Copart Extends ACV Tender Offer to Oct 15; 52.84% of Shares Tendered
ACVA has more than doubled off its 52-week low of $4.065.
Summary
Copart extended its tender offer for ACV Auctions to October 15, 2026, and disclosed that 52.84% of shares have already been tendered, meeting the minimum condition.
Updates
· SEC SC 14D9/A — ACV Auctions' board filed its recommendation statement amendment reflecting the tender offer extension to October 15, 2026.
- The Offer and related withdrawal rights were originally scheduled to expire at one minute following 11:59 p.m., Eastern Time, on September 30, 2026.
- The Offer Price is $10.50 per Share, net to the seller in cash, without interest, subject to any withholding tax.
- Apple Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Copart, Inc., a Delaware corporation, is making the offer.
Key Events · M&A and Partnerships · ACVA
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Tender Offer Extended to October 15
Copart extended the expiration of its $10.50/share all-cash tender offer for ACV Auctions from October 7 to October 15, 2026, to allow the HSR waiting period to lapse on October 13.
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52.84% of Shares Tendered
As of October 7, 2026, approximately 90,199,271 shares have been validly tendered, representing 52.84% of outstanding shares — already above the Minimum Condition of one share more than 50%.
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HSR Waiting Period Expires October 13
The extension is intended to allow the HSR waiting period to expire at 11:59 p.m. ET on October 13, 2026, though early termination remains possible at agency discretion.
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Deal Progressing Toward Completion
With the Minimum Condition already satisfied and only the HSR clearance outstanding, the $1.9 billion acquisition is on track to close shortly after the waiting period expires.
Analysis · ACVA · Trade & Services
Copart has extended its $10.50/share tender offer for ACV Auctions to October 15, 2026, to allow the HSR waiting period to expire on October 13. As of October 7, approximately 90.2 million shares — 52.84% of outstanding — have been validly tendered, already satisfying the Minimum Condition of one share more than 50%. The deal is progressing toward completion, with the extension driven by regulatory timing rather than any deficiency in shareholder support.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.8% of the 1700 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ACVA was trading at $10.45 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $4.07 to $10.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.