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Prospect Capital

2.90

-0.0100-0.34%

Post-market: 2.900.00000.00%19:59 EDT

Volume:8.39M

Turnover:23.88M

Market Cap:1.31B

PE:-3.33

High:2.90

Open:2.90

Low:2.80

Close:2.91

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Overview Company News Filings

QC Holdings, Inc. to be Acquired by Prospect Capital Corporation

Prospect Capital Launches Cash Tender Offer for 3.706% Notes

MT Newswires Live

Prospect Capital Corporation Hosting Upcoming Webinar: “Medium Term Notes – Senior Position and Attractive Income”

Prospect Capital’s Credit Ratings Reaffirmed Investment Grade by Egan-Jones Ratings Company

Prospect Capital’s Credit Ratings Reaffirmed Investment Grade by Morningstar DBRS with Stable Trend

Prospect Capital CEO Makes Bold Stock Purchase!

Prospect Capital Repays March 2025 Convertible Bond

MT Newswires Live

BRIEF-Prospect Capital Corp Announces Full Repayment Of Convertible Bond Due March 2025

CEO’s Bold Move: Major Stock Purchase at Prospect Capital

R-V Industries’ to Participate in Several Upcoming Industry Events

Prospect Capital CEO buys $1.01M in common stock

Priority Income Fund Announces 13.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for March 2025 through May 2025

Town & Country Living Unveils Stylish and Functional Pet Comfort Collection at Global Pet Expo 2025

Priority Income Fund Announces Declaration of Preferred Stock Distributions for March 2025

Prospect Capital Corporation Releases Updated Prospect Highlights

Mity Inc. Announces Successful Launch of Traversa Non-Emergency Medical Transport Chair

Valley Electric Received Three Separate Awards for Excellence in Engineering, Design and Sustainability

Druid City Vital Care Recognized at Vital Care Infusion Services Annual Conference

Tower Loan Announces New Customer Mobile App

Prospect Capital Achieves Outstanding Corporate Culture Recognition Based on Independent Culture Amp Survey

