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( Mark One ) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ☑ ☐ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31 , 2021 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM Commission File Number 0-26680 ΤΟ NICHOLAS FINANCIAL , INC . ( Exact name of Registrant as specified in its Charter ) British Columbia , Canada ( State or other jurisdiction of incorporation or organization ) 2454 McMullen Booth Road , Building C Clearwater , FL ( Address of principal executive offices ) 59-2506879 ( I.R.S. Employer Identification No. ) 33759 ( Zip Code ) Registrant's telephone number , including area code : ( 727 ) 726-0763 Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class Common shares , no par value Securities registered pursuant to Section 12 ( g ) of the Act : None Trading Symbol ( s ) NICK Name of each exchange on which registered NASDAQ Global Select Market Indicate by check mark if the Registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . YES NO Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Act . YES NO Indicate by check mark whether the Registrant : ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the Registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . YES NO □ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( $ 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the Registrant was required to submit such files ) . YES > NO □ Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , 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 . Large accelerated filer Non - accelerated filer Emerging growth company ☐ 冈 ☐ Accelerated filer Smaller reporting company ☐ ☑ If an emerging growth company , indicate by check mark if the 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 . Indicate by check mark whether the Registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the Registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . YES NO The aggregate market value of the voting and non - voting common equity held by non - affiliates of the Registrant , based on the closing price of the shares of common stock on The NASDAQ Stock Market on September 30 , 2020 , was approximately $ 36.3 million . The number of shares of Registrant's Common Stock outstanding as of June 19 , 2021 was approximately 12.6 million shares , no par value ( of which approximately 4.9 million shares were held by the Registrant's principal operating subsidiary and pursuant to applicable law , not entitled to vote and approximately 7.7 million shares were entitled to vote ) . DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant's definitive Proxy Statement and Information Circular for the 2021 Annual General Meeting of Shareholders are incorporated by reference in Part III , Items 10 through 14 , of this Annual Report on Form 10 - K .