MEDALLION FINANCIAL CORP, 8-K/A filed on 04 Nov 24
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v3.24.3
Document and Entity Information
Nov. 01, 2024
Cover [Abstract]  
Entity Registrant Name MEDALLION FINANCIAL CORP.
Amendment Flag true
Entity Central Index Key 0001000209
Document Type 8-K/A
Document Period End Date Nov. 01, 2024
Entity Incorporation State Country Code DE
Entity File Number 001-37747
Entity Tax Identification Number 04-3291176
Entity Address, Address Line One 437 MADISON AVENUE
Entity Address, Address Line Two 38th Floor
Entity Address, City or Town NEW YORK
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10022
City Area Code 212
Local Phone Number 328-2100
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock, par value $0.01 per share
Trading Symbol MFIN
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Amendment Description On November 1, 2024, Medallion Financial Corp. (the “Company”) entered into Amendment No. 2 to Cooperation Agreement (the “Second Amendment”) with KORR Value L.P., KORR Acquisitions Group, Inc., Kenneth Orr, David Orr and Jonathan Orr (the “KORR Parties”), which amended the Cooperation Agreement dated as of May 1, 2022 (the “Original Agreement”), as amended by that certain Amendment to Cooperation Agreement, dated as of August 10, 2022 (the “First Amendment,” and, the Original Agreement, as so amended by the First Amendment and the Second Amendment, the “Cooperation Agreement”) .