# EDGAR Filing Document

**Accession Number:** 0000108385
**File Stem:** 0000108385-25-000047
**Filing Date:** 2025-6
**Character Count:** 17266
**Document Hash:** e71c71f974fd1e08e97d4d103c6552ef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000108385-25-000047.hdr.sgml**: 20250609

**ACCESSION NUMBER**: 0000108385-25-000047

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 4

**REFERENCES 429**: 333-220391

**FILED AS OF DATE**: 20250606

**DATE AS OF CHANGE**: 20250609

**EFFECTIVENESS DATE**: 20250606

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WORLD ACCEPTANCE CORP
- **CENTRAL INDEX KEY:** 0000108385
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERSONAL CREDIT INSTITUTIONS [6141]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 570425114
- **STATE OF INCORPORATION:** SC
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287874
- **FILM NUMBER:** 251033227

**BUSINESS ADDRESS:**
- **STREET 1:** 108 FREDRICK STREET
- **CITY:** GREENVILLE
- **STATE:** SC
- **ZIP:** 29607
- **BUSINESS PHONE:** 8642989800

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 6429
- **CITY:** GREENVILLE
- **STATE:** SC
- **ZIP:** 29606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WORLD FINANCE CORP
- **DATE OF NAME CHANGE:** 19700210

________________________________________________________________________________

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**________________**

**FORM S-8**

**REGISTRATION STATEMENT UNDER**

**THE SECURITIES ACT OF 1933**

**________________________________**

**WORLD ACCEPTANCE CORPORATION**

(Exact name of registrant as specified in its charter)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**South Carolina&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57-0425114**

&nbsp;&nbsp;&nbsp;&nbsp;(State or other jurisdiction of&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (I.R.S. Employer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;incorporation or organization)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Identification No.)

**104 S. Main St.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29601**

**Greenville, South Carolina&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** (Zip Code)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Address principal executive offices)

**World Acceptance Corporation 2017 Stock Incentive Plan**

**(Full title of the plan)**

**________________________________**

**Luke J. Umstetter**

**Senior Vice President, General Counsel, Chief Compliance Officer and Secretary**

**World Acceptance Corporation**

**104 S. Main St.**

**Greenville, South Carolina 29601**

**Telephone: (864) 298-9800**

(Name and address, including zip code, and telephone number, including area code, of agent for service of process)

With a copy of all communications to:

**Kerry T. Wenzel**

**Alston & Bird LLP**

**One Atlantic Center**

**1201 W Peachtree St NE, Suite 4900**

**Atlanta, GA 30309**

**Tel: (404) 881-7000**

**________________________________**

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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

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| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☐ | Accelerated filer | ☒ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | | |

---

If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

**EXPLANATORY NOTE**

This Registration Statement on Form S-8 (this "Registration Statement") is being filed by World Acceptance Corporation (the "Company") for the purpose of registering an additional 370,000 shares of Company common stock, no par value ("Common Stock") that may become available for issuance with respect to awards granted under the World Acceptance Corporation 2017 Stock Incentive (the "Plan") pursuant to the share counting and share recycling provisions of the Plan.

In accordance with General Instruction E to Form S-8, the Company's prior registration statement on Form S-8 relating to the Plan, previously filed with the Securities and Exchange Commission (the "Commission") on September 8, 2017 (File No. 333-220391) is incorporated by reference into this Registration Statement.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 8. Exhibits.**

---

| | |
|:---|:---|
| **<u>Exhibit Number</u>** | **<u>Description</u>** |
| 4.1 | <u>[Second Amended and Restated Articles of Incorporation of World Acceptance Corporation, as amended (incorporated by reference to Exhibit 3.1 to the Registrant's Registration Statement on Form S-8 (File No. 333-107426) filed with the Commission on July 29, 2003)](https://www.sec.gov/Archives/edgar/data/108385/000119312503025375/dex31.htm)</u> |
| 4.2 | <u>[Eighth Amended and Restated Bylaws of World Acceptance Corporation (incorporated by reference to Exhibit 3.01 to the Registrant's Quarterly Report on Form 10-Q (File No. 000-19599) filed with the Commission on November 8, 2018)](https://www.sec.gov/Archives/edgar/data/108385/000010838518000160/wrld_09302018xex301.htm)</u> |
| 4.3 | Specimen Share Certificate (incorporated by reference to Exhibit 4.1 to the Registrant's Registration Statement on Form S-1/A (File No. 33-42879) filed with the Commission on October 28, 1991) |
| 5.1\* | <u>[Opinion of Alston & Bird LLP](exhibit51.htm)</u> |
| 23.1\* | <u>[Consent of RSM US LLP](exhibit231.htm)</u> |
| 23.2\* | <u>[Consent of Alston & Bird LLP (included in Exhibit 5.1)](exhibit51.htm)</u> |
| 24.1\* | <u>[Power of Attorney (included on signature page)](#i35c7f1870f704f5496544ee860fbf0e4_100)</u> |

