On January 9, 2025, Jefferson Capital, Inc., a leading analytically driven purchaser and manager of charged-off, insolvency, and active consumer accounts, announced the pricing of an underwritten public offering of 10,000,000 shares of common stock by certain of its existing stockholders at a price of US$20.50 per share and a concurrent repurchase by Jefferson Capital of 3,000,000 shares from the underwriters. Jefferies LLC and Keefe, Bruyette & Woods, Inc. acted as lead underwriters in respect of the transactions. The underwriters exercised in full the over-allotment option to purchase from the selling stockholders up to 1,500,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions.

Miller Thomson acted as counsel to the Canadian selling shareholder in connection with this secondary public offering with a deal team led by Florind Polo (M&A and Capital Markets) and including Ian Polisuk (Corporate and Capital Markets).