---
schema_version: "secwatch.filing_event.v1"
accession: "0001637873-25-000005"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T09:59:55.493900+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ACV Auctions expands credit facility to $250M, extends maturity to 2030

## Summary
- Revolving credit facility increased from $160M to $250M; maturity extended from Aug 2026 to June 26, 2030.
- SOFR margin set at 2.750% pre-covenant-conversion and 2.500% post-conversion; ABR margin at 1.750% and 1.500% respectively.
- New maximum Total Net Leverage Ratio of 4.0x initially, stepping to 3.5x after Q2 2027; minimum revenue and liquidity covenants then drop.
- Indiana Auto Auction LLC and ACV Capital LLC added as guarantors, securing debt with substantially all assets.

## SEC filing metadata
- accession: 0001637873-25-000005
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000163787325000005/0001637873-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000163787325000005/acva-20250626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637873-25-000005
- JSON: https://secwatch.observer/filing/0001637873-25-000005.json
- Plain text: https://secwatch.observer/filing/0001637873-25-000005.txt

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