
MergerJul 30, 2026, 09:19 AM
Open Lending Acquired by ANV Group for $3.15 Per Share
AI Summary
Open Lending Corporation announced the completion of its acquisition by ANV Group Holdings Ltd. The merger, initiated by a tender offer at $3.15 per share, concluded on July 30, 2026. Approximately 85.57% of outstanding shares were tendered, leading to Open Lending becoming an indirect wholly-owned subsidiary of ANV Group. In connection with the merger, Open Lending's Credit Agreement was terminated, and outstanding obligations will be repaid.
Key Highlights
- Open Lending acquired by ANV Group Holdings Ltd.
- Tender offer price was $3.15 per share in cash.
- 101,256,899 shares (85.57% of outstanding) tendered.
- Merger completed on July 30, 2026.
- Open Lending became an indirect wholly-owned subsidiary of Parent.
- Credit Agreement dated March 19, 2021, was terminated.
Price Impact
More from LPRO