BRIEF-Openlane To Repurchase 53% Of Series A Convertible Preferred Stock

Reuters

2025/09/10

Sept 9 (Reuters) - Openlane Inc KAR.N:

OPENLANE TO REPURCHASE 53% OF SERIES A CONVERTIBLE PREFERRED STOCK
OPENLANE INC - REPURCHASE PRICE SET AT $29.70 PER SHARE INCLUDING DIVIDENDS
OPENLANE INC: DEAL CUTS APAX-ADVISED FUNDS' PREFERRED SHARES BY ABOUT 50%, PERIPHAS-ADVISED FUNDS' BY ABOUT 80%

Source text: ID:nPn5cj7mja

Further company coverage: KAR.N

((Reuters.Briefs@thomsonreuters.com;))

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