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Tuesday, May 21, 2024

Regional Management Announces 2.040M Share Offering by Selling Shareholders

Courtesy of Benzinga.

Regional Management Corp. (NYSE: RM) announced today the launch of a secondary offering of
2,040,065 shares of its common stock. All of the shares are being
offered by: (i) Palladium Equity Partners III, L.P., an existing
stockholder of the Company and an affiliate of Palladium Equity
Partners; (ii) Parallel 2005 Equity Fund, LP, an existing stockholder of
the Company and an affiliate of Parallel Investment Partners; (iii)
entities affiliated with Richard A. Godley, a director, existing
stockholder and founder of the Company; and (iv) C. Glynn Quattlebaum,
President and Chief Operating Officer of the Company and an existing
stockholder and founder of the Company. Regional Management will not
sell any shares or receive any proceeds from

See full press release

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