BOSTON OMAHA Corp 8-K

What Happened Boston Omaha Corp filed an 8-K on June 15, 2026 disclosing that FIF Utah, LLC — a wholly owned subsidiary of Boston Omaha Broadband, LLC — received final funding approval from the U.S. Department of Agriculture under the Rural Utilities Service ReConnect Program on June 9, 2026. The award includes a loan and a grant, each for $11,484,706, to deploy fiber to approximately 3,000 locations in FIF Utah’s qualifying markets. Boston Omaha Corporation, as FIF Utah’s ultimate parent, has unconditionally guaranteed the loan.

Key Details

• Loan amount: $11,484,706; Grant amount: $11,484,706 (matching award).
• Use: Multiple drawdowns over up to five years to fund fiber deployment to ~3,000 locations.
• Loan terms: 20-year term loan, interest rate based on the applicable U.S. Treasury rate at drawdown; customary events of default and remedies.
• Payment deferral: Interest and principal deferred for three years after each drawdown; accrued interest amortized over the remaining loan term.
• Guarantee: Boston Omaha Corporation unconditionally guarantees sums due under the loan; guaranty text to be filed with the Company’s June 30, 2026 Form 10-Q.

Why It Matters This filing shows Boston Omaha is securing federal funding to expand broadband infrastructure in its Utah markets while taking on a long-term, parent-guaranteed loan. The grant reduces the project’s net cost, but the loan creates a material long-term obligation that could increase consolidated indebtedness if fully drawn. Deferred payments provide near-term cash flow relief for the build-out, with interest and principal becoming payable after the three-year deferment periods.