---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-259446"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2021-08-27T23:59:59+00:00"
generated_at: "2026-06-29T07:19:56.666244+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ACV Auctions enters $160M revolving credit facility with JPMorgan Chase

## Summary
- $160M revolving credit facility maturing in five years; $20M letter of credit subfacility.
- Interest rate at LIBOR + 2.75% or Alternate Base Rate + 1.75%; commitment fee on undrawn portion.
- Financial covenants: minimum liquidity and trailing four-quarter revenue targets.
- Debt secured by substantially all assets of the company and its material domestic subsidiaries.

## SEC filing metadata
- accession: 0001193125-21-259446
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2021-08-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000119312521259446/0001193125-21-259446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000119312521259446/d202726d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-259446
- JSON: https://secwatch.observer/filing/0001193125-21-259446.json
- Plain text: https://secwatch.observer/filing/0001193125-21-259446.txt

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