---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-030786"
form_type: "8-K/A"
ticker: "VRM"
cik: "0001580864"
company_name: "Vroom, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:16:08.060429+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vroom estimates $31.5M in one-time costs for ecommerce wind-down

## Summary
- Vroom estimates $31.5M in one-time expenses for Value Maximization Plan.
- $15.0M for contract and lease terminations.
- $16.5M for employee severance and benefits costs.
- Ecommerce wind-down expected substantially complete by March 31, 2024.
- Additional wind-down costs may be incurred through end of 2024.

## SEC filing metadata
- accession: 0000950170-24-030786
- form_type: 8-K/A
- ticker: VRM
- cik: 0001580864
- company_name: Vroom, Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580864/000095017024030786/0000950170-24-030786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580864/000095017024030786/vrm-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-030786
- JSON: https://secwatch.observer/filing/0000950170-24-030786.json
- Plain text: https://secwatch.observer/filing/0000950170-24-030786.txt

## Key facts
- Restructurings & Charges
  Vroom, Inc. announced a restructuring with charges of approximately $31.5 million affecting ecommerce operations and used vehicle dealership business.
  - Type: restructuring
  - Charge: approximately $31.5 million
  - Affected area: ecommerce operations and used vehicle dealership business
  source text: the Company now estimates it will incur approximately $31.5 million in one-time expenses in connection with the Plan. Included in this amount are approximately $15.0 million in costs attributable to contract and lease terminations and approximately $16.5 million of expenses the Company expects to incur relating to employee severance and benefits costs
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580864/000095017024030786/0000950170-24-030786-index.htm

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