ACV Auctions, Inc. (ACVA)
NYSEConsumer DiscretionaryAuto - DealershipsSnapshot 2026-11-04
NYSEConsumer DiscretionaryAuto - DealershipsSnapshot 2026-11-04
QuarterlyIQ Insights · ACVA
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
As a result of the consummation of the Offer, a change in control of ACV occurred. At the Effective Time, ACV became a wholly owned subsidiary of Parent. The aggregate consideration paid by Parent and Merger Sub in connection with the acquisition of control of ACV was approximately $1,801,021,081.00, which Parent funded from cash on hand and available cash resources. Neither the Offer nor the Merger was subject to any financing condition.
In connection with the consummation of the Transactions, ACV notified The New York Stock Exchange (the “ NYSE ”) of the consummation of the Merger and requested that the NYSE suspend trading of the shares of ACV Stock and file with the SEC a Form 25 Notification of Removal from Listing and/or Registration to delist and deregister the shares of ACV Stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”). ACV also intends to file with the SEC a Certif…
Director: The filing describes a complete board turnover resulting from a merger transaction, where all prior directors ceased to be directors and were replaced by the acquirer's directors, rather than a routine election or individual executive departure.
Completion of Acquisition or Disposition of Assets. Pursuant to the Merger Agreement, and upon the terms and subject to the conditions described therein and in the Offer to Purchase, dated September 17, 2026, and the related Letter of Transmittal, on September 17, 2026, Merger Sub commenced a tender offer (the “ Offer ”) to purchase all of ACV’s outstanding shares of common stock, par value $0.001 per share (“ ACV Stock ”), at a price per share of ACV Stock of $10.50 per share, net to the sel…
Material Modification to Rights of Security Holders. The information set forth in the Introductory Note, Item 2.01,
Entry into a Material Definitive Agreement. Agreement and Plan of Merger On September 10, 2026, ACV Auctions Inc., a Delaware corporation ( “ ACV ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Copart, Inc., a Delaware corporation (“ Parent ”), and Apple Merger Sub, Inc., a Delaware corporation (“ Merger Sub ”) and a wholly owned subsidiary of Parent. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Merger Agr…
CFO — Timothy Fox: The filing primarily announces the internal promotion of Timothy Fox to CFO to succeed the departing CFO, representing an orderly succession rather than a sudden loss of leadership.
Results of Operations and Financial Condition. On August 10, 2026, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,…
Results of Operations and Financial Condition. On May 6, 2026, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as…
Results of Operations and Financial Condition. On February 23, 2026, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchan…
and not otherwise defined herein have the meanings assigned to them in the Amendment or the Credit Agreement, as applicable. The Amendment modifies the Credit Agreement (i) to increase the committed amount of ACV Capital II’s revolving credit facility thereunder from $125.0 million to $200.0 million, (ii) to extend the Scheduled Commitment Termination Date thereof from June 20, 2026 to December 10, 2027, and (iii) to make certain changes to the definitions of Concentration Limits, Eligible De…
Results of Operations and Financial Condition. On November 5, 2025, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of…
Results of Operations and Financial Condition. On August 11, 2025, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,…
and not otherwise defined herein have the meanings assigned to them in the Amendment or the Credit Agreement, as applicable. The Amendment modifies the Credit Agreement (i) to increase the committed amount of the Company’s revolving credit facility thereunder from $160 million to $250 million, (ii) to extend the maturity date thereof from August 24, 2026 to June 26, 2030, (iii) to modify the Company’s minimum Total Revenue financial covenant to take into account such maturity date extension,…
Results of Operations and Financial Condition. On May 7, 2025, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as…
Results of Operations and Financial Condition. On February 19, 2025, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchan…
Results of Operations and Financial Condition. On November 7, 2024, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of…
Results of Operations and Financial Condition. On August 7, 2024, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,…
principal accounting officer — Andrew Peer: Mr. Andrew Peer was internally promoted to principal accounting officer.
Entry into a Material Definitive Agreement. Warehouse Facility On June 20, 2024, ACV Capital Funding II LLC (“ACV Funding”) entered into a $125.0 million revolving credit and security agreement (the “Warehouse Credit Agreement) with Citibank, N.A., as administrative agent (the “Administrative Agent”), and the funding agents and lenders party thereto, which provides for a revolving warehouse facility backed by auto floorplan loans originated by ACV Capital LLC (“ACV Capital”). ACV Funding is a…
The filing describes the grant of long-term incentive awards to executive officers, which is a routine compensation matter.
Results of Operations and Financial Condition. On May 8, 2024, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as…
Results of Operations and Financial Condition. On February 21, 2024, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchan…
Results of Operations and Financial Condition. On November 6, 2023, ACV Auctions, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act o…
Results of Operations and Financial Condition. On August 7, 2023, ACV Auctions, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,…
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