---
schema_version: "secwatch.filing_event.v1"
accession: "0001637873-25-000025"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2025-12-18T23:59:59+00:00"
generated_at: "2026-05-16T12:44:57.613571+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ACV Auctions ups revolving credit facility to $200M, extends maturity to Dec 2027

## Summary
- ACV Capital Funding II LLC's credit facility increased from $125M to $200M.
- Scheduled Commitment Termination Date extended from June 20, 2026 to December 10, 2027.
- Applicable Margin on loans reduced by 0.25% under the amended credit agreement.
- Certain definitions for Concentration Limits, Eligible Dealers, and Eligible Vehicles modified.

## SEC filing metadata
- accession: 0001637873-25-000025
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2025-12-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000163787325000025/0001637873-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000163787325000025/acva-20251212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637873-25-000025
- JSON: https://secwatch.observer/filing/0001637873-25-000025.json
- Plain text: https://secwatch.observer/filing/0001637873-25-000025.txt

## Key facts
- Material Agreements
  ACV Auctions Inc. amended First Amendment to Revolving Credit and Security Agreement with Citibank, N.A. valued at Commitment amount increased from $125.0 million to $200.0 million; maturity extended from June 20, 2 (effective 2025-12-12).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Value: Commitment amount increased from $125.0 million to $200.0 million; maturity extended from June 20, 2
  - Effective: 2025-12-12
  source text: On December 12, 2025, the Company and ACV Capital Funding II LLC (“ACV Capital II”) entered into the First amendment (the “Amendment”) to the Revolving Credit and Security Agreement, dated as of June 20, 2024 (as amended, the “Credit Agreement”), among ACV Capital II, as borrower, the funding agents party thereto, the committed lenders party thereto, the conduit lenders party thereto and Citibank, N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637873/000163787325000025/0001637873-25-000025-index.htm

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