SelectQuote closes $350M preferred stock and warrant investment from Morgan Stanley and Bain Capital

SelectQuote, Inc.

Morgan Stanley and Bain each invested $175M for 175,000 preferred shares and warrants in three tranches on Feb 28, 2025.
Preferred stock carries 14.5% dividend (adjustable down to 13.5% or up to 20% on default); non-convertible, senior to common.
Warrants exercisable for 10 years: Tranche A at $0.01, Tranche B at VWAP (floor $2.15/cap $4.00), Tranche C at $5.50 per share.
Board expanded to nine members; Srdjan Vukovic (Newlight) and Christopher Wolfe (Bain Capital) appointed as Class II and I directors.

item 1.01 item 3.02 item 5.03 item 3.03 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Srdjan Vukovic

Class II Director

SLQT · SelectQuote, Inc.

Effective: 2025-02-28
Filed: February 28, 2025, 6:59 PM ET

Srdjan Vukovic was appointed as a Class II Director

Appointed

Christopher Wolfe

Class I Director

SLQT · SelectQuote, Inc.

Effective: 2025-02-28
Filed: February 28, 2025, 6:59 PM ET

Christopher Wolfe was appointed as a Class I Director

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Srdjan Vukovic was appointed as Class II Director at SelectQuote, Inc..

Action: appointed
Role: Class II Director

Exact text from the filing

Srdjan Vukovic was appointed as a Class II Director

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Wolfe was appointed as Class I Director at SelectQuote, Inc..

Action: appointed
Role: Class I Director

Exact text from the filing

Christopher Wolfe was appointed as a Class I Director

View on SEC.gov

SelectQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001794783-25-000014

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