OPENLANE, Inc. (OPLN)
NYSEIndustrialsAuto - DealershipsSnapshot 2026-09-04
NYSEIndustrialsAuto - DealershipsSnapshot 2026-09-04
QuarterlyIQ Insights · OPLN
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Other Events. On August 11, 2026, Ignition Acquisition Holdings LP (the “Selling Stockholder”), a fund advised by Apax Partners, L.P., launched and priced its registered public secondary offering (the “Offering”) of 8,000,000 shares of common stock, par value $0.01 per share (the “Common Stock”), of OPENLANE, Inc. (the “Company”). The closing of the Offering with respect to the 8,000,000 shares occurred on August 13, 2026, with gross proceeds to the Selling Stockholder of approximately $274.9…
Results of Operations and Financial Condition. On August 4, 2026, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three and six months ended June 30, 2026. OPENLANE will host an earnings conference call and webcast, Tuesday, August 4, 2026 at 8:30 a.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor relations secti…
Director — David Hult: David Hult was elected as a new director of the company.
Results of Operations and Financial Condition. On May 5, 2026, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2026. OPENLANE will host an earnings conference call and webcast, Tuesday, May 5, 2026 at 8:30 a.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor relations section of corpora…
Regulation FD Disclosure. On March 3, 2026, as previously announced, OPENLANE, Inc. (the “Company”) will be holding an investor day event beginning at 8:30 a.m. Eastern Time. A copy of the presentation slides to be used during the event are attached as Exhibit 99.1 and are incorporated herein by reference. Forward-Looking Statements Certain statements contained in this report include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In pa…
Results of Operations and Financial Condition. On February 18, 2026, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three months and year ended December 31, 2025. OPENLANE will host an earnings conference call and webcast, Wednesday, February 18, 2026 at 8:30 a.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor re…
Director — Sanjeev Mehra: Mr. Mehra resigned from the Board of Directors without any disagreement with the Company.
Entry Into a Material Definitive Agreement. On November 18, 2025, Automotive Finance Canada Inc. (“AFCI”), a subsidiary of OPENLANE, Inc. (the “Company”), and the Company entered into an Amendment No. 3 (the “Amendment No. 3”) to the Receivables Purchase Agreement dated March 1, 2023, as amended, with Computershare Trust Company of Canada, as trustee of AFCI Funding Trust, BMO Nesbitt Burns, Inc., as financial services agent and as agent for the Bank of Montreal lender group, and Royal Bank o…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Results of Operations and Financial Condition. On November 5, 2025, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2025. OPENLANE will host an earnings conference call and webcast, Wednesday, November 5, 2025 at 8:30 a.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor rel…
Entry into a Material Definitive Agreement . On October 8, 2025, OPENLANE, Inc. (the “ Company ”), a Delaware corporation, entered into a Second Amendment Agreement (the “ Second Amendment ”) to the Credit Agreement, dated as of June 23, 2023 (as amended by the First Amendment Agreement, dated as of January 19, 2024, and as further amended by the Second Amendment, the “ Credit Agreement ”), among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (th…
Other Events . On October 8, 2025, the Company closed the transactions contemplated by the previously disclosed (i) Preferred Stock Repurchase Agreement, dated as of September 9, 2025, between the Company and Ignition Acquisition Holdings LP (“ Apax ”), a Delaware limited partnership and affiliate of funds managed, advised or controlled by Apax Partners LLP, pursuant to which the Company agreed to repurchase from Apax 288,322 shares of the Company’s Series A Convertible Preferred Stock, par v…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant . The information required by
Other Events. On September 9, 2025, the Company issued a press release announcing the execution of the Repurchase Agreements. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Entry into a Material Definitive Agreement. On September 9, 2025, OPENLANE, Inc. (the “Company”), a Delaware corporation, entered into a Preferred Stock Repurchase Agreement (the “Apax Repurchase Agreement”) with Ignition Acquisition Holdings LP (“Apax”), a Delaware limited partnership and affiliate of funds managed, advised or controlled by Apax Partners US, LLC, pursuant to which the Company agreed to repurchase from Apax 288,322 shares of the Company’s Series A Convertible Preferred Stock,…
Results of Operations and Financial Condition. On August 6, 2025, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three and six months ended June 30, 2025. OPENLANE will host an earnings conference call and webcast, Wednesday, August 6, 2025 at 8:30 a.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor relations sec…
Entry Into a Material Definitive Agreement. On May 23, 2025, Automotive Finance Canada Inc. (“AFCI”), a subsidiary of OPENLANE, Inc. (the “Company”), and the Company entered into an Amendment No. 2 (the “Amendment No. 2”) to the Receivables Purchase Agreement dated March 1, 2023, as amended, with Computershare Trust Company of Canada, as trustee of AFCI Funding Trust, BMO Nesbitt Burns, Inc., as financial services agent and as agent for the Bank of Montreal lender group, and Royal Bank of Can…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Results of Operations and Financial Condition. On May 7, 2025, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2025. OPENLANE will host an earnings conference call and webcast, Wednesday, May 7, 2025 at 5:00 p.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor relations section of corpo…
CFO — Bradley Herring: The filing discloses the appointment of an external candidate as the new Executive Vice President and Chief Financial Officer, which is a significant management change but not a departure of a sitting executive.
Results of Operations and Financial Condition. On February 19, 2025, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three months and year ended December 31, 2024. OPENLANE will host an earnings conference call and webcast, Wednesday, February 19, 2025 at 5:00 p.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor re…
Regulation FD Disclosure. On November 19, 2024, as previously announced, OPENLANE, Inc. (the "Company") will be holding a virtual investor update webcast beginning at 10:00 a.m. Eastern Time. A copy of the presentation slides to be used during the webcast are attached as Exhibit 99.1 and are incorporated herein by reference. Forward-Looking Statements Certain statements contained in this report include "forward-looking statements" within the meaning of the Private Securities Litigation Reform…
CFO — Brad S. Lakhia: The CFO is resigning to pursue another opportunity, representing the loss of a key senior executive without an immediate named successor.
Results of Operations and Financial Condition. On November 6, 2024, OPENLANE, Inc. (“OPENLANE” or the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2024. OPENLANE will host an earnings conference call and webcast, Wednesday, November 6, 2024 at 5:00 p.m., Eastern Time. The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call, and the live webcast may be accessed at the investor rel…
Entry Into a Material Definitive Agreement . On September 27, 2024, Automotive Finance Corporation (“AFC”), a subsidiary of OPENLANE, Inc. (the “Company”), and AFC Funding Corporation (“AFC Funding”), a wholly owned, bankruptcy remote, consolidated, special purpose subsidiary of AFC, entered into a First Amendment and Joinder (the “First Amendment”) to the Tenth Amended and Restated Receivables Purchase Agreement dated September 28, 2022, with Fairway Finance Company, LLC, Fifth Third Bank, N…
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