BIMIZCI Crosses 500,000 Share Threshold; Nominates Three Directors at Medallion Financial; Cites Deteriorating Performance, and Federal Securities Fraud Judgment

On May 19, 2026, BIMIZCI Fund LLC announced that it had crossed the 500,000-share threshold in Medallion Financial Corp. common stock and had nominated three candidates, Eric Kelly, John Kiernan and Timothy Shanahan, for election as Class III directors at the company’s 2026 annual meeting. The release describes the nominees’ backgrounds and states BIMIZCI’s reasons for the nominations, citing the company’s financial performance and the May 2025 final judgment entered on consent in the SEC’s action against the company and its president. The full release is available on Business Wire.