secwatch.observer — SEC 8-K summary
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Issuer:     PROSPECT CAPITAL CORP (PSEC)
CIK:        0001287032
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001287032-26-000067
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Prospect Capital increases preferred stock offering size to $2.65B via dealer manager amendment
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- Aggregate liquidation preference raised from $2.25B to $2,646,457,550 under amended dealer agreement.
- Maximum shares increased from 90 million to 105,858,302 across all preferred series.
- Prior series (5.50%, 6.50%, Floating Rate) are no longer offered; new 7.50% Series A5 and M5 offered instead.
- Amendment dated February 10, 2026 with Preferred Capital Securities, LLC as dealer manager.
- Legal opinion from Venable LLP on validity of the preferred stock shares attached as Exhibit 5.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287032/000128703226000067/0001287032-26-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287032/000128703226000067/psec-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001287032-26-000067

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