Summary by Futu AI
Carvana Co. has filed an amendment to its prospectus supplement, dated July 19, 2023, and accompanying prospectus, dated April 20, 2022, with the SEC. The amendment, dated July 31, 2024, pertains to the offering of up to $1,000,000,000 of Class A Common Stock. This offering is part of a continuous offering program through an amended and restated distribution agreement with sales agents Barclays Capital Inc., Citigroup Global Markets Inc., Moelis & Company LLC, and Virtu Americas LLC. The offering allows for the sale of Class A common stock either through the sales agents acting as Carvana's sales agents or directly to them as principals. The sales may occur on the NYSE or otherwise at market prices or negotiated prices. The amendment increases the dollar amount of Class...Show More