Open Lending Corp entered into Agreement and Plan of Merger with ANV Group Holdings Ltd. and Lakers Acquisition Sub, Inc. valued at $3.15 per Share (effective 2026-06-15).
“On June 15, 2026, Open Lending Corporation, a Delaware corporation (the “Company” or “Open Lending”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with ANV Group Holdings Ltd. a private limited company incorporated under the laws of England and Wales (“Parent”), and Lakers Acquisition Sub, Inc., a Delaware corporation and indirect wholly owned subsidiary of Parent (“Merger Sub”).”
William Dabbs Cavin resigned as director at Open Lending Corp.
“On June 8, 2026, William Dabbs Cavin resigned his position as a director of Open Lending Corporation (the “Company”), effective immediately.”
Shareholder Votes
Open Lending Corp shareholders approved Reverse Stock Split Proposal - Amendment to Certificate of Incorporation to effect a reverse stock split at a ratio in the range from 1-for-5 to 1-for-7 at the 2026-06-03 meeting.
“Proposal 5 - Reverse Stock Split Proposal The stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s shares of common stock at a ratio in the range from 1-for-5 to 1-for-7, and a proportionate decrease to the number of authorized shares of the Company’s common stock, with the exact ratio to be set within such range at the discretion of the Company’s board of directors without further action by the Company’s stockholders.”
Shareholder Votes
Open Lending Corp shareholders approved Stockholder Proposal Regarding the Declassification of the Company’s Board of Directors at the 2026-06-03 meeting.
“Proposal 4 - Stockholder Proposal Regarding the Declassification of the Company’s Board of Directors The stockholders approved the stockholder proposal regarding the declassification of the Company’s board of directors.”
Shareholder Votes
Open Lending Corp shareholders approved Nonbinding Advisory Vote Approving the Compensation of the Company’s Named Executive Officers at the 2026-06-03 meeting.
“Proposal 3 - Nonbinding Advisory Vote Approving the Compensation of the Company’s Named Executive Officers The stockholders approved the compensation of the Company’s named executive officers.”
Shareholder Votes
Open Lending Corp shareholders approved Ratification of the Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm at the 2026-06-03 meeting.
“Proposal 2 - Ratification of the Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
Open Lending Corp shareholders approved Election of Two Class III Director Nominees at the 2026-06-03 meeting.
“Proposal 1 - Election of Two Class III Director Nominees The stockholders elected each of the two persons named below to serve as Class III members of the Company’s board of directors, to serve until the Company’s 2029 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified.”
Earnings Releases
Open Lending Corp reported first quarter ended March 31, 2026 results: revenue $20.5 million, net income $0.5 million.
“• The Company facilitated 21,064 certified loans during the first quarter of 2026, compared to 27,638 certified loans in the first quarter of 2025. • Total revenue was $20.5 million during the first quarter of 2026, compared to $24.4 million in the first quarter of 2025. The first quarter of 2026 was impacted by a $0.7 million reduction in estimated profit”
Earnings Releases
Open Lending Corp reported Year ended December 31, 2025 results: revenue Total revenue was $93.2 million during the year ended December 31, 2025, net income Net loss was $4.2 million during the year ended December 31, 2025.
“Total revenue was $93.2 million during the year ended December 31, 2025, compared to $24.0 million in the prior year . The year ended December 31, 2025 was impact ed by an increase of $0.4 million in estimated profit share revenues related to business in historic vintages as compared to a reduction of $96.1 million in the prior year .”
Earnings Releases
Open Lending Corp reported Quarter ended December 31, 2025 results: revenue Total revenue was $19.3 million during the fourth quarter of 2025, net income Net income was $1.7 million during the fourth quarter of 2025.
“Total revenue was $19.3 million during the fourth quarter of 2025, compared to $(56.9) million in the fourth quarter of 2024. The fourth quarter of 2025 was impacted by an insignificant change in estimated profit share revenues related to business in historic vintages as compared to a reduction of $81.3 million in the fourth quarter of 2024.”
Earnings Releases
Open Lending Corp reported fiscal quarter and year ended December 31, 2025 results: revenue Total revenue was $19.3 million during the fourth quarter of 2025, net income Net income was $1.7 million during the fourth quarter of 2025.
