Prospect Capital Corporation Announces Results ofCash Tender Offer For Any and All of its Outstanding3.706% Notes due 2026

Prospect Capital Corporationns Acquisition of QC Holdings, Inc.: A Strategic Leap Forward in Financial Services

Overview of the Acquisition
On April 11, 2025, Prospect Capital Corporation (NASDAQ:PSEC) announced its intention to acquire QC Holdings, Inc. (OTCPK:QCCO) in a significant all-cash transaction valued at approximately $115 million, or $2.00 per share. This pivotal agreement positions both companies for enhanced growth and expansion opportunities within the financial services sector.

Key Facts of the Transaction
- Transaction Value: Approximately $115 million
- Share Price Offered: $2.00 per share
- Type of Transaction: All-cash deal
- Date of Announcement: April 11, 2025

Context of the Acquisition
Prospect Capital Corporation, established in 2004, is known for its strong portfolio in the investment sector, focusing on middle-market companies across various industries such as financial services, technology, and manufacturing. The firm has built a reputation for providing both private equity and debt financing, making this acquisition a strategic leap forward in expanding its influence in the financial services landscape.

Strategic Importance of the Acquisition
The acquisition of QC Holdings marks a significant opportunity for Prospect Capital to broaden its service offerings and penetrate further into the financial services market. QC Holdings has established itself as a key player, providing financial solutions that cater to underserved customers. By integrating QC Holdings? operations, Prospect Capital aims to enhance its customer reach and operational efficacy.

This merger is expected not only to create value for shareholders through economies of scale and synergies but also to foster growth opportunities in the rapidly evolving financial services sector. The impact of this transaction will resonate throughout both companies and can lead to increased competitive advantages in their markets.

Implications for Shareholders
Shareholders from both Prospect Capital and QC Holdings are likely to see implications regarding stock performance and overall market positioning. For existing shareholders of QC Holdings, the all-cash offer presents an immediate and certain value, while Prospect Capitalns shareholders can anticipate enhanced performance resulting from the mergerns anticipated growth.

Conclusion
Prospect Capital Corporation?s acquisition of QC Holdings, Inc. represents a strategic realignment in the financial services sector, positioning both companies for future growth. As the landscape continues to shift, this merger exemplifies the transformative potential of strategic acquisitions in meeting both market demands and shareholder expectations.

Prospect Capital Corporation Moves Forward: Results of Cash Tender Offer for Outstanding 3.706% Notes Due 2026 Reveal Strong Commitment to Financial Stability,

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