Openlane to repurchase 53% of series a convertible preferred stock

Carmel, ind., sept. 9, 2025 /prnewswire/ -- openlane, inc. (nyse: kar), a leading operator of digital marketplaces for wholesale used vehicles, has reached definitive agreements to repurchase 53% of the company's series a convertible preferred stock originally issued in june 2020.
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