Carvana Co 8-K, filed Apr 3, 2020
Carvana Co. (CVNA)
8-K
2020-04-03
For: 2020-03-30
View Original
Added on
April 11, 2026
About this 8-K
Carvana Co filed this 8-K on April 3, 2020, reporting on events of March 30, 2020.
Items reported
- Item 1.01: Entered into a material agreement
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 30, 2020
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code) | ||||||||||||||
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Item 1.01 Entry into a Material Definitive Agreement.
On March 30, 2020, in connection with a securitization transaction, a subsidiary of Carvana Co. (the "Company") entered into a transfer agreement (the “Transfer Agreement”) with a statutory trust established for the securitization (the “securitization trust”), pursuant to which the securitization trust purchased from such subsidiary approximately $495.0 million in principal balances of finance receivables. The finance receivables sold pursuant to the Transfer Agreement collateralize the asset-backed securities issued by the securitization trust. A copy of the Transfer Agreement will be filed with the U.S. Securities and Exchange Commission as an exhibit to the Company’s Quarterly Report on Form 10-Q for the three months ending March 31, 2020.
| Exhibit No. | Description | ||||
| 101 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | ||||
| 104 | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL. | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: | April 3, 2020 | CARVANA CO. | |||||||||||||||||||||||||||
| By: | /s/ Mark Jenkins | ||||||||||||||||||||||||||||
| Name: | Mark Jenkins | ||||||||||||||||||||||||||||
| Title: | Chief Financial Officer | ||||||||||||||||||||||||||||