Carvana Co. Files 8-K for Material Agreement
Ticker: CVNA · Form: 8-K · Filed: 2025-01-06T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, filing
Related Tickers: CVNA
TL;DR
Carvana signed a big deal on Jan 3rd, filed it Jan 6th. Details TBD.
AI Summary
Carvana Co. filed an 8-K on January 6, 2025, reporting a material definitive agreement entered into on January 3, 2025. The filing includes financial statements and exhibits related to this agreement. Specific details of the agreement and its financial implications are not elaborated in the provided text.
Why It Matters
This filing indicates a significant new agreement for Carvana, which could impact its financial standing and operational strategy. Investors will be looking for details on the nature and terms of this agreement.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which inherently carries potential risks and rewards that are not yet fully disclosed.
Key Players & Entities
- CARVANA CO. (company) — Registrant
- January 3, 2025 (date) — Date of earliest event reported
- January 6, 2025 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 300 E. Rio Salado Parkway (address) — Principal executive offices
- Tempe Arizona (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Carvana Co. on January 3, 2025?
The provided text states that Carvana Co. entered into a material definitive agreement on January 3, 2025, but does not specify the nature of this agreement.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed on January 6, 2025.
What is Carvana Co.'s principal executive office address?
Carvana Co.'s principal executive office is located at 300 E. Rio Salado Parkway, Tempe, Arizona 85281.
What is the exact filing date for the earliest event reported in this 8-K?
The earliest event reported in this 8-K occurred on January 3, 2025.
What is Carvana Co.'s IRS Employer Identification Number?
Carvana Co.'s IRS Employer Identification Number is 81-4549921.
Filing Stats: 496 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2025-01-06 08:45:23
Key Financial Figures
- $0.001 — stered Class A Common Stock, Par Value $0.001 Per Share CVNA New York Stock Exchange
- $4.0 billion — t by the Ally Parties to purchase up to $4.0 billion of automotive finance receivables betwe
Filing Documents
- cvna-20250103.htm (8-K) — 29KB
- ally-carvanapartaflowxamen.htm (EX-10.1) — 44KB
- 0001690820-25-000019.txt ( ) — 201KB
- cvna-20250103.xsd (EX-101.SCH) — 2KB
- cvna-20250103_lab.xml (EX-101.LAB) — 21KB
- cvna-20250103_pre.xml (EX-101.PRE) — 12KB
- cvna-20250103_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On January 3, 2025, a subsidiary of Carvana Co., Ally Bank, and Ally Financial Inc. (together, the "Ally Parties") amended the Second Amended and Restated Master Purchase and Sale Agreement to, among other things, reestablish a commitment by the Ally Parties to purchase up to $4.0 billion of automotive finance receivables between January 3, 2025 and January 2, 2026.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Sixth Amendment to the Second Amended and Restated Master Purchase and Sale Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) *Certain portions of this exhibit have been omitted in accordance with Item 601(b)(10)(iv) of Regulation S-K. The registrant agrees to furnish supplementally an unredacted copy of this exhibit to the Securities and Exchange Commission upon its request.
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. Date: January 6, 2025 CARVANA CO. By: /s/ Paul Breaux Name: Paul Breaux Title: Vice President, General Counsel, and Secretary