 BUFFALO, N.Y., March 26, 2021 GLOBE NEWSWIRE -- ACV Auctions Inc. ACV, the leading online automotive marketplace for dealers, today announced the closing of its initial public offering of 19,032,500 shares of its Class A common stock at a price of 25.00 per share, including the full exercise by the underwriters of their option to purchase up to an additional 2,482,500 shares of Class A common stock from the selling stockholders named in the prospectus. ACV sold 16,550,000 shares in the offering. ACVs Class A common stock is listed on the Nasdaq Global Select Market under the symbol ACVA. ACV did not receive any proceeds from the sale of shares by the selling stockholders. 