Regional Management Corp., a diversified specialty consumer finance company, has filed a resale shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC) covering 7,263,599 shares of Regional Management’s common stock. The filing relates to a potential secondary offering by Regional Management’s controlling stockholders, including affiliates of Palladium Equity Partners LLC, Parallel Investment Partners and Rick Godley. Regional Management will not receive any proceeds from any offering related to these shares.
The Greenville-based company said in a release that once the SEC declares the resale shelf registration statement effective, the controlling stockholders might offer up to 7,263,599 shares of Regional Management’s common stock to the public. If they offer the shares through an underwritten offering, Regional Management will make a subsequent filing with the SEC setting forth the terms of the underwritten offering. Any offer to sell the shares, if and when such an offer is made, will be made pursuant to a prospectus or a prospectus supplement that will be issued with respect to any such offering.
