MEDALLION FINANCIAL CORP. (NASDAQ:MFIN) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03. AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR.
On April25, 2018, the Board of Directors of Medallion Financial Corp. (the “Company”) approved an amendment and restatement of the Company’s by-laws (the “Amended and Restated By-Laws”), effective immediately, to (i)eliminate references to the Investment Company Act of 1940 (the “1940 Act”) and requirements of the 1940 Act and (ii)make certain conforming and ministerial changes. Such changes were made as a result of the Company’s withdrawal of its election to be regulated as a business development company under the 1940 Act.
The foregoing description of the Amended and Restated By-Laws is qualified in its entirety by reference to the Amended and Restated By-Laws, which is attached hereto as Exhibit 3.1 and is incorporated herein by reference.
Item 5.03. AMENDMENTS TO THE REGISTRANT’S CODE OF ETHICS, OR WAIVER OF A PROVISION OF THE CODE OF ETHICS.
For the reasons set forth in Item 5.03 above, on April25, 2018, the Board of Directors of the Company approved an amendment and restatement of the Company’s Code of Ethical Conduct and Insider Trading Policy (the “Amended Code of Ethics”), effective immediately, to (i)eliminate references to the 1940 Act and requirements of the 1940 Act and (ii)make certain conforming and ministerial changes.
The foregoing description of the Amended Code of Ethics is qualified in its entirety by reference to the Amended Code of Ethics, which is attached hereto as Exhibit 14.1 and is incorporated herein by reference.
Item 5.03. FINANCIAL STATEMENTS AND EXHIBITS.
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ExhibitNo. |
Description |
| 3.1 | Amended and Restated By-Laws of Medallion Financial Corp. |
| 14.1 | Code of Ethical Conduct and Insider Trading Policy. |
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Exhibit Index
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MEDALLION FINANCIAL CORP ExhibitEX-3.1 2 d556072dex31.htm EX-3.1 EX-3.1 Exhibit 3.1 AMENDED AND RESTATED BY-LAWS of MEDALLION FINANCIAL CORP. (a Delaware corporation) As Amended and Restated on April 25,…To view the full exhibit click here
About MEDALLION FINANCIAL CORP. (NASDAQ:MFIN)
Medallion Financial Corp. is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. The Company operates in lending and investing operations segment. It originates and services medallion, secured commercial, and consumer loans, and invests in both marketable and nonmarketable securities. The Company’s subsidiary, Medallion Bank, also originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, trailers, and to finance small-scale home improvements. The Company also conducts business through its asset-based lending division, Medallion Business Credit, an originator of loans to small businesses for the purpose of financing inventory and receivables.