Corporate ActionMay 11, 2026, 05:27 PM
CarParts.com Tax Plan Expires May 12, 2026
AI Summary
CarParts.com, Inc. amended its Tax Benefits Preservation Plan, accelerating its final expiration date from April 5, 2027, to May 12, 2026. As a result, the shareholder rights under the Plan expired and ceased to be outstanding effective May 12, 2026, effectively terminating the Plan. The company also issued a press release announcing this action.
Key Highlights
- CarParts.com entered Amendment No. 2 to its Tax Benefits Preservation Plan on May 11, 2026.
- The Plan's Final Expiration Date was accelerated from April 5, 2027, to May 12, 2026.
- Shareholder Rights under the Plan expired and ceased to be outstanding on May 12, 2026.
- The Tax Benefits Preservation Plan is now terminated.
Price Impact
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