{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-053821","form_type":"8-K","ticker":null,"cik":"0001651094","company_name":"Elevate Credit, Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.007516+00:00","generated_at":"2026-06-18T22:16:19.045884+00:00","sec_items":["2.01","3.01","3.03","5.01","5.03","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Park Cities Asset Management completes acquisition of Elevate Credit for $1.87 per share","bullets":["All-cash deal at $1.87/share, implied value of $67 million.","Elevate shares ceased trading; delisting from NYSE and deregistration initiated.","Management rolled over 156,355 shares and 2,070,992 RSUs into Parent equity.","Board members Jesse Bray, Stephen Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra Schrock, Bradley Strock resigned.","Company will continue operating under the Elevate name and brand."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-053821","json":"https://secwatch.observer/filing/0001193125-23-053821.json","markdown":"https://secwatch.observer/filing/0001193125-23-053821.md","text":"https://secwatch.observer/filing/0001193125-23-053821.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/d302583d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:16:19.045884+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":"0fb496e914","claim":"Bradley R. Strock resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"1e937f2c06","claim":"Tyler Head resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3f92511a92","claim":"Jesse K. Bray resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"5f6b64d441","claim":"Michael Pugh resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"987f463546","claim":"Stephen B. Galasso resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"bd0b17d247","claim":"Saundra D. Schrock resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e6e98cc85c","claim":"Manuel Sanchez Rodriguez resigned as Director at Elevate Credit, Inc..","evidence_excerpt":"each of Jesse K. Bray, Stephen B. Galasso, Tyler Head, Michael Pugh, Manuel Sanchez Rodriguez, Saundra D. Schrock, and Bradley R. Strock resigned from his or her respective position as a member of the board of directors of the Company, and any committee thereof, effective as of the Effective Time (as defined in the Merger Agreement).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"59436c70133709c5f114a1d60f851cde0c9a65c0","claim":"Elevate Credit, Inc.: The Company's Second Amended and Restated Certificate of Incorporation was amended and restated in its entirety.","evidence_excerpt":"At the Effective Time, the Company’s Second Amended and Restated Certificate of Incorporation was amended and restated in its entirety in accordance with the terms of the Merger Agreement.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"}],"fact_type":"governance_change"},{"claim_id":"7ebb35f8d0d2ac0e24547b854d8bac7f4d02ce83","claim":"Elevate Credit, Inc. underwent a change of control involving PCAM Acquisition Corp. for $1.87 per share in cash (closed 2023-02-28).","evidence_excerpt":"shares of common stock, par value $0.0004 per share (“Common Stock”), was converted automatically at the Effective Time into the right to receive an amount in cash equal to $1.87, without interest and less any applicable withholding taxes (the “Merger Consideration”), other than shares of Common Stock owned by Parent, Merger Sub or the Company (as","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1651094/000119312523053821/0001193125-23-053821-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"PCAM Acquisition Corp."},{"label":"Consideration","value":"$1.87 per share in cash"},{"label":"Closing","value":"2023-02-28"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}