---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-112245"
form_type: "8-K"
ticker: "VRM"
cik: "0001580864"
company_name: "Vroom, Inc."
filed_at: "2025-08-29T23:59:59+00:00"
generated_at: "2026-05-17T09:13:25.291980+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-112245
- form_type: 8-K
- ticker: VRM
- cik: 0001580864
- company_name: Vroom, Inc.
- filed_at: 2025-08-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580864/000095017025112245/0000950170-25-112245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580864/000095017025112245/vrm-20250829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-112245
- JSON: https://secwatch.observer/filing/0000950170-25-112245.json
- Plain text: https://secwatch.observer/filing/0000950170-25-112245.txt

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