---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-109986"
form_type: "8-K"
ticker: "OMCC"
cik: "0001000045"
company_name: "OLD MARKET CAPITAL Corp"
filed_at: "2024-09-27T23:59:59+00:00"
generated_at: "2026-05-31T01:03:38.126026+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nicholas Financial appoints Jeffrey Royal as CEO, changes name to Old Market Capital and ticker to OMCC

## Summary
- Michael Rost departed as CEO on Sept 27, 2024; no disagreements, company exiting auto finance.
- Jeffrey Royal, former Chairman, appointed CEO with $300k annual base salary paid in stock, 2-year term.
- Company renamed to Old Market Capital Corporation; ticker changes from NICK to OMCC effective Sept 30.
- Headquarters relocated from Clearwater, FL to Omaha, NE (1601 Dodge St., Suite 3350).
- Company invested in 56.47% of Amplex (Ohio broadband) and secured ~$20M RUS loan at 2% interest.

## SEC filing metadata
- accession: 0000950170-24-109986
- form_type: 8-K
- ticker: OMCC
- cik: 0001000045
- company_name: OLD MARKET CAPITAL Corp
- filed_at: 2024-09-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000045/000095017024109986/0000950170-24-109986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000045/000095017024109986/nick-20240927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-109986
- JSON: https://secwatch.observer/filing/0000950170-24-109986.json
- Plain text: https://secwatch.observer/filing/0000950170-24-109986.txt

## Key facts
- Executive change
  Jeffrey Royal was appointed as Chief Executive Officer at OLD MARKET CAPITAL Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On September 27, 2024, the Board of Directors of the Company announced the appointment of Jeffrey Royal as the Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000045/000095017024109986/0000950170-24-109986-index.htm
- Executive change
  Michael Rost departed as Chief Executive Officer at OLD MARKET CAPITAL Corp.
  - Action: departed
  - Role: Chief Executive Officer
  source text: On September 27, 2024, Michael Rost departed as Chief Executive Officer of Nicholas Financial, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000045/000095017024109986/0000950170-24-109986-index.htm

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