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(“QC Holdings” or the “Company”) (OTCPK:QCCO) today a","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/04/11/3060079/0/en/QC-Holdings-Inc-to-be-Acquired-by-Prospect-Capital-Corporation.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4135","BK4166","PBB","PSEC","QCCO"],"gpt_icon":0},{"id":"2526364001","title":"Prospect Capital Launches Cash Tender Offer for 3.706% Notes","url":"https://stock-news.laohu8.com/highlight/detail?id=2526364001","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526364001?lang=en_us&edition=fundamental","pubTime":"2025-04-09 21:37","pubTimestamp":1744205841,"startTime":"0","endTime":"0","summary":"Prospect Capital  said Wednesday that it has launched a cash tender offer to buy any and all of its outstanding 3.706% notes due 2026.The business development company said it is offering $990.00 per $1,000 principal amount of notes, in addition to accrued and unpaid interest. The total outstanding principal amount of the notes is approximately $342.9 million.The offer is set to expire April 17 and has a settlement date of April 22.Shares of Prospect Capital were down 2.3% in early trading.Price: 3.42, Change: -0.08, Percent Change: -2.29","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PSEC","BK4135"],"gpt_icon":0},{"id":"2526126352","title":"Prospect Capital Corporation Hosting Upcoming Webinar: “Medium Term Notes – Senior Position and Attractive Income”","url":"https://stock-news.laohu8.com/highlight/detail?id=2526126352","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526126352?lang=en_us&edition=fundamental","pubTime":"2025-04-09 19:00","pubTimestamp":1744196400,"startTime":"0","endTime":"0","summary":"NEW YORK, April  09, 2025  (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) is pleased to host an upcoming webinar for financial professionals titled “Mediu","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/04/09/3058278/0/en/Prospect-Capital-Corporation-Hosting-Upcoming-Webinar-Medium-Term-Notes-Senior-Position-and-Attractive-Income.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PBB","BK4135","PSEC"],"gpt_icon":0},{"id":"2524023031","title":"Prospect Capital’s Credit Ratings Reaffirmed Investment Grade by Egan-Jones Ratings Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2524023031","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524023031?lang=en_us&edition=fundamental","pubTime":"2025-04-03 19:01","pubTimestamp":1743678060,"startTime":"0","endTime":"0","summary":"NEW YORK, April  03, 2025  (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (\"Prospect\", “our”, or “we”) today announced that Egan-Jones Ratings Company (\"Egan-Jones\") has reaffirmed Pr","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/04/03/3054992/0/en/Prospect-Capital-s-Credit-Ratings-Reaffirmed-Investment-Grade-by-Egan-Jones-Ratings-Company.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PSEC"],"gpt_icon":0},{"id":"2522522676","title":"Prospect Capital’s Credit Ratings Reaffirmed Investment Grade by Morningstar DBRS with Stable Trend","url":"https://stock-news.laohu8.com/highlight/detail?id=2522522676","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522522676?lang=en_us&edition=fundamental","pubTime":"2025-03-28 19:01","pubTimestamp":1743159660,"startTime":"0","endTime":"0","summary":"NEW YORK, March 28, 2025  -- Prospect Capital Corporation   today announced that Morningstar DBRS  has reaffirmed Prospect’s investment grade issuer andlong term senior debt credit ratings at BBB, and assigned a revised trend of Stable.\"We are very pleased that Morningstar DBRS, which has rated Prospect for many years, has reaffirmed our investment grade credit ratings,\" said Grier Eliasek, President and Chief Operating Officer at Prospect.“Our strong business profile is supported by a multi-decade track record, over $21 billion invested across 400+ investments, $4.7 billion in cumulative principal bond repayments, diversified access to multiple capital markets including our $2.1 billion credit facility with 48 institutional banks, and disciplined deal execution with a less than 1% book to look ratio out of over 3,000 origination opportunities per annum,\" said Mr. Eliasek.\"With low 0.40x debt to equity leverage, high employee ownership, strong counterparty relationships, a majority sen","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/prospect-capital-credit-ratings-reaffirmed-110100638.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["MORN","PSEC"],"gpt_icon":0},{"id":"2522398834","title":"Prospect Capital CEO Makes Bold Stock Purchase!","url":"https://stock-news.laohu8.com/highlight/detail?id=2522398834","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522398834?lang=en_us&edition=fundamental","pubTime":"2025-03-27 10:01","pubTimestamp":1743040883,"startTime":"0","endTime":"0","summary":"New insider activity at Prospect Capital ( ($PSEC) ) has taken place on March 27, 2025. CEO John F. Barry has made a significant move by purchasing...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/insider-trading/prospect-capital-ceo-makes-bold-stock-purchase?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/insider-trading/prospect-capital-ceo-makes-bold-stock-purchase?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4135","PSEC"],"gpt_icon":0},{"id":"2522008732","title":"Prospect Capital Repays March 2025 Convertible Bond","url":"https://stock-news.laohu8.com/highlight/detail?id=2522008732","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522008732?lang=en_us&edition=fundamental","pubTime":"2025-03-25 22:26","pubTimestamp":1742912813,"startTime":"0","endTime":"0","summary":"Prospect Capital  said Tuesday it has fully repaid its convertible bond due March.With the latest repayment, the business development company has now repaid in more than 20 years roughly $4.7 billion in principal bond obligations throughout 874 debt installments, Prospect said.Shares were edging 0.1% higher in recent trading.