- **Atlanticus Holdings Corporation** (NASDAQ: ATLC) **acquired the Vive Financial credit card receivables portfolio** from PROG Holdings, Inc.  **[1464343_703d690552ad4b19a6033db38e43e3f1_0]** 
- Under the terms of the agreement, Atlanticus acquired approximately **$165 million in credit card receivables**.  **[1464343_703d690552ad4b19a6033db38e43e3f1_0]**  PROG Holdings received approximately **$150 million in cash** from the sale.  **[1464343_703d690552ad4b19a6033db38e43e3f1_0]** 
- Atlanticus expects this acquisition to **deepen and add numerous retail partner relationships** and establish a meaningful partnership with PROG Holdings.  **[1464343_703d690552ad4b19a6033db38e43e3f1_0]**

Atlanticus Acquires Vive Credit Card Receivables Portfolio

- **Atlanticus Holdings Corporation (ATLC) acquired Mercury Financial LLC** on **September 11, 2025**, for approximately **$162 million** in cash.  **[1464343_0001437749-25-029311_ex_862200.htm:0]** **[1464343_0001437749-25-029311_atlc20250917_8k.htm:1]** 
- The acquisition adds **1.3 million credit card accounts** and **$3.2 billion in credit card receivables**, increasing Atlanticus's total serviced accounts to over **5 million** and total managed receivables to over **$6 billion**.  **[1464343_0001437749-25-029311_ex_862200.htm:0]** **[1464343_0001437749-25-029311_atlc20250917_8k.htm:1]** 
- Mercury Financial LLC is a credit card platform serving **near-prime consumers**, which expands Atlanticus's product offerings and market segment.  **[1464343_0001437749-25-029311_ex_862200.htm:0]** **[1464343_0001437749-25-029311_atlc20250917_8k.htm:1]**

Atlanticus Holdings Corporation Acquires Mercury Financial LLC

- Atlanticus Holdings Corporation announced the **acquisition of Mercury Financial LLC** on **September 11, 2025**.  **[1464343_b6c44ebfe2754bfcacb313652518f1a4_1]** 
- The acquisition adds **$3.2 billion** of credit card receivables and **1.3 million** credit card accounts, increasing Atlanticus's total managed receivables to over **$6 billion** and total serviced accounts to over **5 million**.  **[1464343_b6c44ebfe2754bfcacb313652518f1a4_0]** **[1464343_b6c44ebfe2754bfcacb313652518f1a4_1]** 
- Mercury Financial LLC is a credit card platform focused on **near-prime consumers**, which expands Atlanticus's product offerings and capabilities into this segment.  **[1464343_b6c44ebfe2754bfcacb313652518f1a4_0]** **[1464343_b6c44ebfe2754bfcacb313652518f1a4_1]** 
- The transaction's consideration includes a cash purchase price of approximately **$162 million**, with potential future earn-out payments.  **[1464343_b6c44ebfe2754bfcacb313652518f1a4_2]**

Atlanticus Holdings (ATLC)