---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-24-000067"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:22:57.514846+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "medium"
source: SEC EDGAR
---

# OPENLANE extends two receivables purchase facilities termination to Jan 2028

## Summary
- AFC subsidiary amended to extend facility termination from Jan 2026 to Jan 2028.
- AFCI subsidiary amended to extend facility termination from Jan 2026 to Jan 2028.
- Exclusion of a salvage dealer from total salvage concentration limit in AFC amendment.

## SEC filing metadata
- accession: 0001395942-24-000067
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: medium
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000067/0001395942-24-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000067/kar-20240927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-24-000067
- JSON: https://secwatch.observer/filing/0001395942-24-000067.json
- Plain text: https://secwatch.observer/filing/0001395942-24-000067.txt

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