Bridgford Foods extends up to $7.5M credit line

The extended facility permits borrowings of up to $7,500,000, with interest tied to the bank’s prime rate or the secured overnight financing rate plus 2.0%.

Rhea-AI Filing Summary

Bridgford Foods Corporation signed a 45-day extension on September 30, 2026, with Wells Fargo Bank, N.A., extending the maturity of its existing revolving line of credit to November 13, 2026, on its existing terms. The line permits borrowing of up to $7,500,000 at an interest rate equal to the bank’s prime rate or the secured overnight financing rate plus 2.0%. It also carries an unused commitment fee of 0.25% of the available loan amount.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Extension duration: 45 days Maturity date: November 13, 2026 Maximum borrowing: Up to $7,500,000 +2 more

5 metrics

Extension duration 45 days Extension signed September 30, 2026

Maturity date November 13, 2026 Revolving line of credit

Maximum borrowing Up to $7,500,000 Revolving line of credit

Interest rate Bank’s prime rate or secured overnight financing rate plus 2.0% Revolving line of credit

Unused commitment fee 0.25% of the available loan amount Revolving line of credit

Key Terms

revolving line of credit, secured overnight financing rate, unused commitment fee, prime rate

4 terms

revolving line of credit financial

"its existing revolving line of credit"

A revolving line of credit is a flexible borrowing arrangement that allows a person or business to access funds up to a set limit whenever needed, much like a prepaid card. As money is repaid, it becomes available to borrow again, making it a convenient way to manage cash flow or cover ongoing expenses. Investors pay attention to it because it reflects a company’s ability to access quick funds and manage financial flexibility.

secured overnight financing rate financial

"secured overnight financing rate plus 2.0%"

A secured overnight financing rate (SOFR) is a daily benchmark interest rate that reflects the cost of borrowing cash overnight using U.S. Treasury securities as collateral. Think of it as the market price to “rent” cash for a day with a very safe pledge, similar to paying a short-term rental fee for money backed by government bonds. Investors track SOFR because it underpins pricing for loans, bonds and derivatives, so movements change borrowing costs, interest income and the valuation of interest-rate–linked positions.

unused commitment fee financial

"unused commitment fee of 0.25% of the available loan amount"

A fee charged by a lender on the portion of a credit line or loan facility that a borrower has not drawn down. It is like paying a monthly standby charge for the unused part of a company’s credit card; it reduces net cash available and raises the effective cost of keeping a backup source of funds, while providing steady income to the lender. Investors watch it because recurring unused fees affect a company’s interest expense, liquidity management, and the attractiveness of open credit capacity.

prime rate financial

"the bank’s prime rate"

The prime rate is the interest rate banks typically charge their most creditworthy customers for short-term loans and serves as a common baseline for many other interest rates. Think of it as a price tag for borrowing: when the prime rate rises, costs for business loans, mortgages and consumer credit usually go up, which can slow spending, squeeze profits and influence stock prices and interest-sensitive sectors.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much can BRID borrow under its extended line of credit?

Bridgford Foods can borrow up to $7,500,000 under the revolving line of credit. The interest rate is equal to the bank’s prime rate or the secured overnight financing rate plus 2.0%.

When does BRID’s revolving credit line mature?

The maturity date is November 13, 2026, following the 45-day extension signed on September 30, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

September 30, 2026

BRIDGFORD FOODS CORPORATION
(Exact name of registrant as specified in its charter)

Texas		000-02396		95-1778176
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1707 S. Good-Latimer Expressway, Dallas TX		75226
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (214) 428-1535

Not applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on which Registered
Common Stock		BRID		Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On September 30, 2026, the Company signed a 45-day extension on its revolving line of credit with Wells Fargo Bank, N.A. (“Wells Fargo”) to extend the maturity date to November 13, 2026, on its existing terms. Under the terms of this line of credit, the Company can borrow up to $7,500,000 at an interest rate equal to the bank’s prime rate or secured overnight financing rate plus 2.0%. The line of credit has an unused commitment fee of 0.25% of the available loan amount.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BRIDGFORD FOODS CORPORATION
September 30, 2026	By:	/s/ Cindy Matthews-Morales
		Cindy Matthews-Morales
		Principal Financial Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB