Item 1.01 Entry into a Material Definitive Agreement.
Amendment to Credit Agreement
On
A copy of the Second Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the Second Amendment.
Item 8.01 Other Events. Underwritten Public Offering
On
The Underwriting Agreement contains customary representations, warranties and agreements by the Company and the Selling Stockholders, customary conditions to closing, indemnification obligations of the Company, the Selling Stockholders and the Underwriters, including for liabilities under the Securities Act of 1933, as amended (the "Securities Act"), other obligations of the parties and termination provisions.
The offering is being made pursuant to the Company's registration statement (the
"Registration Statement") on Form S-1 (Registration No. 333-251183), which was
declared effective by the
Repurchase
On
The Underwriting Agreement and the Repurchase Agreement are filed as Exhibits 1.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference. The above descriptions of the terms of the Underwriting Agreement and Repurchase Agreement are qualified in their entirety by reference to such exhibits.
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits 1.1 Underwriting Agreement, dated as ofDecember 9, 2020 , by and amongOpen Lending Corporation , the Selling Stockholders andGoldman Sachs & Co. LLC ,Deutsche Bank Securities Inc. andMorgan Stanley & Co., LLC as representatives to the several Underwriters named therein. 10.1 Second Amendment to Credit Agreement, dated as ofDecember 7, 2020 , by and amongOpen Lending, LLC and the financial institutions party thereto as lenders. 10.2 Stock Repurchase Agreement, dated as ofDecember 7, 2020 , by and betweenOpen Lending Corporation and the stockholders listed therein. 3
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