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):

September 25, 2020

 

 

WORLD OMNI AUTO RECEIVABLES LLC

(Depositor with respect to the Issuing Entities described in the registrant’s registration statement)

(Exact name of registrant as specified in its charters)

(Central Index Key Number: 0001083199)

 

WORLD OMNI FINANCIAL CORP.

(Sponsor with respect to the Issuing Entities described in the registrant’s registration statement)

(Exact name of Sponsor as Specified in its charters)

(Central Index Key Number: 0001004150)

 

 

Delaware

(State or other jurisdiction of incorporation or organization)

 

333-228112

(Commission File Number)

 

52-2184798

(Depositor’s I.R.S. Employer Identification No.)

 

250 Jim Moran Blvd.

Deerfield Beach, FL 33442

(Address of principal executive offices of depositor, including Zip Code)

 

Depositor’s telephone number, including area code: (954) 429-2200

 

Former name or former address, if changed since last report: Not applicable

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the depositor under any of the following provisions:

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Not applicable		Not applicable		Not applicable

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act (§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.  ¨

 

 

 

Item 8.01.

Other Events.

 

On September 25, 2020, World Omni Financial Corp. (“World Omni”), as managing member of World Omni Auto Receivables LLC, a Delaware limited liability company (the “Registrant”), entered into Amendment No. 2 to Limited Liability Company Agreement (the “LLCA Amendment”), a copy of which is filed as an exhibit hereto. The LLCA Amendment amends the limited liability company agreement, dated as of April 24, 2000 (as previously amended), among World Omni, the Registrant, the independent directors party thereto and the springing member party thereto (filed as Exhibit 3.2 to Amendment No. 1 to the Registrant’s Form SF-3 registration statement dated and filed on January 18, 2019, Commission File No. 333-228112), to among other things change the registered agent and registered office for service of process of the Registrant in the State of Delaware, and certain duties of the independent directors party thereto. On September 28, 2020, World Omni, as authorized person of the Registrant, filed an amendment to the Certificate of Formation (the “CoF Amendment”) of the Registrant in the office of the Secretary of State of the State of Delaware, a copy of which is filed as an exhibit hereto. The CoF Amendment amends the Certificate of Formation, dated as of April 13, 1999 (filed as Exhibit 3.1 to Amendment No. 1 to the Registrant’s Form SF-3 registration statement dated and filed on January 18, 2019, Commission File No. 333-228112), to change the Registrant’s registered agent and registered office for service of process in the State of Delaware.

 

 

Item 9.01.

Financial Statements and Exhibits.

 

Exhibit No.		Description
Exhibit 3.1		Certificate of Amendment of Certificate of Formation of World Omni Auto Receivables LLC, dated as of September 28, 2020, by World Omni Financial Corp., as authorized person of World Omni Auto Receivables LLC.
Exhibit 3.2		Amendment No. 2 to Limited Liability Company Agreement of World Omni Auto Receivables LLC, dated as of September 25, 2020, by World Omni Financial Corp., as managing member of World Omni Auto Receivables LLC.

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

		WORLD OMNI AUTO RECEIVABLES LLC (Registrant)
Dated: September 29, 2020		By:	/s/ Ronald J. Virtue
		Name:	Ronald J. Virtue
		Its:	Assistant Treasurer