{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-047783","form_type":"8-K","ticker":null,"cik":"0001839608","company_name":"Getaround, Inc","filed_at":"2023-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.643296+00:00","generated_at":"2026-06-10T21:18:45.587352+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Getaround refinances with $15M super priority note, plans special meeting for convertible note adjustments","bullets":["Repaid $3M bridge note and issued $15.05M super priority note to Mudrick Capital at 8% interest, maturing August 7, 2024.","Conversion rate on existing 8%/9.5% convertible notes may adjust to 500 or 4,000 shares per $1,000 principal if note not repaid by Jan 31, 2024.","Company must seek meaningful junior debt/equity investment or sale by Oct 27, 2023, and engage with prospective counterparties.","Special stockholder meeting to approve conversion rate adjustments must be held by January 31, 2024.","Company expects to file all delinquent periodic reports (including FY2022 audit) by November 15, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-047783","json":"https://secwatch.observer/filing/0000950170-23-047783.json","markdown":"https://secwatch.observer/filing/0000950170-23-047783.md","text":"https://secwatch.observer/filing/0000950170-23-047783.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/getr-20230908.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T21:18:45.587352+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4601b329bb4e599c7b5a5f07717db188e146ecc5","claim":"Getaround, Inc incurred senior notes of $15,050,685 with Mudrick Capital Management L.P. on behalf of certain funds at 8.00% per annum maturing August 7, 2024.","evidence_excerpt":"On September 8, 2023, the Company issued and sold to Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (the “Purchaser”), a super priority note in an aggregate amount of $15,050,685 (the “Note”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$15,050,685"},{"label":"Counterparty","value":"Mudrick Capital Management L.P. on behalf of certain funds"},{"label":"Rate","value":"8.00% per annum"},{"label":"Maturity","value":"August 7, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"40fddeca0166ca46a27419c915d1df146d89ae41","claim":"Getaround, Inc amended Bridge Note with Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (effective 2023-09-06).","evidence_excerpt":"In connection with the Refinancing Transaction, on September 6, 2023, the Company and the Bridge Noteholder amended the Bridge Note to extend the maturity date thereunder to 11:59 p.m. Eastern Time on September 8, 2023.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates"},{"label":"Effective","value":"2023-09-06"}],"fact_type":"material_agreement"},{"claim_id":"a81ca290daa235e98d658cd9f738a8147900fedf","claim":"Getaround, Inc terminated Bridge Note with Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (effective 2023-09-08).","evidence_excerpt":"In the Refinancing Transaction, among other things, (i) the Company repaid in full the principal and unpaid accrued interest under a promissory note (the “Bridge Note”) with Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (the “Bridge Noteholder”), dated August 7, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","confidence":0.85,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates"},{"label":"Effective","value":"2023-09-08"}],"fact_type":"material_agreement"},{"claim_id":"a962ed467db646de34e1d940c4c01f4a683a059e","claim":"Getaround, Inc entered into First Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee and collateral agent (effective 2023-09-08).","evidence_excerpt":"The terms of the Note are set forth in the First Supplemental Indenture, dated as of September 8, 2023 (the “Supplemental Indenture”) to the Indenture dated as of December 8, 2022 (the “Base Indenture” and, together with the Supplemental Indenture, the “Indenture”) by and among the Company, the subsidiary guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee and collateral agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee and collateral agent"},{"label":"Effective","value":"2023-09-08"}],"fact_type":"material_agreement"},{"claim_id":"da8cc80f8fec225cdbd30dd6f314ee3f2adab019","claim":"Getaround, Inc entered into Subscription Agreement with Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates valued at $15,050,685 (effective 2023-09-08).","evidence_excerpt":"On September 8, 2023, the Company issued and sold to Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (the “Purchaser”), a super priority note in an aggregate amount of $15,050,685 (the “Note”) pursuant to a subscription agreement dated September 8, 2023 (the “Subscription Agreement”), by and between the Purchaser and the Company, and the form of global note attached thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates"},{"label":"Value","value":"$15,050,685"},{"label":"Effective","value":"2023-09-08"}],"fact_type":"material_agreement"},{"claim_id":"ed04c674eed71b1c5a7a45f3d89875111d06070f","claim":"Getaround, Inc entered into Bridge Note with Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (effective 2023-08-07).","evidence_excerpt":"In the Refinancing Transaction, among other things, (i) the Company repaid in full the principal and unpaid accrued interest under a promissory note (the “Bridge Note”) with Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates (the “Bridge Noteholder”), dated August 7, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017023047783/0000950170-23-047783-index.htm","confidence":0.85,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Mudrick Capital Management L.P. on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. or its affiliates"},{"label":"Effective","value":"2023-08-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}