secwatch / observer

PROSPECT CAPITAL CORP — fact timeline

Source-grounded facts extracted from PROSPECT CAPITAL CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PSEC PROSPECT CAPITAL CORP JSON
Governance Changes

PROSPECT CAPITAL CORP: Articles Supplementary filed to reclassify 16,000,000 shares of common stock into Series A Preferred Stock (effective 2026-05-08).

“On May 8, 2026, in connection with the Offering, the Company filed Articles Supplementary (the “Articles Supplementary”) with the State Department of Assessments and Taxation of Maryland (“SDAT”), reclassifying and designating 16,000,000 authorized and unissued shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), into shares of Series A Preferred Stock.”
Material Agreements

PROSPECT CAPITAL CORP entered into Equity Distribution Agreement with A.G.P. / Alliance Global Partners valued at $400,000,000 (effective 2026-05-08).

“On May 8, 2026, Prospect Capital Corporation (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”), dated May 8, 2026, with Prospect Capital Management L.P., Prospect Administration LLC and A.G.P. / Alliance Global Partners (together with any additional sales agents that may be added under the Equity Distribution Agreement from time to time, the “Sales Agents”).”
Earnings Releases

PROSPECT CAPITAL CORP reported the fiscal quarter ended March 31, 2026 results: net income $(171,331), EPS $(0.39).

“$83,489 NII per Common Share $0.16 $0.19 $0.19 Interest as % of Total Investment Income 93.4% 84.7% 93.3% Net Income (Loss) Applicable to Common Shareholders $26,408 $(6,576) $(171,331) Net Income (Loss) per Common Share $0.05 $(0.01) $(0.39) Distributions to Common Shareholders $65,421 $63,894 $59,966 Distributions per Common Share $0.135 $0.135 $0.135”
Material Agreements

PROSPECT CAPITAL CORP amended Amended and Restated Dealer Manager Agreement with Preferred Capital Securities, LLC valued at increased from $2,250,000,000 in aggregate liquidation preference of Preferred Stock to $2,646,457,5 (effective 2026-02-10).

“On February 10, 2026, Prospect Capital Corporation (the “Company”) entered into an amendment (the “Amendment”) to the Amended and Restated Dealer Manager Agreement, dated February 25, 2021, with Preferred Capital Securities, LLC (the “Dealer Manager”) (the “Dealer Manager Agreement”), pursuant to which the Dealer Manager has agreed to serve as the Company’s agent and dealer manager for the Company’s offering of up to 90,000,000 shares, par value $0.001 per share, of preferred stock (the “Preferred Stock”), including any combination of its 5.50% Series A1 Preferred Stock, 5.50% Series M1 Preferred Stock, 5.50% Series M2 Preferred Stock, 6.50% Series A3 Preferred Stock, 6.50% Series M3 Preferred Stock, Floating Rate Series A4 Preferred Stock, Floating Rate Series M4 Preferred Stock, 7.50% Series A5 Preferred Stock and 7.50% Series M5 Preferred Stock, each with a liquidation preference of $25.00 per share.”
Debt Financings

PROSPECT CAPITAL CORP incurred senior notes of approximately $167 million with Institutional Investors at 5.5% per annum maturing December 31, 2030.

“On October 30, 2025, in connection with the previously announced institutional notes offering, Prospect Capital Corporation (the “Company”) issued approximately $167 million in aggregate principal amount of 5.5% Series A Notes due 2030 (the “Notes”) under a deed of trust, dated as of October 28, 2025, between the Company and Mishmeret Trust Company Ltd., as trustee (the “Deed of Trust”).”
Earnings Releases

PROSPECT CAPITAL CORP reported fiscal quarter ended March 31, 2024 results: revenue $94,375, net income $113,891, EPS $0.27.

“amounts (on weighted average basis for period numbers) Quarter Ended Quarter Ended Quarter Ended March 31, 2024 December 31, 2023 March 31, 2023 Net Investment Income (“NII”) $94,375 $96,927 $102,180 NII per Common Share $0.23 $0.24 $0.26 Interest as % of Total Investment Income 91.0% 92.3% 92.1% Net Income (Loss) Applicable to Common Shareholders $113,891”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.