Carvana fully satisfies public issuance requirements of previously announced exchange offer transaction support agreement, raising $225 million through at-the-market equity offering program

Phoenix--(business wire)--carvana co. (“carvana” or the “company”), the fastest growing used car dealer in u.s. history, today announced that it has raised $225 million through the issuance of approximately 4.9 million shares through its at-the-market equity offering program (“atm”), fully satisfying the public equity requirement of its exchange offer transaction support agreement (“tsa”). the tsa, which was announced last week, provides significant financial flexibility to carvana including re.
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