---
schema_version: "secwatch.filing_event.v1"
accession: "0001287032-24-000506"
form_type: "8-K"
ticker: "PSEC"
cik: "0001287032"
company_name: "PROSPECT CAPITAL CORP"
filed_at: "2024-12-30T23:59:59+00:00"
generated_at: "2026-05-28T22:39:29.932427+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Prospect Capital creates 7.50% Series A5 and M5 Preferred Stock; updates DRIP

## Summary
- Created 90M shares each of 7.50% Series A5 and M5 Preferred Stock, reclassifying 180M common shares.
- Amended Dealer Manager Agreement for up to 90M shares of Preferred Stock with $2.25B aggregate liquidation preference.
- Adopted amended Preferred Stock Dividend Reinvestment Plan; reinvestment price $25.00 for new series, $23.75 for others.
- DRIP allows automatic reinvestment of dividends into same-series shares; company pays administration fees.

## SEC filing metadata
- accession: 0001287032-24-000506
- form_type: 8-K
- ticker: PSEC
- cik: 0001287032
- company_name: PROSPECT CAPITAL CORP
- filed_at: 2024-12-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287032/000128703224000506/0001287032-24-000506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287032/000128703224000506/psec-20241230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287032-24-000506
- JSON: https://secwatch.observer/filing/0001287032-24-000506.json
- Plain text: https://secwatch.observer/filing/0001287032-24-000506.txt

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