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Jun 30, 2023
EverQuote Q2 2023 Earnings Report
Entered into a loan and security modification agreement with Western Alliance Bank.
Key Takeaways
EverQuote entered into a Loan and Security Modification Agreement with Western Alliance Bank as of August 1, 2023. The agreement consents to the sale of Eversurance LLC and releases liens on the equity interests and contracts related to Eversurance.
EverQuote entered into a Loan and Security Modification Agreement with Western Alliance Bank on August 1, 2023.
The agreement consents to EverQuote selling its membership interests in Eversurance LLC to MyPlanAdvocate Insurance Solutions Inc.
Western Alliance Bank released liens on the equity interests and contracts related to Eversurance.
EverQuote affirmed that it has no defenses against its obligations under the Indebtedness with Western Alliance Bank.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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