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Carvana | 8-K: Amended and Restated Section 382 Rights Agreement and Filed a Certificate of Elimination and Present at the William Blair 44th Annual Growth Stock Conference

Carvana | 8-K: Amended and Restated Section 382 Rights Agreement and Filed a Certificate of Elimination and Present at the William Blair 44th Annual Growth Stock Conference

Carvana | 8-K:修订和重述第382条权利协议并提交消除证书,及出席William Blair第44届年度成长股大会
美股sec公告 ·  06/06 08:21
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On June 3, 2024, Carvana Co. announced the termination of its Amended and Restated Section 382 Rights Agreement, also known as the Tax Asset Preservation Plan, effective as of June 4, 2024. The plan, originally established on July 18, 2023, with Equiniti Trust Company, LLC, was deemed no longer necessary for the preservation of valuable tax attributes. Concurrently, Carvana filed a Certificate of Elimination with the Delaware Secretary of State on June 5, 2024, which eliminated the Series B Preferred Stock, returning it to authorized but undesignated shares. Additionally, Carvana's management is set to present at the William Blair 44th Annual Growth Stock Conference on June 6, 2024. During this event, the company will discuss its recent financial activities, including the repurchase and cancellation of $250 million of its Senior Secured Notes and the sale of approximately 3 million shares of Class A Common Stock, generating $350 million in gross proceeds. Carvana also reaffirmed its Q2 outlook, expecting a sequential increase in retail units and Adjusted EBITDA.
On June 3, 2024, Carvana Co. announced the termination of its Amended and Restated Section 382 Rights Agreement, also known as the Tax Asset Preservation Plan, effective as of June 4, 2024. The plan, originally established on July 18, 2023, with Equiniti Trust Company, LLC, was deemed no longer necessary for the preservation of valuable tax attributes. Concurrently, Carvana filed a Certificate of Elimination with the Delaware Secretary of State on June 5, 2024, which eliminated the Series B Preferred Stock, returning it to authorized but undesignated shares. Additionally, Carvana's management is set to present at the William Blair 44th Annual Growth Stock Conference on June 6, 2024. During this event, the company will discuss its recent financial activities, including the repurchase and cancellation of $250 million of its Senior Secured Notes and the sale of approximately 3 million shares of Class A Common Stock, generating $350 million in gross proceeds. Carvana also reaffirmed its Q2 outlook, expecting a sequential increase in retail units and Adjusted EBITDA.
2024年6月3日,carvana宣布终止改正的第382条款权利协议,也称为税务资产保全计划,该协议自2024年6月4日起生效。该计划最初于2023年7月18日与Equiniti Trust Company,LLC共同设立,被认为不再需要保存有价值的税收属性。同时,carvana于2024年6月5日向特拉华州秘书长提交了取消证明书,将B系列优先股取消,将其返回为经授权但未指定的股份。此外,carvana的管理层将于2024年6月6日参加William Blair第44届年度成长股票大会。在此活动中,该公司将讨论其最近的财务活动,包括回购和取消2.5亿美元的优先担保票据和出售约300万股A类普通股,获得3.5亿美元的总毛收益。Carvana还重新确认其第二季度展望,预计零售单位和调整后的EBITDA将同比增长。
2024年6月3日,carvana宣布终止改正的第382条款权利协议,也称为税务资产保全计划,该协议自2024年6月4日起生效。该计划最初于2023年7月18日与Equiniti Trust Company,LLC共同设立,被认为不再需要保存有价值的税收属性。同时,carvana于2024年6月5日向特拉华州秘书长提交了取消证明书,将B系列优先股取消,将其返回为经授权但未指定的股份。此外,carvana的管理层将于2024年6月6日参加William Blair第44届年度成长股票大会。在此活动中,该公司将讨论其最近的财务活动,包括回购和取消2.5亿美元的优先担保票据和出售约300万股A类普通股,获得3.5亿美元的总毛收益。Carvana还重新确认其第二季度展望,预计零售单位和调整后的EBITDA将同比增长。
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