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["US30Y.BOND","US7Y.BOND","US10Y.BOND","PSEC","US5Y.BOND","US6M.BOND","US12M.BOND","US3Y.BOND","US2Y.BOND","BK4135"],"gpt_icon":0},{"id":"2522294720","title":"BRIEF-Prospect Capital Corp Announces Full Repayment Of Convertible Bond Due March 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2522294720","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522294720?lang=en_us&edition=fundamental","pubTime":"2025-03-25 19:39","pubTimestamp":1742902745,"startTime":"0","endTime":"0","summary":"BRIEF-Prospect Capital Corp Announces Full Repayment Of Convertible Bond Due March 2025March 25 (Reuters) - Prospect Capital Corp PSEC.O:PROSPECT CAPITAL CORP - ANNOUNCES FULL REPAYMENT OF CONVERTIBLE","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250325:nFWN3Q80AS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4135","PSEC"],"gpt_icon":0},{"id":"2521260796","title":"CEO’s Bold Move: Major Stock Purchase at Prospect Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2521260796","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521260796?lang=en_us&edition=fundamental","pubTime":"2025-03-22 10:04","pubTimestamp":1742609093,"startTime":"0","endTime":"0","summary":"New insider activity at Prospect Capital ( ($PSEC) ) has taken place on March 22, 2025. CEO John F. Barry has made a significant move by purchasing...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/insider-trading/ceos-bold-move-major-stock-purchase-at-prospect-capital?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/insider-trading/ceos-bold-move-major-stock-purchase-at-prospect-capital?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4135","PSEC"],"gpt_icon":0},{"id":"2520902887","title":"R-V Industries’ to Participate in Several Upcoming Industry Events","url":"https://stock-news.laohu8.com/highlight/detail?id=2520902887","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520902887?lang=en_us&edition=fundamental","pubTime":"2025-03-19 19:01","pubTimestamp":1742382060,"startTime":"0","endTime":"0","summary":"HONEY BROOK, Pa., March 19, 2025  -- R-V will be participating in several upcoming industry events.Ackley, Beta Star, Genesis, and R.W. Hartnett will be exhibitors at theInterphextrade show April 1-3 in New York City. Ackley and R.W. Hartnett will be exhibiting at the CPHI show October 28-30 in Frankfurt, Germany. Having four of its brands at the world's biggest pharma-centric trade shows demonstrates R-V’s emergence as a significant player across the pharmaceutical landscape and is indicative of a company-wide commitment to manufacturing excellence, regardless of the industry.Market and product diversity has been a key differentiator of R-V Industries over its 51-year history. Fabricated steel products established R-V as an innovator in the Customer Fabrication, ASME Code Pressure Vessel, Nuclear, Paper, and Power markets since its founding in 1974.A series of acquisitions in the pharmaceutical industry followed, starting with Genesis Packaging Technologies , now widely recognized as ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/r-v-industries-participate-several-110100081.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PSEC","BK4135"],"gpt_icon":0},{"id":"2520676280","title":"Prospect Capital CEO buys $1.01M in common stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2520676280","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520676280?lang=en_us&edition=fundamental","pubTime":"2025-03-18 20:27","pubTimestamp":1742300861,"startTime":"0","endTime":"0","summary":"In a regulatory filing last night, Prospect Capital (PSEC) disclosed that its CEO John Barry bought 240K shares of common stock on March 13th in a ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/prospect-capital-ceo-buys-1-01m-in-common-stock?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/prospect-capital-ceo-buys-1-01m-in-common-stock?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4135","PSEC"],"gpt_icon":0},{"id":"2519095862","title":"Priority Income Fund Announces 13.0% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for March 2025 through May 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2519095862","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519095862?lang=en_us&edition=fundamental","pubTime":"2025-03-14 04:30","pubTimestamp":1741897800,"startTime":"0","endTime":"0","summary":"NEW YORK, March 13, 2025  -- Priority Income Fund, Inc.  announced today that the Fund’s Board of Directors has declared monthly cash “base” and “bonus” common shareholder distributions for March 2025, April 2025 and May 2025.The annualized total cash distribution is $1.34016 per share , for distributions with record dates between March 13, 2025 and May 5, 2025 based on the current Class R offering price of $10.29 per common share and the current Class I offering price of $9.60 per common share.The cash “base” distribution will have monthly record dates and will be payable monthly to common stockholders of record at the close of business each month. These declared distributions equal a weekly cash amount of $0.02014 per share of common stock  as follows:. These distributions represent the 135th, 136th, and 137th consecutive monthly “base” distributions paid by the Fund.Distributions shall first be treated as a distribution of taxable investment company income undistributed from the pri","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/priority-income-fund-announces-13-203000405.