1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: There were no unregistered equity securities sold from July 1, 2020 to September 30, 2020.
+Added: On January 7, 2021, we completed the acquisition of 100% of Vast Holdings, Inc.
+Added: (d/b/a CarStory) and issued 1,072,117 shares of our common stock as partial consideration for the acquisition.
+Added: The issuance of such shares of common stock was made in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended.
+Added: See Note 4 — Acquisition to our condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q for additional information concerning the acquisition.
Use of Proceeds from Public Offering of Common Stock
−Removed: On June 11, 2020, we completed our IPO, in which we sold 24,437,500 shares of common stock at a price to the public of $22.00 per share, including 3,187,500 shares sold in connection with the exercise of the underwriters’ option to purchase additional shares.
+Added: On June 11, 2020, we completed our IPO.
The offer and sale of all of the shares in the IPO were registered under the Securities Act pursuant to a registration statement on Form S-1 (File No.
333-238482), as amended, which was declared effective by the SEC on June 8, 2020.
−Removed: We raised $504.0 million in net proceeds after deducting underwriting discounts and commissions and before deducting offering expenses of $7.5 million.
−Removed: No payments were made by us to directors, officers, or persons owning 10 percent or more of our capital stock or to their associates, or to our affiliates, other than payments in the ordinary course of business to officers for salaries.
There has been no material change in the planned use of proceeds from our IPO as described in our final prospectus filed with the SEC on June 9, 2020 pursuant to Rule 424(b)(4).
−Removed: We invested the funds received in accordance with our board approved investment policy, which provides for investments in money market instruments and registered money market funds.
−Removed: The managing underwriters of our IPO were Goldman Sachs & Co.
−Removed: LLC, BofA Securities, Allen & Company LLC, and Wells Fargo Securities.
−Removed: Following the sale of the shares in connection with the IPO, the offering terminated.
−Removed: Defaults Upo n Senior Securities
+Added: Defaults Upon Senior Securities
Mine Safety Disclosures
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.