Current Report Filing (8-k)
August 07 2018 - 8:40AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) August 3, 2018
MEDALLION FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
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Delaware
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001-37747
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04-3291176
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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437 Madison Avenue
New York, New York 10022
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code (212)
328-2100
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2. below):
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17
CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 1.01.
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ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
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Medallion Financial Corp. (the Company) entered into a Loan Modification Agreement, dated August 3, 2018, by and among the Company, Medallion
Funding LLC and Sterling National Bank (the Amendment) to amend its Amended and Restated Loan and Security Agreement, dated March 28, 2011. Under the terms of the Amendment, the maturity date of the facility was extended to
November 30, 2018 to allow sufficient time to document an approved extension to June 30, 2019 and other technical changes were implemented to the Companys benefit.
The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, which is attached hereto as Exhibit 10.1 and is
incorporated herein by reference.
ITEM 9.01.
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FINANCIAL STATEMENTS AND EXHIBITS.
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Exhibit No.
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Description
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10.1
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Loan Modification Agreement, dated as of August 3, 2018, by and among Medallion Financial Corp., Medallion Funding LLC and Sterling National Bank.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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MEDALLION FINANCIAL CORP.
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By:
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/s/ Larry D. Hall
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Name: Larry D. Hall
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Title: Chief Financial Officer
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Date:
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August 7, 2018
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4
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