Open Lending Corp SEC Filings

Open Lending Corp director Todd C. Hart tendered 13,933 shares of common stock on July 28, 2026, disposing of them in a cash tender offer at $3.15 per share. The offer was made under a June 15, 2026 Merger Agreement with ANV Group Holdings Ltd. and Lakers Acquisition Sub, Inc., and left him with no directly held shares reported.

Open Lending Corp director Eric A. Feldstein disposed of 122,686 shares of common stock on July 28, 2026 through a tender-offer disposition at $3.15 per share in cash. The shares were tendered under an Agreement and Plan of Merger with ANV Group Holdings Ltd. and Lakers Acquisition Sub, Inc., leaving Feldstein with 0 shares directly held.

Open Lending Corp director Abhijit Chaudhary disposed of 14,943 shares of common stock on July 28, 2026 by tendering them into a cash offer at $3.15 per share. The offer was made under a June 15, 2026 Agreement and Plan of Merger, leaving him with 0 directly held shares.

Buss Jessica E reported disposition transactions in this Form 4 filing.

Open Lending Corp CEO Jessica E. Buss reported merger-related cash-out transactions. On July 28, 2026 she tendered 74,652 common shares for $3.15 per share in cash under a tender offer. At the merger’s Effective Time, 941,176 restricted stock units were cancelled for $3.15 in cash each, and 3,184,000 stock options with a $2.50 exercise price were cancelled and converted into cash based on the $3.15 offer price, all pursuant to a June 15, 2026 Agreement and Plan of Merger.

Open Lending Corp is having its common stock removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq filed Form 25 after stating it complied with its rules to strike this class of securities, and that the issuer complied with the exchange’s rules governing voluntary withdrawal.

Open Lending Corporation has been acquired by ANV Group Holdings Ltd. On July 30, 2026, after completion of a cash tender offer at $3.15 per share and a follow-on merger under Section 251(h) of the DGCL, Open Lending became an indirect wholly-owned subsidiary of ANV.

As of the offer’s expiration, holders had validly tendered 101,256,899 shares, representing 85.57% of issued and outstanding shares, satisfying the minimum tender condition. Each remaining share (with customary exclusions and appraisal rights) was converted into the right to receive the same cash consideration, without interest and subject to tax withholding.

In connection with the change in control, Open Lending terminated its 2021 Credit Agreement with Wells Fargo, will repay all outstanding obligations and release related liens, and has initiated steps to suspend trading, delist its shares from Nasdaq, deregister under the Exchange Act and file Form 15. Parent obtained $100.0 million of committed equity financing and $250.0 million of committed debt financing, and completion was not subject to a financing condition.

Open Lending Corporation reports the results of the cash tender offer by Lakers Acquisition Sub, Inc., an indirect wholly owned subsidiary of ANV Group Holdings Ltd., to acquire any and all outstanding common shares at $3.15 per share in cash.

As of the offer’s expiration at one minute past 11:59 p.m. New York City time on July 27, 2026, 96,284,040 shares had been validly tendered and not withdrawn, representing 81.37% of outstanding shares, and notices of guaranteed delivery were submitted for an additional 5,064,343 shares, or 4.28%. All conditions, including the Minimum Tender Condition, were satisfied or waived, and on July 28, 2026 the purchaser accepted all validly tendered shares for payment.

With sufficient ownership to proceed under Section 251(h) of the DGCL, Open Lending and the purchaser expect to complete a merger on July 30, 2026. At the effective time, each remaining share (subject to limited exclusions and appraisal rights) will convert into the right to receive $3.15 in cash. Following the merger, the shares will be delisted from the Nasdaq Global Market, and the parties intend to terminate the shares’ registration and suspend the company’s reporting obligations under the Exchange Act.

ANV Group Holdings, through Lakers Acquisition Sub, completed its cash tender offer for Open Lending Corporation common stock at $3.15 per share. The offer expired at one minute past 11:59 p.m., New York City time, on July 27, 2026 and was not extended.

As of expiration, 96,284,040 Shares, representing 81.37% of outstanding shares, were validly tendered and not withdrawn, satisfying the Minimum Tender Condition. Notices of Guaranteed Delivery covered an additional 5,064,343 Shares, or 4.28% of outstanding shares. All tendered shares have been irrevocably accepted for payment and will be promptly paid in cash.

With this level of ownership, Lakers Acquisition Sub has enough shares to complete a Section 251(h) DGCL merger without a stockholder vote. The merger is expected on July 30, 2026, after which remaining untendered shares (subject to limited exceptions and appraisal rights) will be converted into the right to receive the same $3.15 cash consideration per share. Following the merger, Open Lending intends to delist its shares from Nasdaq and deregister under the Exchange Act.

ANV Group Holdings Ltd., through its subsidiary Lakers Acquisition Sub, Inc., is conducting a cash tender offer to purchase any and all outstanding shares of Open Lending Corporation common stock at $3.15 per share, in cash, without interest and less any required withholding taxes. This amendment reports key regulatory milestones. As of July 23, 2026 at 11:59 p.m. Eastern Time, the waiting period under the HSR Act expired, satisfying the tender offer condition tied to U.S. antitrust review. In addition, following commencement of the offer, Open Lending made required merger filings with the Texas Department of Insurance and received notice of the regulator’s non-disapproval of the merger. The offer and subsequent merger remain subject to all other closing conditions described in the transaction documents.