---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-409064"
form_type: "8-K"
ticker: "VRM"
cik: "0001580864"
company_name: "Vroom, Inc."
filed_at: "2026-09-30T20:13:36+00:00"
generated_at: "2026-10-12T14:05:05.440954+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Vroom Automotive raises $20M via preferred units at SOFR+8.50-9.25%; funds ABS residual purchases

## Summary
- Vroom Automotive, LLC issued 16,000 Series A1 and 4,000 Series B1 preferred units at $1,000/unit to SPE Holdings 2026-1 for $20,000,000 gross on September 30, 2026.
- Units pay quarterly distributions equal to liquidation preference times 90-day average SOFR plus 8.50% (Series A1) or 9.25% (Series B1), resetting each distribution date.
- Series B1 units are convertible into Vroom Automotive common units at SPE Holdings' option at any time; Series A1 units are not convertible.
- Proceeds plus a UACC loan prepayment will repay certain obligations and buy residual interests in United Auto Credit Securitization Trusts 2024-1 and 2026-1.
- Pre-closing capitalization: 39,229 common units, 15,000 Series A and 7,500 Series B preferred; an origination fee was paid to the purchaser, amount redacted.

## SEC filing metadata
- accession: 0001193125-26-409064
- form_type: 8-K
- ticker: VRM
- cik: 0001580864
- company_name: Vroom, Inc.
- filed_at: 2026-09-30T20:13:36+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580864/000119312526409064/0001193125-26-409064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580864/000119312526409064/vrm-20260930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-409064
- JSON: https://secwatch.observer/filing/0001193125-26-409064.json
- Plain text: https://secwatch.observer/filing/0001193125-26-409064.txt

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