Medallion Financial's SBA debenture default potentially cured after submitting two candidates

MEDALLION FINANCIAL CORP

On June 3, 2026, SBA notified Medallion Capital that two candidate submissions cure the previously disclosed event of default on SBA debentures.
The cure is subject to satisfactory completion of background checks on the two candidates.
Medallion Capital believes background checks will be completed satisfactorily, though no assurance is given.
No financial impact or further terms of the default or cure were disclosed in the filing.

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