secwatch.observer — SEC 8-K summary
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Issuer:     Vroom, Inc. (VRM)
CIK:        0001580864
Form:       8-K
Filed at:   2024-11-26T23:59:59+00:00
Accession:  0001193125-24-266124
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Vroom receives Nasdaq delisting notice due to Chapter 11 filing; trading to suspend Dec 2
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- Nasdaq determined to delist Vroom common stock (VRM) under Rules 5101, 5110(b), IM-5101-1 due to prepackaged Chapter 11 case filed Nov 13, 2024.
- Trading of common stock will be suspended at opening of business on December 2, 2024; Nasdaq will file Form 25-NSE with SEC.
- Company has right to appeal delisting determination but does not indicate intention to do so.
- After delisting, common stock may trade on OTC Markets Group; no assurance of meeting initial listing standards on another exchange.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580864/000119312524266124/0001193125-24-266124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580864/000119312524266124/d882020d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-266124

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