{"id":969749,"date":"2026-06-02T16:19:52","date_gmt":"2026-06-02T20:19:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/openlane-converts-remaining-series-a-convertible-preferred-stock\/"},"modified":"2026-06-02T16:19:52","modified_gmt":"2026-06-02T20:19:52","slug":"openlane-converts-remaining-series-a-convertible-preferred-stock","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/openlane-converts-remaining-series-a-convertible-preferred-stock\/","title":{"rendered":"OPENLANE Converts Remaining Series A Convertible Preferred Stock"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n CARMEL, Ind.<\/span>, June 2, 2026<\/span> \/PRNewswire\/ — OPENLANE, Inc. (NYSE: OPLN), a leading operator of digital marketplaces for wholesale used vehicles, announced the conversion of the Company’s remaining Series A Convertible Preferred Stock into approximately 17 million shares of common stock. With no preferred stock outstanding, the Company’s outstanding common share count is now approximately 123.1 million post conversion.\u00a0<\/p>\n

\n

\n
\n \"OPENLANE
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n\n\n\n\n\n\n
\n

\n
\n OPENLANE Contacts:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n
\n Media Inquiries:<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n
\n Analyst Inquiries:<\/i>
\n <\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Laurie Dippold<\/span>\n <\/p>\n<\/td>\n

\n

\n Bill Wright<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n (317) 468-3900<\/span>\n <\/p>\n<\/td>\n

\n

\n (317) 249-4559<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n laurie.dippold@openlane.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n investor_relations@openlane.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n About OPENLANE
<\/b>OPENLANE, Inc. (NYSE: OPLN) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services deliver a fast, fair and transparent experience that helps customers make smarter decisions and achieve better outcomes. Headquartered in Carmel, Indiana, OPENLANE has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest OPENLANE news, visit corporate.openlane.com.<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/openlane-converts-remaining-series-a-convertible-preferred-stock-302789204.html<\/a><\/p>\n

SOURCE OPENLANE, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire CARMEL, Ind., June 2, 2026 \/PRNewswire\/ — OPENLANE, Inc. (NYSE: OPLN), a leading operator of digital marketplaces for wholesale used vehicles, announced the conversion of the Company’s remaining Series A Convertible Preferred Stock into approximately 17 million shares of common stock. With no preferred stock outstanding, the Company’s outstanding common share count is now approximately 123.1 million post conversion.\u00a0 OPENLANE Contacts: Media Inquiries: Analyst Inquiries: Laurie Dippold Bill Wright (317) 468-3900 (317) 249-4559 laurie.dippold@openlane.com investor_relations@openlane.com About OPENLANEOPENLANE, Inc. (NYSE: OPLN) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services … <\/p>\n

Continue reading “OPENLANE Converts Remaining Series A Convertible Preferred Stock”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-969749","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOPENLANE Converts Remaining Series A Convertible Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/openlane-converts-remaining-series-a-convertible-preferred-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OPENLANE Converts Remaining Series A Convertible Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CARMEL, Ind., June 2, 2026 \/PRNewswire\/ — OPENLANE, Inc. (NYSE: OPLN), a leading operator of digital marketplaces for wholesale used vehicles, announced the conversion of the Company’s remaining Series A Convertible Preferred Stock into approximately 17 million shares of common stock. With no preferred stock outstanding, the Company’s outstanding common share count is now approximately 123.1 million post conversion.\u00a0 OPENLANE Contacts: Media Inquiries: Analyst Inquiries: Laurie Dippold Bill Wright (317) 468-3900 (317) 249-4559 laurie.dippold@openlane.com investor_relations@openlane.com About OPENLANEOPENLANE, Inc. (NYSE: OPLN) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. 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