“On March 12, 2026, Open Lending Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2025.”
Sarah Lackey changed role as Vice President of Strategic Initiatives at Open Lending Corp.
“On April 22, 2025, Open Lending Corporation (the "Company") reassigned the duties and responsibilities of Sarah Lackey, the Company's Chief Technology Officer and a named executive officer, to other personnel within the Company.”
Michelle Glasl was appointed as Chief Operating Officer at Open Lending Corp.
“the Board also appointed Michelle Glasl as the Chief Operating Officer of the Company, effective immediately.”
Jessica Buss was appointed as Chief Executive Officer at Open Lending Corp.
“the Board has appointed Jessica Buss as the Chief Executive Officer of the Company, effective immediately.”
John J. Flynn retired as member of the Board of Directors at Open Lending Corp.
“On January 21, 2025, Open Lending Corporation (the “Company”) announced that John J. Flynn retired from his position as a member of the Board of Directors (the “Board”) of the Company, effective as of January 16, 2025.”
Charles D. Jehl was elected as Director at Open Lending Corp.
“elected Mr. Jehl as a member of the Board”
Charles D. Jehl was appointed as Chief Executive Officer at Open Lending Corp.
“the Board of Directors (the “Board”) of Open Lending Corporation (the “Company”) announced that it has appointed Charles D. Jehl as the Chief Executive Officer of the Company on a permanent, non-interim basis and elected Mr. Jehl as a member of the Board, each effective as of the same date.”
Thinh Nguyen was terminated as Chief Information Officer at Open Lending Corp.
“On May 2, 2024, Open Lending Corporation (the “Company”) terminated the employment of Thinh Nguyen, Chief Information Officer of the Company, without cause, effective as of May 2, 2024”
Earnings Releases
Open Lending Corp reported fiscal quarter ended March 31, 2024 results: revenue $30.7 million, net income $5.1 million.
“• The Company facilitated 28,189 certified loans during the first quarter of 2024, compared to 32,408 certified loans in the first quarter of 2023. • Total revenue was $30.7 million during the first quarter of 2024, compared to $38.4 million in the first quarter of 2023. The first quarter of 2024 was negatively impacted by a $1.1 million reduction in”
Charles D. Jehl was appointed as Interim Chief Executive Officer and Chief Operating Officer at Open Lending Corp.
“The Board has appointed Charles D. Jehl to serve as the Interim Chief Executive Officer of the Company and the Chief Operating Officer of the Company, in addition to serving as Chief Financial Officer and Treasurer of the Company, effective as of March 22, 2024.”
Keith A. Jezek resigned as Chief Executive Officer at Open Lending Corp.
“On March 22, 2024, Keith A. Jezek, the Chief Executive Officer of Open Lending Corporation (the “Company”), terminated employment with the Company and resigned from the Board of Directors of the Company (the “Board”), effective as of March 22, 2024.”
Earnings Releases
Open Lending Corp reported financial results for the fiscal quarter and year ended December 31, 2023.
“On February 27, 2024, Open Lending Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023.”
Earnings Releases
Open Lending Corp reported financial results for third quarter of 2023.
“Total revenue was $26.0 million during the third quarter of 2023, compared to $50.7 million in the third quarter of 2022.”
Earnings Releases
Open Lending Corp reported fiscal quarter ended June 30, 2023 results: revenue 38.2 million, net income 11.4 million.
“Total revenue was $38.2 million during the second quarter of 2023, compared to $52.0 million in the second quarter of 2022”
Jessica Snyder was appointed as Chairman at Open Lending Corp.
“and Jessica Snyder was appointed Chairman of the Board.”
John J. Flynn changed role as Chairman at Open Lending Corp.
“On July 27, 2023, John J. Flynn stepped down from his position as Chairman of the Board”
Thomas K. Hegge was appointed as director at Open Lending Corp.
“Effective July 14, 2023, the Board approved the appointment of Thomas K. Hegge to serve as a director to fill the vacancy created by the resignation of Mr. Heldfond.”
William Heldfond resigned as director at Open Lending Corp.
“On July 14, 2023, William Heldfond resigned his position as a director of Open Lending Corporation (the “Company”) following his resignation from True Wind Capital.”
