secwatch / observer

ACV Auctions Inc. — fact timeline

Source-grounded facts extracted from ACV Auctions Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ACVA ACV Auctions Inc. JSON

Timothy Fox changed role as Chief Financial Officer at ACV Auctions Inc..

“On August 10, 2026, the Company announced that it has promoted Timothy Fox, age 61, to Chief Financial Officer, effective as of August 11, 2026.”

William Zerella resigned as Chief Financial Officer at ACV Auctions Inc..

“On August 10, 2026, ACV Auctions Inc. (the "Company") announced that William Zerella informed the Company on August 6, 2026 of his intention to resign as Chief Financial Officer (“CFO”) of the Company to pursue an opportunity to serve as Chief Financial Officer of another company.”
Shareholder Votes

ACV Auctions Inc. shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2026-05-27 meeting.

“Votes For Votes Against Votes Withheld Broker Non-Votes 146,535,078 741,269 1,761,103 0”
Shareholder Votes

ACV Auctions Inc. shareholders approved Approval of Executive Compensation at the 2026-05-27 meeting.

“Votes For Votes Against Votes Withheld Broker Non-Votes 107,042,519 13,646,539 2,764,290 25,584,102”
Shareholder Votes

ACV Auctions Inc. shareholders approved Election of Class II Directors at the 2026-05-27 meeting.

“Nominee Votes For Votes Against Votes Withheld Broker Non-Votes Brian Hirsch 119,948,565 0 3,504,783 25,584,102 Eileen Kamerick 74,632,549 0 48,820,798 25,584,102”
Earnings Releases

ACV Auctions Inc. reported first quarter ended March 31, 2026 results: revenue $204 million, net income ($11) million. Guidance reaffirmed.

“with Adjusted EBITDA Exceeding Guidance Announces $100 Million Share Repurchase Authorization and $50 Million Accelerated Share Repurchase Program • First quarter revenue of $204 million • First quarter GAAP net income (loss) of ($11) million • First quarter non-GAAP net income of $7 million • First quarter Adjusted EBITDA of $17 million • Reaffirms 2026 revenue”
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).

“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.”

Andrew Peer was appointed as principal accounting officer at ACV Auctions Inc..

“On July 25, 2024, the Board of Directors (the “Board”) of ACV Auctions Inc. (the “Company”) appointed Andrew Peer the Company’s principal accounting officer.”
Earnings Releases

ACV Auctions Inc. reported first quarter ended March 31, 2024 results: revenue $146 million, net income ($20) million. Guidance reaffirmed.

“EX-99.1 (EX-99.1) --- ACV Announces First Quarter 2024 Results Delivered 22% Revenue Growth Revenue and Adjusted EBITDA at the High-End of Guidance • First quarter revenue of $146 million • First quarter GAAP net income (loss) of ($20) million • First quarter non-GAAP net income of $1 million • First quarter Adjusted EBITDA of $4 million • Expects 2024 revenue of”
Earnings Releases

ACV Auctions Inc. updated its First Quarter and Full-Year 2024 guidance (initiated).

“First Quarter of 2024: o Total revenue of $141 to $146 million, an increase of 18% to 22% year over year o GAAP net income (loss) of ($15) to ($13) million o Non-GAAP net income of $0 to $2 million o Adjusted EBITDA of $2 to $4 million • Full-Year 2024: o Total revenue of $610 to $625 million, an increase of 27% to 30% year over year o GAAP net income (loss) of ($62) to ($57) million o Non-GAAP net income of $3 to $8 million o Adjusted EBITDA of $20 to $25 million”
Earnings Releases

ACV Auctions Inc. reported financial results for the quarter and year ended December 31, 2023.

“On February 21, 2024, ACV Auctions Inc. (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.”
Earnings Releases

ACV Auctions Inc. reported the quarter ended September 30, 2023 results: revenue $119 million, net income ($18) million. Guidance raised.

“Third quarter revenue of $119 million, up 13% year over year ● Third quarter GAAP net income (loss) of ($18) million”
Earnings Releases

ACV Auctions Inc. reported second quarter ended June 30, 2023 results: revenue $124 million, net income ($16) million. Guidance raised.

