---
schema_version: "secwatch.filing_event.v1"
accession: "0001794783-25-000008"
form_type: "8-K"
ticker: "SLQT"
cik: "0001794783"
company_name: "SelectQuote, Inc."
filed_at: "2025-02-10T23:59:59+00:00"
generated_at: "2026-05-27T00:27:47.602255+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SelectQuote raises $350M via preferred stock, reports Q2 net income $53.2M

## Summary
- $350M aggregate investment from Morgan Stanley and Bain in Senior Non-Convertible Preferred Stock and warrants.
- Preferred stock has 14.5% dividend rate (subject to adjustments); warrants exercisable at $0.01 to $5.50 per share.
- Q2 FY2025 revenue $481.1M (+19% YoY); net income $53.2M (vs $19.4M YoY); Adjusted EBITDA $87.5M.
- FY2025 guidance: revenue $1.5B-$1.575B, Adjusted EBITDA $115M-$140M, net income (loss) ($24M)-$11M.
- Company amended credit agreement with Ares to permit partial prepayment and new interest terms; two new directors to be appointed from investors.

## SEC filing metadata
- accession: 0001794783-25-000008
- form_type: 8-K
- ticker: SLQT
- cik: 0001794783
- company_name: SelectQuote, Inc.
- filed_at: 2025-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 3.02, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1794783/000179478325000008/0001794783-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1794783/000179478325000008/slqt-20250210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001794783-25-000008
- JSON: https://secwatch.observer/filing/0001794783-25-000008.json
- Plain text: https://secwatch.observer/filing/0001794783-25-000008.txt

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