---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-030155"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2024-06-26T23:59:59+00:00"
generated_at: "2026-06-01T01:34:05.887659+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ACV Auctions enters $125M warehouse facility and amends JPMorgan credit line

## Summary
- $125M revolving warehouse facility via subsidiary ACV Capital Funding II, backed by auto floorplan loans.
- Facility arranged with Citibank as administrative agent; revolving period ends June 20, 2026.
- Advances bear interest at Term SOFR plus 0.11448% and a 3.00% margin, or Alternate Base Rate.
- Amendment to existing JPMorgan credit agreement permits the warehouse facility and adds 10 subsidiary guarantors.
- ACV Auctions provides limited indemnity and performance guaranty for the warehouse facility.

## SEC filing metadata
- accession: 0001628280-24-030155
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2024-06-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000162828024030155/0001628280-24-030155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000162828024030155/acva-20240620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-030155
- JSON: https://secwatch.observer/filing/0001628280-24-030155.json
- Plain text: https://secwatch.observer/filing/0001628280-24-030155.txt

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