Home/Filings/8-K/0001193125-26-021705
8-K//Current report

GRAHAM CORP 8-K

Accession 0001193125-26-021705

$GHMCIK 0000716314operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 7:40 AM ET

Size

1.3 MB

Accession

0001193125-26-021705

Research Summary

AI-generated summary of this filing

Updated

Graham Corp Announces Acquisition of FlackTek; Increases Revolver to $80M

What Happened

  • Graham Corporation (GHM) filed a Form 8-K on January 26, 2026. The company announced it is acquiring FlackTek Manufacturing, LLC and FlackTek Sales, LLC, and posted an informational slide deck on its website the same day.
  • On January 23, 2026, Graham entered a Second Amendment to its credit agreement with Wells Fargo Bank National Association (the original Credit Agreement dated October 13, 2023). The amendment increases the company’s revolving credit commitment and revises certain defined terms.

Key Details

  • Credit amendment effective January 23, 2026 with Wells Fargo under the existing Credit Agreement (originally dated October 13, 2023).
  • Revolving credit limit increased from $50.0 million to $80.0 million.
  • The amendment permits indebtedness of Graham India Private Limited from letters of credit, bank guarantees or similar obligations up to $5.0 million.
  • Press release announcing the FlackTek acquisition and an informational slide deck were issued/posted on January 26, 2026.

Why It Matters

  • The larger revolving facility increases Graham’s available liquidity and borrowing capacity, which can support operations, working capital needs, and strategic actions such as the FlackTek acquisition.
  • Allowing up to $5.0 million of contingent obligations for the India subsidiary provides additional flexibility for international guarantees and trade support.
  • Investors should note these are financing and disclosure actions; the filing does not disclose purchase price or detailed financing terms for the acquisition beyond the revised credit capacity.