03:14 PM EDT, 06/13/2025 (MT Newswires) -- Jefferson Capital (JCAP) said Friday its proposed initial public offering will consist of 10 million shares with an expected price range of $15 to $17 per share.

The offering includes 625,000 shares to be sold by the company and almost 9.4 million shares by current shareholders, the company said. Underwriters were granted a 30-day option to buy up to 1.5 million additional shares from existing shareholders, Jefferson Capital said.

Shares are expected to be approved for listing on Nasdaq under the "JCAP" ticker, according to the company.

Jefferson Capital said it will not receive any proceeds from shares sold by existing shareholders.

The company filed for an IPO in May without providing details about the offering.