secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001287032-24-000377
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prospect Capital increases preferred stock offering by $250M to $2.25B
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- Amendment increases aggregate liquidation preference of Preferred Stock offering from $2.0B to $2.25B.
- Reclassified 20M common shares into preferred shares, reducing common share count from 1.352B to 1.332B.
- Offering now covers up to 90M shares of Preferred Stock with $2.25B aggregate liquidation preference.
- Legal opinion on validity of Preferred Stock shares attached as Exhibit 5.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703224000377/0001287032-24-000377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703224000377/psec-20241017.htm
  HTML page:      https://secwatch.observer/filing/0001287032-24-000377

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer