LPRO Open Lending Corp
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.
Actionable Insight
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.
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
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 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 7, 2026
16d ago
|
8-K
| $1.90 $1.83 | ▲ +3.68% | ▲ +5.15% | $2.11 (−11.05%) |
|
Apr 23, 2026
4w ago
|
Press Release
| $1.67 $1.77 | ▲ +5.99% | ▲ +4.51% | $2.11 (+26.35%) |
|
Apr 20, 2026
4w ago
|
DEFA14A
| $1.71 $1.79 | ▲ +4.68% | ▲ +3.59% | $2.11 (+23.39%) |
|
Mar 12, 2026
10w ago
|
Press Release
| $1.45 $1.34 | ▼ −7.59% | ▼ −5.47% | $2.11 (+45.52%) |
US Market Status
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