SEC Filing Summary: PRA Group, Inc. (Form 8-K)
Business Context and Reporting Period
This Form 8-K Current Report was filed by PRA Group, Inc. (formerly Portfolio Recovery Associates, Inc.) on October 24, 2014. The report documents a corporate name change approved by the Board of Directors on October 23, 2014. The company is incorporated in Delaware and maintains its principal executive offices in Norfolk, Virginia.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a corporate governance change and does not contain financial statements or performance metrics.
Material Changes
- Corporate Name Change: The Company officially changed its name from "Portfolio Recovery Associates, Inc." to "PRA Group, Inc."
- Legal Filings: A Certificate of Amendment to the Certificate of Incorporation was filed with the Delaware Secretary of State on October 23, 2014. An Amended and Restated Certificate of Incorporation was filed on October 24, 2014.
- Bylaws Amendment: The Company's By-laws were amended to reflect the new name.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the procedural details of the name change and the listing of exhibits.
Key Facts for Investor Verification
- Verify the effective date of the name change to PRA Group, Inc. (October 23, 2014).
- Confirm the filing of the Amended and Restated Certificate of Incorporation with the Delaware Secretary of State.
- Review the attached Amended By-laws (Exhibit 3.2) for any provisions beyond the name change.
- Note that this filing does not contain financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.