secwatch.observer — SEC 8-K summary
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Issuer:     Atlanticus Holdings Corp (ATLCP)
CIK:        0001464343
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001437749-24-027772
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlanticus enters $100M ATM sales agreement for preferred stock and senior notes with B. Riley
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- Up to $100M aggregate offering of 7.625% Series B Cumulative Perpetual Preferred Stock and 9.25% Senior Notes due 2029.
- Sales agent B. Riley Securities to receive 2% commission; sales can be made on Nasdaq.
- ATM Notes will be additional issuance of existing $117.25M 9.25% Notes due 2029, same terms.
- Net proceeds for general corporate purposes; program can be suspended by either party.
- Fifth supplemental indenture executed with U.S. Bank Trust Company as trustee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1464343/000143774924027772/0001437749-24-027772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1464343/000143774924027772/atlc20240823_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-027772

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