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Prospect Capital Corporation Acquires QC Holdings, Inc.
Globenewswire· 2025-07-01 11:00
Acquisition Details - Prospect Capital Corporation has completed the acquisition of QC Holdings, Inc. for an all-cash transaction valued at approximately $115 million [1] - QC Holdings is no longer listed on a stock exchange and will continue to operate under its current management team, led by Darrin Andersen [2] Stockholder Information - Stockholders of record on June 30, 2025, will receive a letter of transmittal for stock certificate submission within 3-5 business days [3] - Investors holding shares through brokerage accounts should contact their brokers regarding the timing of payment receipt [3] Company Profiles - Prospect Capital Corporation is a business development company focused on lending to and investing in private businesses, aiming for current income and long-term capital appreciation [5] - QC Holdings specializes in consumer-focused alternative financial services, providing credit options for underserved individuals through various short-term loans and financial services [6]
Regarding the investment in the share capital of UAB "Ateities ūkis"
Globenewswire· 2025-06-13 13:26
Core Viewpoint - AB "Rokiškio sūris" has invested EUR 10 million in UAB "Ateities ūkis" to enhance raw milk production in Lithuania, acquiring 29.67% of its authorized capital, which is expected to increase the production of high-quality raw milk in the country [1] Company Summary - The investment of EUR 10 million by AB "Rokiškio sūris" is aimed at promoting raw milk production [1] - UAB "Ateities ūkis" is part of the Agrokoncernas group, focusing on raw milk production [1] - Management believes the transaction will be financially secure and will not significantly impact the company's performance and financial situation [1]