---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-125397"
form_type: "8-K"
ticker: "VRM"
cik: "0001580864"
company_name: "Vroom, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:54:43.478017+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Vroom Q3 net loss $37.7M, to restructure $290M notes via prepackaged Chapter 11

## Summary
- Net loss from continuing operations $37.7M; Adjusted EBITDA $(25.5)M.
- Cash and equivalents $51.1M as of Sept 30, 2024.
- UACC had $32.9M liquidity available under warehouse credit facilities.
- Agreed to restructure $290M unsecured convertible notes into equity via prepackaged Chapter 11.
- After restructuring, Vroom Inc. will have no long-term debt; UACC retains ABS and trust preferred obligations.

## SEC filing metadata
- accession: 0000950170-24-125397
- form_type: 8-K
- ticker: VRM
- cik: 0001580864
- company_name: Vroom, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580864/000095017024125397/0000950170-24-125397-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580864/000095017024125397/vrm-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-125397
- JSON: https://secwatch.observer/filing/0000950170-24-125397.json
- Plain text: https://secwatch.observer/filing/0000950170-24-125397.txt

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