“(EX-99.1) --- EX-99.1 ACV Announces Second Quarter 2023 Results Delivers Record Revenue with Adjusted EBITDA Ahead of Guidance Raises 2023 Guidance ● Second quarter revenue of $124 million, up 8% year over year ● Second quarter GAAP net income (loss) of ($16) million ● Second quarter Adjusted EBITDA of ($4) million ● Updating 2023 guidance: o Revenue of $474”
Shareholder Votes

ACV Auctions Inc. shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm (Ernst and Young LLP) at the 2023-05-30 meeting.

“Proposal 4 - Ratification of the Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst and Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows: Votes For Votes Against Votes Withheld Broker Non-Votes 407,087,402 47,391 6,338 0”
Shareholder Votes

ACV Auctions Inc. shareholders approved Approval of Frequency of Executive Compensation Votes (non-binding advisory vote on frequency of future say-on-pay votes) at the 2023-05-30 meeting.

“Proposal 3 – Approval of Frequency of Executive Compensation Votes The stockholders approved, on a non-binding, advisory basis, the frequency of one year for future non-binding, advisory votes to approve the compensation of our named executive officers. The voting results were as follows: Votes For 1 yr. Votes For 2 yr. Votes For 3 yr. Votes Withheld Broker Non-Votes 307,436,886 6,602 81,097,706 92,523 18,507,414”
Shareholder Votes

ACV Auctions Inc. shareholders approved Approval of Executive Compensation (non-binding advisory vote) at the 2023-05-30 meeting.

“Proposal 2 – Approval of Executive Compensation The stockholders approved, on a non-binding, advisory basis, the compensation of our named executive officers. The voting results were as follows: Votes For Votes Against Votes Withheld Broker Non-Votes 387,714,859 884,133 34,725 18,507,414”
Shareholder Votes

ACV Auctions Inc. shareholders approved Election of Directors Brian Hirsch and Eileen A. Kamerick as Class II directors to serve until the 2026 Annual Meeting at the 2023-05-30 meeting.

“Item 5.07 Submission of Matters to a Vote of Security Holders. On May 30, 2023, ACV Auctions Inc. (the “Company”) held its Annual Meeting of Stockholders (“Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on the four proposals set forth below. A more detailed description of each proposal is set forth in the Company’s proxy statement filed with the Securities and Exchange Commission on April 19, 2023. Proposal 1 – Election of Directors Brian Hirsch and Eileen A. Kamerick were each elected to serve as a Class II director of the Company’s Board of Directors until the 2026 Annual Meeting of Stockholders and until his or her successor is duly elected or until his or her earlier resignation or removal. The voting results were as follows: Nominee Votes For Votes Against Votes Withheld Broker Non-Votes Brian Hirsch 387,917,655 0 716,062 18,507,414 Eileen A. Kamerick 354,997,478 0 33,636,239 18,507,414”
Earnings Releases

ACV Auctions Inc. reported First Quarter and Full-Year 2023 results: revenue $460 million to $470 million. Guidance initiated.

“● Expects 2023 revenue of $460 million to $470 million, representing growth of 9% to 11% YoY; expects 2023 Adjusted EBITDA loss of $30 million to $35 million”
Earnings Releases

ACV Auctions Inc. reported the year ended December 31, 2022 results: revenue $422 million, net income $102 million.

“● Fourth quarter revenue of $98 million and full-year revenue of $422 million ● Fourth quarter GAAP net loss of $25 million and full-year GAAP net loss of $102 million”
Earnings Releases

ACV Auctions Inc. reported the quarter ended December 31, 2022 results: revenue $98 million, net income $25 million.

“● Fourth quarter revenue of $98 million and full-year revenue of $422 million ● Fourth quarter GAAP net loss of $25 million and full-year GAAP net loss of $102 million”
Earnings Releases

ACV Auctions Inc. reported third quarter ended September 30, 2022 results: revenue $105 million. Guidance lowered.

“Exhibit 99.1 ACV Announces Third Quarter 2022 Results Gains Market Share, Delivers Solid Revenue Growth and Margin Improvement Updates 2022 Guidance ● Third quarter revenue of $105 million, up 15% YoY ● Third quarter GAAP net loss of $24 million ● Third quarter Adjusted EBITDA loss of $12 million; Adjusted EBITDA margin expansion of ~200 basis points from third”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.