Open Lending Corp. (LPRO)
NASDAQFinancialsFinancial - Credit ServicesSnapshot 2026-09-04
NASDAQFinancialsFinancial - Credit ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · LPRO
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Director — Jessica Buss, Abhijit Chaudhary, Eric A. Feldstein, Thomas K. Hegge, Blair J. Greenberg, Todd C. Hart: Multiple directors ceased serving in connection with a Merger.
As a result of the Merger, each Share that was issued and outstanding immediately prior to the Effective Time (except as described in
Termination of a Material Definitive Agreement. Termination of Credit Agreement In connection with the consummation of the Merger, on July 30, 2026, the Company terminated its Credit Agreement, dated as of March 19, 2021 (as amended from time to time, the “Credit Agreement”), by and among the Company, Wells Fargo Bank, N.A., as administrative agent, and the financial institutions party thereto as lenders. In connection with the termination of the Credit Agreement, the Company will repay in fu…
Pursuant to the Merger Agreement, at the Effective Time, each Share that was issued and outstanding immediately prior to the Effective Time (other than Shares owned by Parent, Merger Sub or the Company, or by any of their respective direct or indirect wholly-owned subsidiaries, and Shares held by stockholders of the Company who are entitled to demand and who have properly and validly demanded their statutory rights of appraisal in compliance with Section 262 of the DGCL) was converted into th…
On the Closing Date, the Company notified The Nasdaq Stock Market LLC (“Nasdaq”) of the consummation of the Merger and of its intent to remove the Shares from listing on The Nasdaq Global Market and requested that Nasdaq (i) suspend trading of the Shares on The Nasdaq Global Market at the close of business on the Closing Date and (ii) file a Notification of Removal from Listing and/or Registration on Form 25 with the SEC to delist and deregister the Shares under Section 12(b) of the Securitie…
At the Effective Time, a change in control of the Company occurred, and the Company became an indirect wholly-owned subsidiary of Parent. On the Closing Date, Merger Sub paid the Per Share Merger Consideration, without interest and less any applicable tax withholding, for each Share outstanding immediately prior to the Effective Time (except as described in
and in the accompanying Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. Additional Information and Where to Find It The Offer has not yet commenced. This Current…
Entry into a Material Definitive Agreement. Agreement and Plan of Merger On June 15, 2026, Open Lending Corporation, a Delaware corporation (the “Company” or “Open Lending”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with ANV Group Holdings Ltd. a private limited company incorporated under the laws of England and Wales (“Parent”), and Lakers Acquisition Sub, Inc., a Delaware corporation and indirect wholly owned subsidiary of Parent (“Merger Sub”). Pursuant to the…
director — William Dabbs Cavin: Mr. Cavin resigned his position as a director of the Company.
and in the accompanying Exhibits 99.1 and 99.2 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. I tem 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Earnings Release…
and in the accompanying Exhibits 99.1 and 99.2 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. I tem 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Earnings Release…
Director — Charles D. Jehl: Mr. Jehl does not intend to stand for re-election as a Class III director.
Entry into a Material Definitive Agreement. On March 6, 2026, Open Lending Corporation (the “Company”) entered into a Cooperation Agreement (the “Cooperation Agreement”) with Palogic Value Management, L.P. (“PVM”), Palogic Value Fund, L.P. (“PVF”) and Palogic Capital Management, LLC (“PCM”), in each case, on behalf of themselves, their affiliates and their affiliated funds (such affiliates and funds, together with PVM, PVF and PCM, collectively, “Palogic”). Pursuant to the Cooperation Agreeme…
Chief Revenue Officer — Matthew R. Roe: Mr. Roe's employment was terminated by the Company.
Director — Gene Yoon: Gene Yoon resigned as a director, and Abhijit Chaudhary was appointed to fill the vacancy.
and in the accompanying Exhibits 99.1 and 99.2 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. I tem 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Earnings Release…
Chief Legal and Compliance Officer and Corporate Secretary — Matthew Stark: Matthew Stark resigned as Chief Legal and Compliance Officer and Corporate Secretary, succeeded by Ben Massey.
Director — Adam H. Clammer: Mr. Clammer resigned his position as a director, and Todd C. Hart was appointed to fill the vacancy.
and in the accompanying Exhibits 99.1 and 99.2 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. I tem 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Earnings Release…
Chief Revenue Officer — Matthew R. Roe: The company terminated the employment of Matthew R. Roe, Chief Revenue Officer.
Results of Operations and Financial Condition Second Quarter 2025 Outlook Open Lending Corporation (the “Company”) remains on track to achieve its guidance for certified loans for the second quarter of 2025, and the Company will provide additional detail on its financial and operational results when it reports its results for the quarter ended June 30, 2025 on August 6, 2025. The information furnished under this
Chief Financial Officer — Massimo Monaco: The company hired a new Chief Financial Officer from an external candidate.
interim Chief Financial Officer — Charles Jehl: Mr. Charles Jehl's position as interim Chief Financial Officer terminated, but he will continue to serve as a non-employee director.
and in the accompanying Exhibits 99.1 and 99.2 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. I tem 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Earnings Release…
Vice President of Strategic Initiatives — Sarah Lackey: Ms. Lackey's role was redefined, and she remains with the company in a new position.
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