{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-422899","form_type":"8-K","ticker":"VRM","cik":"0001580864","company_name":"Vroom, Inc.","filed_at":"2026-10-15T20:16:53+00:00","discovered_at":"2026-10-15T20:18:00.283520+00:00","generated_at":"2026-10-15T20:21:06.632653+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Vroom's UACC closes $234.2M subprime auto ABS; convertible note commitments raised to $60M","bullets":["United Auto Credit sold $292.1M of subprime motor vehicle retail installment contracts to United Auto Credit Securitization Trust 2026-2, which issued $234.2M of asset-backed notes.","Note classes: A $105.0M at 5.09%, B $41.6M at 5.90%, C $26.1M at 6.36%, D $42.2M at 7.37%, E $19.3M at 9.59%; closing date Oct. 15, 2026.","Depositor retained at least 5% of each note class under Regulation RR; UACC is servicer at a 3.25% annual fee; clean-up call at 10% of initial receivables.","First Amendment to the May 14, 2026 Exchange and Subscription Agreement raised Senior Secured Delayed Draw Convertible Notes due 2032 commitments from $50.0M to $60.0M.","New commitments came from controlling stockholder Mudrick Capital and Annox Capital, controlled by Independent Executive Chair Robert J. Mylod Jr."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-422899","json":"https://secwatch.observer/filing/0001193125-26-422899.json","markdown":"https://secwatch.observer/filing/0001193125-26-422899.md","text":"https://secwatch.observer/filing/0001193125-26-422899.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580864/000119312526422899/0001193125-26-422899-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580864/000119312526422899/vrm-20261013.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-15T20:21:06.632653+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}