{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-017221","form_type":"8-K","ticker":"VRM","cik":"0001580864","company_name":"Vroom, Inc.","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.521462+00:00","generated_at":"2026-05-16T09:17:59.994916+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Vroom subsidiary issues $22.5M in preferred units to SPE Holdings 2026-1","bullets":["Vroom Automotive LLC issued 15,000 Series A and 7,500 Series B preferred units for $22.5M total proceeds.","Series A distribution rate: SOFR + 8.25%; Series B: SOFR + 9%, payable quarterly.","Proceeds to be used for loan to UACC, special distribution to Vroom Finance Holdings, and general corporate purposes.","Series B preferred units are convertible into common units of Vroom Automotive; Series A are non-convertible.","Origination fee and reimbursement expenses deducted from purchase price; details redacted."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-017221","json":"https://secwatch.observer/filing/0001193125-26-017221.json","markdown":"https://secwatch.observer/filing/0001193125-26-017221.md","text":"https://secwatch.observer/filing/0001193125-26-017221.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580864/000119312526017221/0001193125-26-017221-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580864/000119312526017221/vrm-20260116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:17:59.994916+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":"e1d8f7da1e3f7dd94f0f4267c68f69256bcba61f","claim":"Vroom, Inc. entered into Preferred Unit Purchase Agreement with SPE Holdings 2026-1 valued at Issue 15,000 Series A and 7,500 Series B preferred units for $22,500,000 gross proceeds (effective 2026-01-16).","evidence_excerpt":"On January 16, 2026, Vroom Automotive LLC (“ Vroom Automotive ”), a Delaware limited liability company and a subsidiary of Vroom, Inc. (the “ Company ”), holding intellectual property licenses and other financial assets, issued to SPE Holdings 2026-1, a Delaware statutory trust (“ SPE Holdings ”), 15,000 newly issued Series A preferred units (the “ Series A Preferred Units ”) and 7,500 newly issued Series B preferred units (the “ Series B Preferred Units ” and together with the Series A Preferred Units, the “ Vroom Automotive Preferred Units ”) for aggregate gross proceeds of $22,500,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580864/000119312526017221/0001193125-26-017221-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"SPE Holdings 2026-1"},{"label":"Value","value":"Issue 15,000 Series A and 7,500 Series B preferred units for $22,500,000 gross proceeds"},{"label":"Effective","value":"2026-01-16"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}