Jefferson Capital Announces Pricing of Initial Public Offering

Core Viewpoint - Jefferson Capital, Inc. has announced the pricing of its initial public offering (IPO) of 10,000,000 shares at $15.00 per share, with a significant portion of shares being offered by existing stockholders [1][2]. Group 1: IPO Details - The IPO consists of 625,000 shares offered by Jefferson Capital and 9,375,000 shares offered by existing stockholders [1]. - Underwriters have a 30-day option to purchase up to 1,500,000 additional shares at the IPO price [1]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [2]. Group 2: Trading Information - Jefferson Capital's common stock is set to begin trading on the Nasdaq Global Select Market under the ticker symbol "JCAP" on June 26, 2025 [2]. Group 3: Underwriters - Jefferies and Keefe, Bruyette & Woods are acting as joint-lead book-running managers for the offering, with several other firms participating as book-running managers and co-managers [3]. Group 4: Company Background - Jefferson Capital, founded in 2002, specializes in purchasing and managing charged-off and insolvency consumer accounts, operating in multiple countries including the U.S., Canada, the U.K., and Latin America [7]. - The company services both secured and unsecured assets and has a diverse client base that includes Fortune 500 companies, banks, and fintech platforms [7].