{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-053606","form_type":"8-K","ticker":"VRM","cik":"0001580864","company_name":"Vroom, Inc.","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.062863+00:00","generated_at":"2026-06-02T22:04:28.835335+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Vroom subsidiary UACC closes $315.8M asset-backed note securitization on $380M subprime auto loans","bullets":["UACC sold ~$380M of subprime motor vehicle contracts to Trust; issued $315.8M in ABS notes across 5 classes.","Class A ($139.3M at 6.17%) to Class E ($39.5M at 10.45%) notes issued; Class E retained for risk retention.","UACC will service receivables for 3.25% annual fee; 28% of loans originated by affiliated dealer Vroom Automotive.","Notes are obligations of Trust only; UACC has option to buy Trust estate when outstanding balance ≤10% of initial."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-053606","json":"https://secwatch.observer/filing/0000950170-24-053606.json","markdown":"https://secwatch.observer/filing/0000950170-24-053606.md","text":"https://secwatch.observer/filing/0000950170-24-053606.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580864/000095017024053606/0000950170-24-053606-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580864/000095017024053606/vrm-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:04:28.835335+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":"ed582d86e7f0e60761de2ac476279f68a81a46bf","claim":"Vroom, Inc. incurred senior notes of $315,821,000 with Computershare Trust Company, N.A. at 6.17% (Class A), 6.57% (Class B), 7.06% (Class C), 8.30% (Class D), and 10.45% (.","evidence_excerpt":"the Trust issued $315,821,000 of asset-backed notes with the following characteristics (collectively, the “ Notes ”):","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580864/000095017024053606/0000950170-24-053606-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$315,821,000"},{"label":"Counterparty","value":"Computershare Trust Company, N.A."},{"label":"Rate","value":"6.17% (Class A), 6.57% (Class B), 7.06% (Class C), 8.30% (Class D), and 10.45% ("},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}