Cable One, Inc. 8-K

What Happened

• Cable One, Inc. (CABO) filed a Current Report on Form 8-K (Item 8.01) on June 24, 2026, announcing that as of 5:00 p.m. (New York City time) on June 23, 2026 the designated exchange agent had received irrevocable acceptances from lenders holding approximately 34.0% of the outstanding senior secured MBI Term Loans.
• The MBI Term Loans are outstanding under a Credit Agreement dated November 12, 2020, among Mega Broadband Investments Holdings LLC (MBI) as borrower, the lenders party thereto and Truist Bank as administrative agent. The exchange offer materials were previously filed as Exhibit 99.1 to the Company’s 8-K on June 22, 2026.
• Cable One reserves the right, in its sole discretion, not to consummate the MBI Term Loan Exchange Offer for any reason.

Key Details

• Acceptance level: ~34.0% of all outstanding MBI Term Loans (counted as of June 23, 2026, 5:00 p.m. NYC time).
• Parties: Borrower — Mega Broadband Investments Holdings LLC (MBI); administrative agent — Truist Bank.
• Disclosure: Offer materials filed June 22, 2026 (Exhibit 99.1); current report contains customary forward‑looking statements and lists related risk factors.
• Company expressly disclaims any obligation to update forward‑looking statements except as required by law.

Why It Matters

• For investors, the 34% lender participation is a concrete, early indicator of support for the proposed exchange but is not sufficient by itself to show the offer will succeed; Cable One may still choose not to complete the exchange.
• The outcome of the exchange could affect the financing and timing around Cable One’s previously disclosed plans related to MBI (including the put option/Put Price referenced in filings) and therefore may influence the company’s capital structure and funding needs.
• Because the filing emphasizes forward‑looking statements and a wide range of risks, investors should monitor future updates for changes in lender participation, whether the company decides to consummate the offer, and related disclosures in subsequent SEC filings.