Park Capital Management Depositor LLC

04/03/2026 | Press release | Distributed by Public on 04/03/2026 13:55

Amendment to Asset-Backed Securitizer Report (Form ABS-15G/A)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM ABS-15G/A

ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934

PARK CAPITAL MANAGEMENT DEPOSITOR LLC

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

___
Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period _________________ to _________________

Date of Report (Date of filing) __________________

Commission File Number of securitizer: __________________

Central Index Key Number of securitizer:__________________

Name and telephone number, including area code, of the person
to contact in connection with this filing.

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(l) [ ]

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [ ]

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [ ]

X Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: 0001877944

PRKCM 2026-AFC2 Trust

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity (if applicable): Not applicable

Central Index Key Number of underwriter (if applicable): Not applicable

Charles J. Siegel, Chief Financial Officer, 714-831-3301

Name and telephone number, including area code, of the person
to contact in connection with this filing.

EXPLANATORY NOTE

This Form ABS-15G/A amends the Form ABS-15G filed on March 25, 2026 (SEC Accession Number: 0001539497-26-000997) (the "Original Form ABS-15G") to file (i) as Exhibit 99.1 hereto the Clayton Narrative, which supersedes Exhibit 99.1 to the Original Form ABS-15G, and (ii) as Exhibit 99.6 hereto the Clayton Conditions Report, which supersedes Exhibit 99.6 to the Original Form ABS-15G, in order to correct the Final Overall and Credit Grades for two (2) Mortgage Loans. For the avoidance of doubt, reference should additionally be made to Exhibits 99.2 - 99.5 and 99.7 - 99.20 to the Original Form ABS-15G, which are not superseded by this Form ABS-15G/A, in connection with the disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2).

FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS

Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuing Entity

The disclosures required by Rule 15Ga-2 (17 CFR 240.15Ga-2) are attached as an Exhibit to this Form ABS-15G/A. Please see the Exhibit Index for the related information.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PARK CAPITAL MANAGEMENT
DEPOSITOR LLC
By: /s/ Charles J. Siegel
Name: Charles J. Siegel
Title: COO
Date: April 3, 2026

EXHIBIT INDEX

Exhibit Number

99.1 - Clayton Narrative

99.6 - Clayton Conditions Report

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