---

------

---

| | |
|:---|:---|
| 99.1 | <u>[World Acceptance Corporation 2017 Incentive Plan (incorporated by reference to Exhibit 99 to the Registrant's Registration Statement on Form S-8 (File No. 333-220391) filed with the Commission on September 8, 2017)](https://www.sec.gov/Archives/edgar/data/108385/000010838517000044/wrld_2017sipxex99.htm)</u> |
| 107\* | <u>[Calculation of Filing Fee Table](exhibit107.htm)</u> |

---

\* Filed herewith.

**SIGNATURES**

Pursuant to the requirements of the Securities Act, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Greenville, State of South Carolina, on June 6, 2025.

---

| |
|:---|
| **WORLD ACCEPTANCE CORPORATION** |
| By: /s/ R. Chad Prashad |
| R. Chad Prashad |
| President and Chief Executive Officer |

---

**POWER OF ATTORNEY**

KNOW ALL BY THESE PRESENTS, that the individuals whose signatures appear below constitute and appoint Luke J. Umstetter and John L. Calmes, Jr., and each of them, his or her true and lawful attorney-in-fact and agent with full and several power of substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including pre-effective and post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and all documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and several power of authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming that said attorney-in-fact and agent or their substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act, this registration statement and Power of Attorney have been signed by the following persons in the capacities indicated on June 6, 2025.

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;/s/ R. Chad Prashad | &nbsp;&nbsp;&nbsp;/s/ John L. Calmes, Jr. |
| R. Chad Prashad | John L. Calmes, Jr. |
| President, Chief Executive Officer and Director | Executive Vice President and Chief Financial and Strategy Officer |
| (Principal Executive Officer) | (Principal Financial Officer) |
| &nbsp;&nbsp;&nbsp;/s/ Scott McIntyre | |
| Scott McIntyre | |
| Senior Vice President of Accounting | |
| (Principal Accounting Officer) | |
| &nbsp;&nbsp;&nbsp;/s/ Ken R. Bramlett, Jr. | &nbsp;&nbsp;&nbsp;/s/ Scott J. Vassalluzzo |
| Ken R. Bramlett, Jr. | Scott J. Vassalluzzo |
| Chairman of the Board of Directors and a Director | Director |
| &nbsp;&nbsp;&nbsp;/s/ Charles D. Way | &nbsp;&nbsp;&nbsp;/s/ Darrell Whitaker |
| Charles D. Way | Darrell Whitaker |
| Director | Director |
| &nbsp;&nbsp;&nbsp;/s/ Beth Neuhoff | &nbsp;&nbsp;&nbsp;/s/ Benjamin Robinson |
| Beth Neuhoff | Benjamin Robinson |
| Director | Director |

---

## Ex-Filing

**Exhibit 107**

**CALCULATION OF FILING FEE TABLE** 

Form S-8

(Form Type)

World Acceptance Corporation

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Security<br>Type | Security<br>Class Title | Fee Calculation Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee |
| Equity | Common Stock | 457(c) and 457(h) | 370000<sup>(1)</sup> | $155.55<sup>(2)</sup> | $57553500.00<sup>(2)</sup> | $0.00015310 | $8811.44 |
| Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts |  |  |  | $8811.44 |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | n/a |  |  |  |
| Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due |  |  |  | $8811.44 |

---

---

| | |
|:---|:---|
| <sup>(1)</sup> | Amount to be registered consists of 370,000 shares of common stock of World Acceptance Corporation ("Common Stock") that may be offered or sold under the World Acceptance Corporation 2017 Stock Incentive Plan (the "Plan"). Pursuant to Rule 416 under the Securities Act, this Registration Statement also covers an indeterminate number of additional shares that may be offered or issued under the Plan as a result of stock splits, stock dividends or similar transactions. |
| <sup>(2)</sup> | Estimated solely for the purpose of determining the amount of the registration fee pursuant to Rule 457(h) and 457(c) under the Securities Act, based on the average of the high and low prices of the Common Stock as reported on Nasdaq on June 2, 2025, a date within five business days prior to the filing of this Registration Statement. |

