BOSTON OMAHA Corp

Boston Omaha Corp's wholly-owned subsidiary, FIF Utah, LLC, received final funding approval from the USDA for a grant and loan totaling $22,969,412. This funding, comprising an $11,484,706 grant and an $11,484,706 loan, will be used to deploy fiber to approximately 3,000 locations. The loan is a 20-year term loan with a three-year deferral on interest and principal payments, and Boston Omaha Corporation has unconditionally guaranteed the sums due.

Boston Omaha Corporation has entered into a definitive agreement to sell its General Indemnity Group (GIG) surety insurance business to CopperPoint Insurance Company for an all-cash purchase price of $84,308,757.68. Boston Omaha expects to receive approximately 93% of the net sale proceeds, along with 2,673,831 shares of Sky Harbour Class A common stock and $326,982 in cash from a previous sale. The transaction, which has been approved by both companies' boards, is anticipated to close in the second half of 2026, subject to regulatory and other approvals. The company plans to deploy the proceeds into new investment opportunities or share repurchases.

Boston Omaha Corporation reported its first-quarter 2026 financial results, with total revenues increasing to $28.25 million from $27.73 million year-over-year. However, the company's net loss attributable to common stockholders widened to $2.15 million, or $0.07 per share, compared to a net loss of $0.67 million, or $0.02 per share, in Q1 2025. The company also repurchased 375,286 shares of its Class A common stock for $4.8 million during the quarter and saw an increase in cash inflow from operations to $3.9 million.

Boston Omaha Corporation reported a widened net loss attributable to common stockholders of $2.15 million for the first quarter of 2026, compared to a net loss of $0.67 million in Q1 2025. Total revenues increased by 1.87% to $28.25 million, but this was outpaced by a 6.69% rise in total costs and expenses to $30.44 million, leading to a larger operating loss. The company also saw a significant increase in treasury stock repurchases and distributions to noncontrolling interests.

Boston Omaha Corporation (BOC) filed an Amendment No. 1 to its 2025 Form 10-K to include previously omitted information for Part III, covering directors, executive officers, corporate governance, and related matters. The amendment was necessary as the company will not file an annual meeting proxy statement within 120 days. BOC also announced it became a non-accelerated filer in 2026, following new SEC guidance on smaller reporting company status. The filing details board composition, committee structures, director independence, and compensation for outside directors.