secwatch.observer — SEC 8-K summary
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Issuer:     Vroom, Inc. (VRM)
CIK:        0001580864
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-012193
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Vroom stockholders approve 1-for-80 reverse stock split; effective Feb 13, 2024
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- 85.9M shares (59.94% of outstanding) present at special meeting; reverse split approved with 69.8M for, 15.8M against.
- Board set final ratio at 1-for-80; other amendments abandoned; Certificate of Amendment to be filed.
- Reverse split effective 5:00 p.m. ET Feb 13, 2024; trading on split-adjusted basis under VRM begins Feb 14.
- New CUSIP will be 92918V 208; no fractional shares issued; cash payment in lieu based on Feb 13 closing price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580864/000095017024012193/0000950170-24-012193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580864/000095017024012193/vrm-20240205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012193

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer