---
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"
generated_at: "2026-05-26T23:00:46.556123+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Getaround to wind down U.S. operations; CEO/COO Lee steps down, Huerta acting CEO

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-018225
- form_type: 8-K
- cik: 0001839608
- company_name: Getaround, Inc
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.05, 5.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-018225
- JSON: https://secwatch.observer/filing/0000950170-25-018225.json
- Plain text: https://secwatch.observer/filing/0000950170-25-018225.txt

## Key facts
- Executive change
  AJ Lee departed as Interim Chief Executive Officer and Chief Operating Officer at Getaround, Inc.
  - Action: stepped down
  - Role: Interim Chief Executive Officer and Chief Operating Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm
- Executive change
  Patricia Huerta was appointed as acting Chief Executive Officer at Getaround, Inc.
  - Action: appointed
  - Role: acting Chief Executive Officer
  source text: Patricia Huerta will serve as acting Chief Executive Officer in addition to the Company’s Interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm
- Restructurings & Charges
  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).
  - Type: restructuring
  - Charge: approximately $1.5 million to $2.0 million
  - Affected area: U.S. business operations (car-share and HyreCar)
  - Headcount: substantially all of the Company’s U.S. employees
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1839608/000095017025018225/0000950170-25-018225-index.htm

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