---

## Exhibit 5.1

**Alston & Bird LLP**

755 Page Mill Road<br>Building C - Suite 200<br>Palo Alto, CA 94304-1005<br>650-838-2000

June 6, 2025

World Acceptance Corporation

104 S. Main Street

Greenville, South Carolina 29601

Ladies and Gentlemen:

**Re:&nbsp;&nbsp;&nbsp;&nbsp;Registration Statement on Form S-8 (File No. 333-220391) – World Acceptance Corporation 2017 Stock Incentive Plan**

We have acted as counsel to World Acceptance Corporation, a South Carolina corporation (the "Company"), in connection with the above-referenced Registration Statement on Form S-8 (the "Registration Statement") to be filed on the date hereof by the Company with the Securities and Exchange Commission (the "Commission") to register under the Securities Act of 1933, as amended (the "Securities Act"), 370,000 shares of the Company's common stock, no par value per share (the "Shares"), which may be issued by the Company upon the grant, exercise or settlement of awards under the World Acceptance Corporation 2017 Stock Incentive Plan (the "Plan"). We are furnishing this opinion letter pursuant to Item 8 of Form S-8 and Item 601(b)(5) of Regulation S-K under the Securities Act.

In connection with our opinion below, we have examined the Company's Second Amended and Restated Articles of Incorporation, as amended, the Company's Eighth Amended and Restated Bylaws, and records of proceedings of the Board of Directors of the Company deemed by us to be relevant to this opinion letter, the Plan and the Registration Statement. We also have made such further legal and factual examinations and investigations as we deemed necessary for purposes of expressing the opinion set forth herein. In our examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as original documents and the conformity to original documents of all documents submitted to us as certified, conformed, facsimile, electronic or photostatic copies.

As to certain factual matters relevant to this opinion letter, we have relied conclusively upon originals or copies, certified or otherwise identified to our satisfaction, of such other records, agreements, documents and instruments, including certificates or comparable documents of officers of the Company and of public officials, as we have deemed appropriate as a basis for the opinion hereinafter set forth. Except to the extent expressly set forth herein, we have made no independent investigations with regard to matters of fact, and, accordingly, we

Alston & Bird LLP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;www.alston.com

Atlanta \| Brussels \| Century City \| Charlotte \| Chicago \| Dallas \| London \| Los Angeles \| New York \| Raleigh \| San Francisco \| Silicon Valley \| Washington, D.C <br>

------

June 6, 2025

do not express any opinion as to matters that might have been disclosed by independent verification.

This opinion is limited in all respects to the laws of the State of South Carolina, and no opinion is expressed with respect to the laws of any other jurisdiction or any effect that such laws may have on the opinions expressed herein. This opinion is limited to the matters stated herein, and no opinion is implied or may be inferred beyond the matters expressly stated herein.

This opinion letter is provided for use in connection with the transactions contemplated by the Registration Statement and may not be used, circulated, quoted or otherwise relied upon for any other purpose without our express written consent. The only opinion rendered by us consists of those matters set forth in the sixth paragraph hereof, and no opinion may be implied or inferred beyond the opinion expressly stated. This opinion letter is rendered as of the date hereof and we make no undertaking and expressly disclaim any duty to supplement or update the opinion rendered herein, if, after the date hereof, facts or circumstances come to our attention or changes in the law occur which could affect such opinion. We note specifically that the Shares may be issued from time to time hereafter, and our opinion is limited to the applicable laws, including the related rules and regulations, as in effect on the date hereof.

Based on the foregoing, it is our opinion that the Shares to be issued under the Plan are duly authorized, and, when issued by the Company in accordance with the terms of the Plan, will be validly issued, fully paid and non-assessable.

We consent to the filing of this opinion letter as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

Sincerely,

/s/ Alston & Bird LLP

## Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in this Registration Statement on Form S-8 of World Acceptance Corporation of our reports dated May 22, 2025, relating to the consolidated financial statements and the effectiveness of internal control over financial reporting of World Acceptance Corporation, appearing in the Annual Report on Form 10-K of World Acceptance Corporation for the year ended March 31, 2025.

/s/ RSM US LLP

Raleigh, North Carolina

June 6, 2025

<br>