---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-010671"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2022-05-25T23:59:59+00:00"
generated_at: "2026-06-25T07:02:16.230735+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial reports $3M net income, considers capital deployment beyond subprime lending

## Summary
- Net income of $3.0M for FY2022; book value per share rose 3.2% to $15.42.
- Receivables per equity $1.45; board targets $2-3, implying ~$49M excess equity capital.
- Past public securities investments yielded $1.8M gain; board open to further investments outside subprime lending.
- Share repurchases and acquisitions of related/unrelated businesses considered for excess capital, subject to lender approval.
- Interim CEO Mike Rost leading NFI turnaround; nationwide search for permanent NFI President underway.

## SEC filing metadata
- accession: 0000950170-22-010671
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2022-05-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000045/000095017022010671/0000950170-22-010671-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017022010671/nick-20220525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-010671
- JSON: https://secwatch.observer/filing/0000950170-22-010671.json
- Plain text: https://secwatch.observer/filing/0000950170-22-010671.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.