secwatch.observer — SEC 8-K summary
======================================

Issuer:     Open Lending Corp (LPRO)
CIK:        0001806201
Form:       8-K
Filed at:   2026-07-30T13:13:51+00:00
Accession:  0001193125-26-325062
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Open Lending acquired by ANV Group Holdings for $3.15/share; stock to be delisted
--------------------------------------------------------------------------------

- Tender offer accepted 101,256,899 shares (85.57% outstanding) at $3.15 cash per share.
- Merger completed July 30, 2026; Open Lending now an indirect wholly-owned subsidiary of ANV Group Holdings.
- Shares to be delisted from Nasdaq; company will file Form 15 to suspend SEC reporting obligations.
- Financing for the acquisition consisted of $100M equity and $250M debt commitments.
- Credit agreement with Wells Fargo terminated and all outstanding obligations repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1806201/000119312526325062/0001193125-26-325062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1806201/000119312526325062/d154380d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-325062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer