** Consumer debt collector Jefferson Capital's JCAP.O shares up 2.2% to $21.10 before the bell after $205 mln secondary offering priced

** Minneapolis, Minnesota-based firm late Weds announced c ertain holders offloaded 10 mln shares at $20.50 vs last sale of $20.64

** JCAP to repurchase 3 mln of offering shares from the underwriters

** Among the sellers, private equity backer J.C. Flowers sold ~9.6 mln shares of total ~64.6 mln shares outstanding, while CEO David Burton parted ways with 335,000 shares, per the offering prospectus

** Jefferies and KBW are joint-lead book-running managers for the offering

** JCAP shares on Mon rose 4% to $23.02, notching highest close since co's Jun 2025 IPO priced at $15

** All 5 analysts are bullish on the stock; median PT $26.50, per LSEG data

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))