Monitor whether the reverse stock split is implemented and at what ratio, as this could significantly impact share price and trading liquidity. The board declassification proposal, if passed, would change future director election procedures.
Price Chart
Executive Summary
Open Lending Corp (LPRO) is holding its 2026 annual meeting to vote on several proposals, including electing two directors, ratifying auditors, approving executive compensation, considering a shareholder proposal to declassify the board, and authorizing a reverse stock split of 1-for-5 to 1-for-7. The board recommends voting FOR all proposals.
Key Financial Metrics
Key Facts
- Annual meeting scheduled for June 3, 2026
- Board recommends voting FOR all five proposals
- Proposals include director elections, auditor ratification, executive pay approval, board declassification, and reverse stock split authorization
- Reverse stock split ratio between 1-for-5 to 1-for-7 to be determined by board
Financial Impact
Potential reduction in outstanding shares by 80-85% if reverse stock split is executed
Risk Factors
- Reverse stock split could signal financial distress to investors
- Board declassification could lead to governance changes affecting shareholder rights
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEFA14A Filing (Primary) | 0001193125-26-164248 |
| Document: 0001193125-26-164248-index-headers.html | 0001193125-26-164248 |
| Document: 0001193125-26-164248-index.html | 0001193125-26-164248 |
| Document: 0001193125-26-164248.txt | 0001193125-26-164248 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 11w ago | 15-12G | $3.14 | awaiting T+20 | — | — |
Jul 31, 2026 12w ago | 8-K | $3.14 | awaiting T+20 | — | — |
Jun 16, 2026 19w ago | 8-K | $3.11 $3.14 | ▲ +0.96% | ▲ +0.76% | — |
Jun 9, 2026 19w ago | 8-K | $2.12 $3.13 | ▲ +47.64% | ▲ +44.02% | — |
May 7, 2026 24w ago | 8-K | $1.90 $2.11 | ▼ −11.05% | ▼ −11.03% | — |
Apr 23, 2026 26w ago | Press Release | $1.67 $1.80 | ▲ +7.78% | ▲ +3.15% | — |
Apr 20, 2026 27w ago | DEFA14A | $1.71 $1.77 | ▲ +3.51% | ▼ −1.41% | — |
Mar 12, 2026 32w ago | Press Release | $1.45 $1.54 | ▲ +6.21% | ▲ +2.62% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers