---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-071346"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T07:34:28.971995+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Medallion Bank launches Series G preferred offering; proceeds for capital, loan growth

## Summary
- Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred, $25 liquidation preference, to trade as MBNKO on Nasdaq.
- Net proceeds for general corporate purposes: increasing capital, growing consumer loan portfolios, or redeeming outstanding Series F preferred.
- Underwriters granted 30-day option to purchase additional shares for over-allotments.
- Joint book-runners: Piper Sandler & Co. and Lucid Capital Markets; seven additional lead managers.
- Offering exempt from SEC registration under Section 3(a)(2) of the Securities Act as a bank issuance.

## SEC filing metadata
- accession: 0000950170-25-071346
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000095017025071346/0000950170-25-071346-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000095017025071346/mfin-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-071346
- JSON: https://secwatch.observer/filing/0000950170-25-071346.json
- Plain text: https://secwatch.observer/filing/0000950170-25-071346.txt

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