Carvana (CVNA) disclosed in its annual filing that on February 19, it entered into a second amended and restated distribution agreement with Barclays Capital, Citigroup, and Virtu Americas to further refresh its “at-the-market offering” program, whereby the company may sell up to the greater of: a number of shares of class A common stock representing an aggregate offering price of $1.0B or an aggregate of 21,016,898 shares of its class A common stock, from time to time.
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