OPENLANE Announces Pricing of Secondary Offering of Common Stock, Including Concurrent Share Repurchase
Ignition Acquisition Holdings LP, advised by Apax Partners, is selling 8 million shares of OPENLANE common stock in a registered secondary offering. OPENLANE is not issuing any new shares and will not receive any proceeds from the sale, which involves previously issued Series A Convertible Preferred Stock that converted in May 2026.
Key figures
- Shares Offered
- 8000000
- Shares repurchased
- 727590
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