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AI brief of an SEC Form 8-K · OPENLANE (OPLN)

OPENLANE extends two receivables financing facilities to January 31, 2030

Neutral Impact 3 of 5 financing Written later

OPENLANE's subsidiaries amended two receivables purchase facilities on September 25, 2026, extending the termination date of each from January 31, 2028 to January 31, 2030. The filing describes the extension as a term extension and does not mention new borrowing capacity, pricing changes, or costs.

Key points

  • U.S. facility: Second Amendment to the Tenth Amended and Restated Receivables Purchase Agreement, signed September 25, 2026, extends termination date to January 31, 2030
  • Canadian facility: Amendment No. 4 to the Receivables Purchase Agreement dated March 1, 2023, signed September 25, 2026, extends termination date to January 31, 2030
  • Full amendment texts will be filed as exhibits to the Form 10-Q for the quarter ended September 30, 2026

The filing

CompanyOPENLANE (OPLN)
Form8-K, current report
Filed with the SECSep 28, 2026, 4:13 PM ET
Accession number0001395942-26-000033

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.