ACV Auctions Inc. Files 8-K for Regulation FD Disclosure
Ticker: ACVA · Form: 8-K · Filed: Sep 11, 2025 · CIK: 1637873
| Field | Detail |
|---|---|
| Company | Acv Auctions Inc. (ACVA) |
| Form Type | 8-K |
| Filed Date | Sep 11, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $18 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, 8-K
TL;DR
ACV Auctions filed an 8-K on 9/11 for an event on 9/10 - Reg FD disclosure.
AI Summary
ACV Auctions Inc. filed an 8-K on September 11, 2025, reporting an event on September 10, 2025. The filing is categorized under Regulation FD Disclosure, indicating a public disclosure of material information. Specific details of the event are not provided in the excerpt, but the filing confirms ACV Auctions Inc. is a Delaware-incorporated company with its principal executive offices in Buffalo, NY.
Why It Matters
This filing signals a material event requiring public disclosure by ACV Auctions Inc., potentially impacting investor understanding of the company's operations or strategic direction.
Risk Assessment
Risk Level: low — The filing is a standard disclosure form (8-K) and does not inherently contain negative information or significant financial changes in the provided excerpt.
Key Players & Entities
- ACV Auctions Inc. (company) — Registrant
- 0000950103-25-011517 (filing_id) — Accession Number
- September 10, 2025 (date) — Date of Report
- September 11, 2025 (date) — Filing Date
- Delaware (jurisdiction) — State of Incorporation
- 640 ELLICOTT STREET #321 Buffalo , NY 14203 (address) — Principal Executive Offices
FAQ
What specific event triggered the Regulation FD Disclosure for ACV Auctions Inc. on September 10, 2025?
The provided excerpt does not specify the exact event that triggered the Regulation FD Disclosure on September 10, 2025.
When was the 8-K filing submitted to the SEC?
The 8-K filing was submitted on September 11, 2025.
What is the principal business address of ACV Auctions Inc.?
The principal executive offices of ACV Auctions Inc. are located at 640 Ellicott Street #321, Buffalo, NY 14203.
In which state is ACV Auctions Inc. incorporated?
ACV Auctions Inc. is incorporated in Delaware.
What is the SEC file number for ACV Auctions Inc.'s 8-K filing?
The SEC file number for ACV Auctions Inc. is 001-40256.
Filing Stats: 708 words · 3 min read · ~2 pages · Grade level 12.9 · Accepted 2025-09-11 08:01:02
Key Financial Figures
- $18 million — o the customer. There was approximately $18 million aggregate principal amount outstanding
Filing Documents
- dp234255_8k.htm (8-K) — 24KB
- 0000950103-25-011517.txt ( ) — 184KB
- acva-20250910.xsd (EX-101.SCH) — 3KB
- acva-20250910_lab.xml (EX-101.LAB) — 33KB
- acva-20250910_pre.xml (EX-101.PRE) — 22KB
- dp234255_8k_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On September 10, 2025, ACV Auctions Inc. (the "Company") was notified that a customer of its wholly-owned subsidiary, ACV Capital LLC ("ACV Capital"), filed for Chapter 7 bankruptcy protection (the "Bankruptcy Filing"). ACV Capital previously entered into a floorplan loan agreement under which it provides a line of credit to the customer. There was approximately $18 million aggregate principal amount outstanding under the line of credit at the time of the Bankruptcy Filing. While the borrowings under the facility are secured by vehicles, the Company continues to assess the status and valuation of the collateral and any necessary provision for doubtful receivables relating to these loans. As a result, the Company is unable to determine at this time the amount of losses it expects to incur and the impact on its financial results from the customer's bankruptcy. The Company plans to pursue all available remedies to protect its interests. The information furnished under this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or subject to the liabilities of that section. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission, or the SEC, made by the Company, regardless of any general incorporation language in such filing.
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K contains forward-looking Act, about us that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this Current Report on Form 8-K including statements regarding the impact of the customer's bankruptcy on our provision for doubtful receivables, results of operations or financial condition, are forward-looking statements. You should not rely on forward-looking statements as predictions of future events. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors described under the header "Risk Factors" and elsewhere in the Company's Annual Report on Form 10-K and its other filings with the SEC.
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACV AUCTIONS INC. By: /s/ William Zerella Name: William Zerella Title: Chief Financial Officer Date: September 11, 2025