Hi friends, we’ll keep this one short and focus on highlighting some important KPI’s and such ahead of CVNA earnings tomorrow.
This SEC Form 144 shows 201,899,201 shares outstanding on Mar/04/2024:
https://www.sec.gov/Archives/edgar/data/1690820/000195004724001747/xsl144X01/primary_doc.xml
CVNA's share count on Dec/31/2023 was 114.239 million:
https://www.sec.gov/Archives/edgar/data/1690820/000169082024000091/a9918-k123123.htm
Is there some mistake here? I can't imagine that much new issuance under their ATM going unnoticed.
This SEC Form 144 shows 201,899,201 shares outstanding on Mar/04/2024:
https://www.sec.gov/Archives/edgar/data/1690820/000195004724001747/xsl144X01/primary_doc.xml
CVNA's share count on Dec/31/2023 was 114.239 million:
https://www.sec.gov/Archives/edgar/data/1690820/000169082024000091/a9918-k123123.htm
Is there some mistake here? I can't imagine that much new issuance under their ATM going unnoticed.