Vroom issues $10M in 5% convertible notes due 2030 at $35 conversion price

Vroom, Inc.

Issued $10M aggregate principal of 5.000% Convertible Notes due 2030 to two purchasers.
Each purchaser bought $5M; purchasers include Annox Capital and board chair Robert J. Mylod, Jr.
Notes convertible at $35 per share into common stock; issued in a private placement.
Proceeds support long-term business strategy; no specific use disclosed.

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