---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-070209"
form_type: "8-K"
ticker: null
cik: "0001839608"
company_name: "Getaround, Inc"
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T13:02:01.942770+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Getaround amends super priority note with Mudrick to $18.6M at 15% interest, adds $3M capital

## Summary
- Amended note principal $18,635,500 (up from $15,040,685); includes $594,815 accrued interest and $3M new capital.
- Interest rate 15% per annum, increases 2% upon default; maturity August 7, 2024, with 108% of principal plus interest due.
- Company may request up to $17M additional under the note; mandatory prepayment from equity or asset sale proceeds.
- Mudrick also holds convertible notes due 2027; new note ranks senior to all other indebtedness.
- NYSE filed to delist warrants (GETR WS) on Dec 13, 2023 due to low price; effective Dec 26, 2023.

## SEC filing metadata
- accession: 0000950170-23-070209
- form_type: 8-K
- cik: 0001839608
- company_name: Getaround, Inc
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839608/000095017023070209/0000950170-23-070209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839608/000095017023070209/getr-20231211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-070209
- JSON: https://secwatch.observer/filing/0000950170-23-070209.json
- Plain text: https://secwatch.observer/filing/0000950170-23-070209.txt

## Key facts
- Debt Financings
  Getaround, Inc amended loan of increased aggregate principal amount of $18,635,500 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 at 15.00% per annum maturing August 7, 2024.
  - Instrument: loan
  - Principal: increased aggregate principal amount of $18,635,500
  - Counterparty: 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
  - Rate: 15.00% per annum
  - Maturity: August 7, 2024
  - Event: amendment
  source text: On December 11, 2023 the Company and 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”) amended and restated the super priority note in an aggregate amount of $15,040,685 entered into by such parties on September 8, 2023 (the "Note") to reflect an increased aggregate principal amount of $18,635,500
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839608/000095017023070209/0000950170-23-070209-index.htm
- Material Agreements
  Getaround, Inc amended Amended and Restated 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 Purchaser) valued at $18,635,500 (effective 2023-12-11).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: 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)
  - Value: $18,635,500
  - Effective: 2023-12-11
  source text: On December 11, 2023 the Company and 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”) amended and restated the super priority note in an aggregate amount of $15,040,685 entered into by such parties on September 8, 2023 (the "Note") to reflect an increased aggregate principal amount of $18,635,500
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839608/000095017023070209/0000950170-23-070209-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.