secwatch.observer — SEC 8-K summary
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Issuer:     MEDALLION FINANCIAL CORP (MFIN)
CIK:        0001000209
Form:       8-K
Filed at:   2026-09-22T20:22:13+00:00
Accession:  0001193125-26-397961
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medallion Bank launches Series G preferred stock offering, possible Series E redemption
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- Offering of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, $25 liquidation preference per share; reopening of May 22, 2025 original issuance.
- Underwriters granted 30-day option to purchase additional shares to cover over-allotments; joint book-runners include Piper Sandler, Lucid Capital Markets, Muriel Siebert, A.G.P., Ladenburg Thalmann.
- Net proceeds for general corporate purposes; may redeem all or part of outstanding Series E preferred stock, subject to FDIC approval.
- Medallion Bank remains wholly owned subsidiary of Medallion Financial Corp.; offering exempt under Section 3(a)(2) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000209/000119312526397961/0001193125-26-397961-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000209/000119312526397961/mfin-20260922.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-397961

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