Fiber LLC with Point Broadband Acquisition, LLC on May 4, 2026. As part of the transaction, Cable One contributed its equity interests in Clearwave Fiber to Point Broadband Holdings, LLC in exchange for equity interests in the parent company. The company estimates the preliminary book value of its new equity stake in Point Holdings to be approximately $120 million. This valuation remains subject to final financial statement adjustments and independent audit review.