Jefferson Capital Completes Asset Acquisition/Disposition

TL;DR

Jefferson Capital closed a deal on Dec 4th, filing the 8-K today. Details on assets involved.

AI Summary

Jefferson Capital, Inc. filed an 8-K on December 5, 2025, reporting the completion of an acquisition or disposition of assets as of December 4, 2025. The filing also includes financial statements and exhibits related to this event. The company is incorporated in Delaware and headquartered in Minneapolis, MN.

Why It Matters

This filing indicates a significant corporate action, potentially impacting Jefferson Capital's asset base, financial structure, and future business operations.

Risk Assessment

Risk Level: medium — The completion of an acquisition or disposition of assets can introduce significant financial and operational risks depending on the nature and scale of the transaction.

Key Players & Entities

• Jefferson Capital, Inc. (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• Minneapolis, MN (location) — Principal executive offices
• December 4, 2025 (date) — Date of earliest event reported
• December 5, 2025 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — hangeonwhichregistered: Common stock, $0.0001 par value per share JCAP Nasdaq Glo
• $196.1 million — et purchase price for the portfolio was $196.1 million and the estimated remaining collections
• $310.0 million — tions associated with the portfolio are $310.0 million. The foregoing description of the Purc

Filing Documents

• tm2532799d1_8k.htm (8-K) — 27KB
• tm2532799d1_ex99-1.htm (EX-99.1) — 9KB
• tm2532799d1_ex99-1img01.jpg (GRAPHIC) — 3KB
• 0001104659-25-118595.txt ( ) — 208KB
• jcap-20251204.xsd (EX-101.SCH) — 3KB
• jcap-20251204_lab.xml (EX-101.LAB) — 33KB
• jcap-20251204_pre.xml (EX-101.PRE) — 22KB
• tm2532799d1_8k_htm.xml (XML) — 4KB

01 Completion of Acquisition or Disposition

Item 2.01 Completion of Acquisition or Disposition of Assets. As previously reported in the Current Report on Form 8-K filed by Jefferson Capital, Inc., a Delaware corporation (the "Company"), with the Securities and Exchange Commission (the "SEC") on October 29, 2025, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with BLST Holding Company LLC, BLST Operating Company, LLC, BLST FinCo, LLC and BLST FinCo SubCo, LLC (collectively, "Bluestem"). On December 4, 2025, pursuant to the terms and conditions of the Purchase Agreement, the Company completed the portfolio acquisition of credit card assets from Bluestem (the "Acquisition"). As previously disclosed, the Company does not intend to pursue ongoing originations through the Bluestem platform, and the Acquisition did not include any Bluestem retail operations or assets. The net purchase price for the portfolio was $196.1 million and the estimated remaining collections associated with the portfolio are $310.0 million. The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, a copy of which is incorporated by reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q filed by the Company with the SEC on November 14, 2025. Additionally, a copy of the press release issued by the Company in relation to the closing of the Acquisition is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Jefferson Capital, Inc. Press Release, dated December 4, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document) SIGNATURE 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. Jefferson Capital, Inc. Dated: December 5, 2025 By: /s/ Christo Realov Name: Christo Realov Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR