---
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"
generated_at: "2026-10-15T20:21:06.632653+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Vroom's UACC closes $234.2M subprime auto ABS; convertible note commitments raised to $60M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-422899
- JSON: https://secwatch.observer/filing/0001193125-26-422899.json
- Plain text: https://secwatch.observer/filing/0001193125-26-422899.txt

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