Current Report Filing (8-k)
August 04 2020 - 04:34PM
Edgar (US Regulatory)
0001395942false00013959422020-08-042020-08-04
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of
1934
Date of Report (Date of earliest event reported): August 4,
2020
KAR Auction Services, Inc.
(Exact name of Registrant as specified in its charter)
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Delaware
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001-34568
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20-8744739
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(State or other jurisdiction
of incorporation)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.)
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11299 N. Illinois Street
Carmel, Indiana 46032
(Address of principal executive offices)
(Zip Code)
(800) 923-3725
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act.
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Securities registered pursuant to Section 12(b) of the
Act:
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Title of each class |
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Trading symbol |
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Name of each exchange on which registered |
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Common Stock, par value $0.01 per share |
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KAR |
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New York Stock Exchange |
Item 2.02 Results
of Operations and Financial Condition.
On August 4, 2020, KAR Auction Services, Inc. issued a press
release announcing its financial results for the three and six
months ended June 30, 2020. KAR will host an earnings conference
call and webcast, Wednesday, August 5, 2020 at 8:30 a.m., Eastern
Daylight Time. The conference call may be accessed by calling
1-844-778-4145 and entering participant code 1267834 and the live
webcast may be accessed at the investors section of
www.karglobal.com. The call will be hosted by KAR's Chief Executive
Officer and Chairman of the Board, Jim Hallett, and Executive Vice
President and Chief Financial Officer, Eric Loughmiller. The call
will feature a review of operating highlights and financial results
for the three and six months ended June 30, 2020. The press release
dated August 4, 2020 is attached to this Current Report on Form 8-K
as Exhibit 99.1 and is incorporated herein by reference in its
entirety.
On August 4, 2020, KAR also posted supplemental financial
information for the three and six months ended June 30, 2020, and
Earnings Slides for the three and six months ended June 30, 2020.
The supplemental financial information and Earnings Slides can be
located at the investors section of www.karglobal.com. The
supplemental financial information and Earnings Slides posted on
August 4, 2020 are attached to this Current Report on Form 8-K as
Exhibits 99.2 and 99.3, respectively, and are incorporated herein
by reference in their entirety.
Item 9.01 Financial
Statements and Exhibits.
(d)
Exhibits
EXHIBIT
NO. DESCRIPTION
OF EXHIBIT
104 Cover Page Interactive Data File - the cover
page XBRL tags are embedded within the Inline XBRL
document.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, hereunto duly
authorized.
Dated: August 4, 2020 KAR Auction
Services, Inc.
/s/
Eric M. Loughmiller
Eric
M. Loughmiller
Executive Vice President and Chief Financial Officer