Shareholder Votes
Open Lending Corp shareholders approved Nonbinding Advisory Vote on the Compensation of our Named Executive Officers at the 2023-05-24 meeting.
“Proposal 3 - Nonbinding Advisory Vote on the Compensation of our Named Executive Officers The stockholders voted “for” the approval of the compensation of our named executive officers. The results of such vote were as follows: For Against Abstain Broker Non-Vote 79,240,614 11,931,447 3,296,935 15,970,831”
Shareholder Votes
Open Lending Corp shareholders approved Ratification of Selection of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm at the 2023-05-24 meeting.
“Proposal 2 - Ratification of Selection of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm The stockholders ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of such vote were as follows: For Against Abstain Broker Non-Vote 107,225,219 616,648 2,597,960 0”
Shareholder Votes
Open Lending Corp shareholders approved Election of the Three Class III Director Nominees at the 2023-05-24 meeting.
“Proposal 1 - Election of the Three Class III Director Nominees The stockholders elected each of the three persons named below to serve as Class III members of the Company’s board of directors, to serve until the Company’s 2026 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified. The results of such vote were as follows: Name For Withhold Broker Non-Vote John J. Flynn 88,140,276 6,328,720 15,970,831 Keith A. Jezek 89,200,976 5,268,020 15,970,831 Jessica Snyder 71,323,166 23,145,830 15,970,831”
Earnings Releases
Open Lending Corp reported the fiscal quarter ended March 31, 2023 results: revenue $38.4 million, net income $12.5 million.
“financial results for its first quarter of 2023. “First quarter results were ahead of our expectations and included the certification of 32,408 loans and total revenue of $38.4 million. We also reported net income of $12.5 million and Adjusted EBITDA of $21.2 million, ” said Keith Jezek , CEO of Open Lending . “In this challenging economic environment, we”
Earnings Releases
Open Lending Corp reported the fiscal quarter ended September 30, 2022 results: revenue $50.7 million, net income $24.5 million.
“Highlights • The Company facilitated 42,186 certified loans during the third quarter of 2022, compared to 49,332 certified loans in the third quarter of 2021 • Total revenue was $50.7 million during the third quarter of 2022, compared to $58.9 million in the third quarter of 2021 • Gross profit was $45.5 million during the third quarter of 2022, compared to $52.5”
Ross M. Jessup retired as President and Chief Operating Officer at Open Lending Corp.
“the Consultant announced his retirement as President and Chief Operating Officer of the Company on October 5, 2022”
Jessica Snyder was appointed as Vice Chair of the Board at Open Lending Corp.
“Jessica Snyder, a current director who serves as Chair of the Audit Committee of the Board, was appointed Vice Chair of the Board, effective as of the same date.”
Keith A. Jezek was elected as member of the Board at Open Lending Corp.
“Keith A. Jezek, age 58, to succeed Mr. Flynn as Chief Executive Officer of the Company and elected Mr. Jezek as a member of the Board, each effective as of the same date.”
Keith A. Jezek was appointed as Chief Executive Officer at Open Lending Corp.
“Keith A. Jezek, age 58, to succeed Mr. Flynn as Chief Executive Officer of the Company and elected Mr. Jezek as a member of the Board, each effective as of the same date.”
Ross M. Jessup retired as President and Chief Operating Officer at Open Lending Corp.
“Ross M. Jessup retired from his positions as President and Chief Operating Officer and as a member of the Board effective as of October 5, 2022.”
John J. Flynn was appointed as Chairman at Open Lending Corp.
“John J. Flynn retired from his position as Chief Executive Officer and that the Board of Directors of the Company (the “Board”) appointed Mr. Flynn to the Board as its Chairman, each effective as of the same date.”
William Heldfond was appointed as director at Open Lending Corp.
“Effective August 15, 2021, the Board approved the appointment of William Heldfond to serve as a director to fill the vacancy created by the resignation of Mr. Van Buren.”
Brandon Van Buren resigned as director at Open Lending Corp.
“On August 15, 2021, Brandon Van Buren resigned his position as a director of Open Lending Corporation (the “Company”) following his resignation from True Wind Capital.”
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.