{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-051408","form_type":"8-K","ticker":"OMCC","cik":"0001000045","company_name":"OLD MARKET CAPITAL Corp","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.774645+00:00","generated_at":"2026-06-01T20:46:49.598422+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nicholas Financial closes $65.6M asset sale to Westlake Services; receives net cash of $40.6M","bullets":["Completed sale of substantially all motor vehicle retail installment contracts and unsecured consumer loan contracts to Westlake Services.","Total purchase price $65,617,598; net cash proceeds after adjustments $40,633,835.","Retained $25,894,206 in principal and interest cash payments collected prior to closing that otherwise would have been paid to Westlake.","Exit of consumer loan origination business; servicing had been handled by Westlake affiliate since Nov 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-051408","json":"https://secwatch.observer/filing/0000950170-24-051408.json","markdown":"https://secwatch.observer/filing/0000950170-24-051408.md","text":"https://secwatch.observer/filing/0000950170-24-051408.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000045/000095017024051408/0000950170-24-051408-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000045/000095017024051408/nick-20240426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T20:46:49.598422+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ffb589b808e7fbca03983194c53e161982a6516d","claim":"OLD MARKET CAPITAL Corp completed a disposition involving Westlake Services, LLC dba Westlake Financial for aggregate purchase price of $65,617,598 (closed 2024-04-26).","evidence_excerpt":"On April 26, 2024 the transactions contemplated by the Purchase Agreement closed with an aggregate purchase price of $65,617,598","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000045/000095017024051408/0000950170-24-051408-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Westlake Services, LLC dba Westlake Financial"},{"label":"Consideration","value":"aggregate purchase price of $65,617,598"},{"label":"Closing","value":"2024-04-26"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}