---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053577"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-01T20:47:30.258444+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial to acquire 51-53% of Amplex Electric for $37.5M, expanding into rural broadband

## Summary
- Base purchase price of $37.5M; fully funded from available cash, no external financing required.
- Acquisition of approximately 53% of Amplex expected to close in Q3 2024, subject to regulatory approvals.
- Amplex CEO Mark Radabaugh retains significant equity; put/call option enables Nicholas to acquire up to 80% of his remaining stake.
- Amplex has over 9,100 fixed wireless broadband customers, 9,000 fiber passings, and 3,500 fiber customers.
- Nicholas plans additional capital investment to fund fiber network build-out, increasing ownership percentage.

## SEC filing metadata
- accession: 0000950170-24-053577
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000045/000095017024053577/0000950170-24-053577-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017024053577/nick-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053577
- JSON: https://secwatch.observer/filing/0000950170-24-053577.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053577.txt

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