# Open Lending Corp (LPRO) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_5e51c7c48406569db3a7 · retrieved 2026-08-11T16:13:20.561Z

## Overview
Open Lending Corporation is a personal credit institution that provides lending solutions.

On July 30, 2026, Open Lending Corporation completed a merger with Lakers Acquisition Sub, Inc. (a subsidiary of ANV Group Holdings Ltd.) pursuant to an Agreement and Plan of Merger dated June 15, 2026. Under the merger, Lakers Acquisition Sub merged with and into Open Lending Corporation, with Open Lending continuing as the surviving corporation. At the effective time of the merger, Open Lending became an indirect wholly-owned subsidiary of ANV Group Holdings Ltd.

## Terms
- Counterparty: ANV Group Holdings Ltd. · Consideration: cash · Premium: 48.0% · Stake: 100% · Price/share: $3.15

## Key dates
- Announced 2026-07-31 · Expiry 2026-07-27 · Completed 2026-07-20

## Timeline
- 2026-07-20 · SC 14D9/A (0001193125-26-309021): SC 14D9/A - Open Lending Corp — *Open Lending Corporation is a personal credit institution that provides lending-related services.* ANV Group Holdings Ltd., through its indirect wholly-owned subsidiary Lakers Acquisition Sub, Inc., has launched a tender offer to acquire all outstanding shares of Open Lending Corporation's common stock at $3.15 per share in cash, net to the holder, without interest and subject to applicable withholding taxes. The tender offer was disclosed in a Schedule TO filed on June 29, 2026, and this Amendment No. 1 to the Schedule 14D-9 (filed July 20, 2026) supplements Open Lending's solicitation/recommendation statement to address disclosure claims raised in three stockholder lawsuits and demand letters alleging deficiencies in the original Schedule 14D-9 disclosures.
  https://www.sec.gov/Archives/edgar/data/1806201/0001193125-26-309021.txt
- 2026-07-30 · 8-K (0001193125-26-325062): 8-K - Open Lending Corp — *Open Lending Corporation is a personal credit institution that provides lending solutions.* On June 15, 2026, Open Lending Corporation entered into an Agreement and Plan of Merger with ANV Group Holdings Ltd. (Parent) and Lakers Acquisition Sub, Inc. (Merger Sub). Merger Sub commenced a tender offer on June 29, 2026, to purchase all outstanding shares of Open Lending common stock at $3.15 per share in cash. As of the tender offer expiration on July 27, 2026, 101,256,899 shares (approximately 85.57% of outstanding shares) were validly tendered. On July 30, 2026, Parent completed the acquisition by consummating the merger, with each outstanding share converted into the right to receive $3.15 per share, and Open Lending became an indirect wholly-owned subsidiary of Parent.
  https://www.sec.gov/Archives/edgar/data/1806201/0001193125-26-325062.txt
- 2026-07-31 · 8-K (0001193125-26-326655): 8-K - Open Lending Corp — *Open Lending Corporation is a personal credit institution that provides lending solutions.* On July 30, 2026, Open Lending Corporation completed a merger with Lakers Acquisition Sub, Inc. (a subsidiary of ANV Group Holdings Ltd.) pursuant to an Agreement and Plan of Merger dated June 15, 2026. Under the merger, Lakers Acquisition Sub merged with and into Open Lending Corporation, with Open Lending continuing as the surviving corporation. At the effective time of the merger, Open Lending became an indirect wholly-owned subsidiary of ANV Group Holdings Ltd.
  https://www.sec.gov/Archives/edgar/data/1806201/0001193125-26-326655.txt

## Citations
- 0001193125-26-309021 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526309021
- 0001193125-26-325062 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526325062
- 0001193125-26-326655 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526326655