{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-018225","form_type":"8-K","ticker":null,"cik":"0001839608","company_name":"Getaround, Inc","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.207606+00:00","generated_at":"2026-05-26T23:00:46.556123+00:00","sec_items":["2.05","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Getaround to wind down U.S. operations; CEO/COO Lee steps down, Huerta acting CEO","bullets":["Board approved orderly wind-down of U.S. car-share and HyreCar businesses; European operations continue.","Estimated restructuring charges of $1.5M–$2.0M from employee severance and benefits.","AJ Lee steps down as Interim CEO and COO effective Feb 14; Patricia Huerta becomes acting CEO plus interim CFO.","Reduction-in-force of substantially all U.S. employees; most separate by Feb 14, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-018225","json":"https://secwatch.observer/filing/0000950170-25-018225.json","markdown":"https://secwatch.observer/filing/0000950170-25-018225.md","text":"https://secwatch.observer/filing/0000950170-25-018225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/getr-20250207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T23:00:46.556123+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":"1953546c2a","claim":"AJ Lee departed as Interim Chief Executive Officer and Chief Operating Officer at Getaround, Inc.","evidence_excerpt":"AJ Lee, Interim Chief Executive Officer and Chief Operating Officer, will step down as the Company’s Interim Chief Executive Officer and Chief Operating Officer, effective February 14, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Interim Chief Executive Officer and Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"324a448553","claim":"Patricia Huerta was appointed as acting Chief Executive Officer at Getaround, Inc.","evidence_excerpt":"Patricia Huerta will serve as acting Chief Executive Officer in addition to the Company’s Interim Chief Financial Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"acting Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"69543a3b458aa8d69f6654793f02378d2c7dec26","claim":"Getaround, Inc announced a restructuring with charges of approximately $1.5 million to $2.0 million affecting U.S. business operations (car-share and HyreCar) (substantially all of the Company’s U.S. employees).","evidence_excerpt":"On February 7, 2025, the Board of Directors of Getaround, Inc. (the “Company”) approved the orderly wind-down of the Company’s business operations in the United States, which includes its car-share and HyreCar businesses. The Company’s European business will continue operating to provide car-sharing services for customers in all current European markets. In connection with the approval of the wind-down plan, the Board approved a reduction-in-force of substantially all of the Company’s U.S. employees, with most employees separating as of February 14, 2025 and certain others separating during the wind-down or after the wind-down process is completed. Employees of the Company’s European business will not be affected. The Company estimates that it will incur charges of approximately $1.5 million to $2.0 million in connection with the reduction-in-force, primarily consisting of severance payments, notice pay (where applicable), employee benefits contributions and related costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.5 million to $2.0 million"},{"label":"Affected area","value":"U.S. business operations (car-share and HyreCar)"},{"label":"Headcount","value":"substantially all of the Company’s U.S. employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}