Nicholas Financial Files Definitive Proxy Statement

TL;DR

NICHOLAS FINANCIAL (NICK) filed its proxy statement. Get ready to vote.

AI Summary

Nicholas Financial, Inc. filed its definitive proxy statement (DEF 14A) on August 23, 2024, for the fiscal year ending March 31, 2024. The filing, which does not require a fee, pertains to the company's annual meeting and related corporate governance matters. Nicholas Financial, Inc. is a short-term business credit institution based in Clearwater, Florida.

Why It Matters

This filing provides shareholders with essential information regarding voting matters, executive compensation, and director elections, enabling informed participation in the company's governance.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is standard for public companies and typically contains information about annual meetings and governance, not immediate financial risks.

Key Numbers

• 20240823 — Filing Date (The date the definitive proxy statement was filed with the SEC.)
• 0331 — Fiscal Year End (The end date of the fiscal year for which the proxy statement provides information.)

Key Players & Entities

• NICHOLAS FINANCIAL INC (company) — Registrant
• 2454 MCMULLEN BOOTH RD (location) — Company Business Address
• CLEARWATER, FL (location) — Company Business Address

FAQ

Key Financial Figures

• $0.01 — ssue 50,000,000 shares of Common Stock, $0.01 par value per share (the Common Stock)

Filing Documents

• nick_2024_proxy_statemen.htm (DEF 14A) — 547KB
• img182287513_0.jpg (GRAPHIC) — 95KB
• img182287513_1.jpg (GRAPHIC) — 155KB
• img182287513_2.jpg (GRAPHIC) — 164KB
• img182287513_3.jpg (GRAPHIC) — 586KB
• img182287513_4.jpg (GRAPHIC) — 372KB
• 0000950170-24-100067.txt ( ) — 2437KB

From the Filing

DEF 14A 1 nick_2024_proxy_statemen.htm DEF 14A DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. __) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under Rule 14a-12 NICHOLAS FINANCIAL, INC. (Name of registrant as specified in its charter) (Name of person(s) filing proxy statement, if other than the registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee Paid previously with preliminary materials Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. NICHOLAS FINANCIAL, INC. 26133 US HWY 19 North Suite #300 Clearwater, Florida 33763 (727) 726-0763 NOTICE OF ANNUAL MEETING To the Stockholders of Nicholas Financial, Inc.: NOTICE IS HEREBY GIVEN that the fiscal year 2024 Annual Meeting of Stockholders (the “Meeting”) of Nicholas Financial, Inc. (hereinafter called the “Company”) will be held at the offices of the Company’s legal counsel, Kutak Rock LLP, located at The Omaha Building, 1650 Farnam Street, Omaha, Nebraska 68102-2186, on Tuesday, September 24, 2024, at 10:00 a.m. Central Time for the following purposes: 1. to receive the Report of the Directors; 2. to receive the consolidated financial statements of the Company for its fiscal year ended March 31, 2024, and the report of Forvis Mazars, LLP, the Company’s Independent Registered Public Accounting Firm, thereon; 3. to elect five directors to hold office until the 2025 Annual Meeting of Stockholders, until their respective successors are duly elected and qualified (Proposal 1); 4. to ratify the appointment of Forvis Mazars, LLP as the Company’s Independent Registered Public Accounting Firm for the fiscal year ending March 31, 2025 (Proposal 2); 5. to provide an advisory vote on the compensation for our named executive officers as disclosed in the Executive Compensation Discussion and Analysis section and the accompanying compensation tables and narrative discussion contained in the accompanying Proxy Statement (Proposal 3); and 6. to transact such other business as may properly come before the Meeting. Accompanying this Notice are a Proxy Statement and form of proxy card and/or voting instructions form. Stockholders of record as of the close of business on August 13, 2024 will be entitled to attend and vote at the Meeting, or any adjournment or postponement thereof. A stockholder entitled to attend and vote at the Meeting is entitled to appoint a proxy holder to attend and vote in his or her stead. Your vote is important. Whether or not you plan to attend the Meeting in person, we urge you to (i) read the notes on the form of proxy card and then complete, sign and return the proxy card within the time set forth in such notes (if you are a record holder); (ii) read the transfer agent’s voting instruction form or contact your bank or broker for instructions on voting (if you are a beneficial owner), and follow the instructions; or (iii) vote via Internet or by telephone by following the corresponding instructions on the form of proxy card or voting instruction form, as applicable. The enclosed proxy is solicited by the Board of Directors of the Company but, as set out on the form of proxy card or voting instruction form, you may amend it if you so desire by inserting in the space provided the name of the person you wish to represent you at the Meeting. Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to be Held on September 24, 2024 Pursuant to rules of the U.S. Securities and Exchange Commission, we have elected to provide access to our proxy materials both by sending you this full set of proxy materials, including a proxy card, and by notifying you of the availability of our proxy materials on the Internet. This Proxy Statement and our Annual Report on Form 10-K for the fiscal year ended March 31, 2024, are available at https:// nicholasfinancial .com/?page_id=7397 . DATED at Clearwater, Florida, August 23, 2024. BY ORDER OF THE BOARD OF DIRECTORS Charles Krebs Corporate Secretary NICHOLAS FINANCIAL, INC 26133 US HWY 19 North Suite #300 Clearwater, Florida 33763 (727) 726-0763 PROXY STATEMENT AS AT AND DATED August 23, 2024 This Proxy Statement accompanies the Notice of the 2024 Annual Meeting of Stockholders (the “Meeting”) of Nicholas Financial, Inc. (hereinafter called the “Company”) to be held on Tuesday, September 24, 2024, at 10:00 a.m. Central Time, at the offices of the Company's legal coun

View Full Filing

View this DEF 14A filing on SEC EDGAR