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PSEC","BK4135","TSS"],"gpt_icon":0},{"id":"2519872998","title":"Town & Country Living Unveils Stylish and Functional Pet Comfort Collection at Global Pet Expo 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2519872998","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519872998?lang=en_us&edition=fundamental","pubTime":"2025-03-13 19:01","pubTimestamp":1741863660,"startTime":"0","endTime":"0","summary":"NEW YORK, March 13, 2025  -- Town & Country Living, a leader in home textiles and pet comfort products, is set to showcase its newest line of pet accessories at the Global Pet Expo in Orlando, FL, from March 26-28, 2025. This highly anticipated debut marks the expansion of the company’s Town & Country Living pet brand, offering a blend of style, comfort, and convenience for pets and their owners. Designed to complement modern home décor, the Town & Country Living Pet Comfort Collection features a variety of plush, easy-care pet beds in shapes ranging from bolsters and donuts to couch protectors and crate mats. Available in sizes for small to extra-large dogs, the collection includes luxurious fabrics such as sherpa fleece, fuzzy faux fur, and stylish, machine-washable covers.Media Contact:Judi Alvarez VP Licensing and Marketing Town & Country Living jalvarez@tncliving.com  580-0363","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/town-country-living-unveils-stylish-110100109.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4135","PSEC"],"gpt_icon":0},{"id":"2518779824","title":"Priority Income Fund Announces Declaration of Preferred Stock Distributions for March 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2518779824","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518779824?lang=en_us&edition=fundamental","pubTime":"2025-03-12 03:09","pubTimestamp":1741720140,"startTime":"0","endTime":"0","summary":"Distributions shall first be treated as a distribution of taxable investment company income undistributed from the prior year, and then treated as a distribution of taxable investment company income for the current year. This treatment will not affect tax reporting to shareholders.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/priority-income-fund-announces-declaration-190900233.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4135","PSEC"],"gpt_icon":0},{"id":"2518782604","title":"Prospect Capital Corporation Releases Updated Prospect Highlights","url":"https://stock-news.laohu8.com/highlight/detail?id=2518782604","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518782604?lang=en_us&edition=fundamental","pubTime":"2025-03-11 07:04","pubTimestamp":1741647840,"startTime":"0","endTime":"0","summary":"NEW YORK, March  10, 2025  (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced an updated “Prospect Highlights” has been posted to Prospect’s website","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/03/10/3040239/0/en/Prospect-Capital-Corporation-Releases-Updated-Prospect-Highlights.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PSEC","BK4135","PBB"],"gpt_icon":0},{"id":"2518817107","title":"Mity Inc. Announces Successful Launch of Traversa Non-Emergency Medical Transport Chair","url":"https://stock-news.laohu8.com/highlight/detail?id=2518817107","media":"GlobeNewswire","labels":["productRelease","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518817107?lang=en_us&edition=fundamental","pubTime":"2025-03-11 06:09","pubTimestamp":1741644540,"startTime":"0","endTime":"0","summary":"OREM, Utah, March 10, 2025  -- Mity Inc. announces that sales of its new Traversa chair serving the non-emergency medical transport  market have topped $1.6 million since introduction in early 2024.Mity Inc. is a designer and manufacturer of commercial furniture selling into a variety of markets. Broda Seating is a division of Mity which designs and manufactures various types of wheelchairs , hygiene chairs, and support accessories  for the senior living and hospitality end market. In 2024, Broda introduced the new Traversa line specifically for the NEMT market.The Traversa chair is the NEMT industry’s first alternative to traditional stretchers and gurneys. The Traversa can recline up to 90 degrees and tilt up to 20 degrees. Unlike stretchers and gurneys that require multiple operators, the Traversa wheelchair only requires one operator, resulting in significant labor cost savings for the NEMT service provider. 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The Everett, Washington headquartered company offers a comprehensive array of contracting services, primarily for commercial, industrial, mission critical, and transportation infrastructure applications, including new installation, engineering and design, design-build, and traffic lighting and signalization. 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Three locations -- Tuscaloosa, AL, Tupelo, MS, and North Augusta, SC -- each received Top Gun awards for performance. The Memphis location won the Fast Starter award for the most revenue in their first year. Tuscaloosa was recognized as the #1 franchise in the Vital Care franchisee network for 2023 and 2024, and achieved the milestone of being the first Vital Care site to ever exceed $100 million in receipts for a calendar year.Druid City Vital Care provides infusion pharmacy and sterile compounding services for patients with acute and chronic conditions. 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The innovative app will enhance the loan process by making it more efficient and providing additional resources to help customers manage their finances.The new mobile app will allow customers to apply for loans with just a few taps, further simplifying the process. In addition, the app will help customers assess and choose the loan option that best suits their needs. Making payments will be easier than ever, with recurring payment options and timely reminders to ensure customers never miss a payment.Patrick Thornton, Tower Loan's Chief Technology Officer , stated, \"The release of this mobile app marks just the beginning. We are committed to continuously innovating and expanding the app's capabilities to serve our customers better and positively impact their financial journeys. 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