---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-013780"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2026-09-10T21:19:51+00:00"
generated_at: "2026-09-10T21:22:10.895975+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Copart to acquire ACV for $10.50/share cash, ~$1.9B equity value

## Summary
- Copart to acquire all ACV shares for $10.50 cash/share; implied equity value ~$1.9B.
- Premium ~45% to ACV's Aug 10 close and ~41% to 30-day VWAP ending Sep 9, 2026.
- Tender offer requires majority of shares; HSR waiting period; expected close by year-end 2026.
- Support agreement covers ~4.1% of ACV shares; termination fees: ACV $57.7M, Copart $115.3M.
- Deal expected neutral to Copart EPS in first full year, accretive in fiscal 2028; ACV to operate independently.

## SEC filing metadata
- accession: 0000950103-26-013780
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2026-09-10T21:19:51+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000095010326013780/0000950103-26-013780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000095010326013780/dp253207_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-013780
- JSON: https://secwatch.observer/filing/0000950103-26-013780.json
- Plain text: https://secwatch.observer/filing/0000950103-26-013780.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.