Vroom, Inc. — fact timeline

Vroom, Inc. reported financial results for the quarter ended March 31, 2026.

“On May 14, 2026, Vroom, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2026.”

Vroom, Inc. reported financial results for the quarter and year ended December 31, 2025.

“On March 26, 2026, Vroom, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2025.”

Vroom, Inc. incurred debt of $225,000,000 with Computershare Trust Company, N.A. (as indenture trustee).

“the Trust issued $225,000,000 of asset-backed notes with the following characteristics (collectively, the “ Notes ”):”

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).

“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.”

Vroom, Inc. entered into Note Purchase Agreement with Robert J. Mylod, Jr. valued at maximum aggregate principal commitment amount of $10,500,000 (effective 2025-11-25).

“On November 25, 2025, Vroom, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Purchase Agreement”) with Robert J. Mylod, Jr. (the “Investor”)”

Vroom, Inc. incurred senior notes of $10,500,000 with Robert J. Mylod, Jr. at Term SOFR (three-month tenor) plus 7.50% maturing November 25, 2026.

“the Company agreed to issue Senior Secured Delayed Draw Notes due 2026 (the “Notes”) in a maximum aggregate principal commitment amount of $10,500,000”

Vroom, Inc. amended revolving credit with Capital One, N.A., as administrative agent maturing July 25, 2027.

“renewed the Warehouse Credit Facility and amended the maturity date to July 25, 2027”

Nikul Patel was appointed as Director at Vroom, Inc..

“On April 24, 2025, the Board of Directors (the "Board") of Vroom, Inc. (the "Company") appointed Nikul Patel to the Board, effective April 24, 2025.”

Vroom, Inc. incurred debt of $324,003,000 of asset-backed notes with Computershare Trust Company, N.A., as indenture trustee at 4.80%, 5.05%, 5.15%, 5.96%, 7.71%.

“es "): Notes Initial Principal Amount Interest Rate Class A $145,583,000 4.80% Class B $ 53,110,000 5.05% Class C $ 34,380,000 5.15% Class D $ 53,490,000 5.96% Class E $ 37,440,000 7.71% and (iv) as security for the Notes, the Trust pledged the Receivables to Computershare Trust Company, N.A., as indenture trustee for benefit of the noteholders (the " Indenture Trustee ").”

Vroom, Inc.: Adopted amended and restated Bylaws effective as of the Effective Date.

“the Board adopted (i) the Company’s Certificate of Incorporation to, among other changes to the Company’s prior amended and restated certificate of incorporation, effect the Bankruptcy Emergence Issuance Adjustment and (ii) the Amended and Restated Bylaws (the “Bylaws”).”

Vroom, Inc.: Amended and restated Certificate of Incorporation to effect Bankruptcy Emergence Issuance Adjustment and other changes (effective 2025-01-14).

“the Board adopted (i) the Company’s Certificate of Incorporation to, among other changes to the Company’s prior amended and restated certificate of incorporation, effect the Bankruptcy Emergence Issuance Adjustment and (ii) the Amended and Restated Bylaws (the “Bylaws”).”

Vroom, Inc. underwent a change of control (closed 2025-01-14).

“On the Effective Date, all previously issued and outstanding equity interests in the Company were cancelled and extinguished. Pursuant to the Plan, holders of the Convertible Notes received 92.94% of the New Common Stock.”

Vroom, Inc. entered chapter 11 in Bankruptcy Court.

“The information set forth in the Introductory Note and Items 1.01, 1.02 and 3.02 of this Current Report on Form 8-K is incorporated herein by reference.”

Matthew Pietroforte was appointed as Director at Vroom, Inc..

“On January 14, 2025 and pursuant to the terms of the Plan, as confirmed by the Bankruptcy Court under Chapter 11 of the Bankruptcy Code, Matthew Pietroforte, was appointed as a member of the Board.”

Vroom, Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2024-11-13).

“On November 13, 2024, Vroom, Inc. (the “Company”, and in the context of the Prepackaged Chapter 11 Case, the “Debtor”) commenced a voluntary proceeding (the “Prepackaged Chapter 11 Case”) under Chapter 11 of the United States Code, 11 U.S.C. §§ 101-1532, as amended from time to (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) under the name “ In re Vroom, Inc .””

Anna-Lisa Corrales was appointed as Chief Legal Officer at Vroom, Inc..

“the Board appointed Anna-Lisa Corrales, the Company’s former Chief Compliance Officer, as Chief Legal Officer, Chief Compliance Officer and Secretary.”

Patricia Moran departed as Chief Legal Officer at Vroom, Inc..

“Ms. Moran will cease her employment as the Company’s Chief Legal Officer, General Counsel and Secretary, effective as of August 23, 2024”

Vroom, Inc. reported first quarter ended March 31, 2024 results: net income $(44.7) million net loss from continuing operations.

“Vroom, Inc. (Nasdaq:VRM) today announced financial results for the first quarter ended March 31, 2024. HIGHLIGHTS OF FIRST QUARTER 2024 • $91.0 million cash and cash equivalents as of March 31, 2024 • $(44.7) million net loss from continuing operations • $(32.2) million Adjusted EBITDA”

Agnieszka Zakowicz was appointed as Chief Financial Officer and Treasurer at Vroom, Inc..

“the Board appointed Agnieszka Zakowicz, the Company’s current Senior Vice President and principal accounting officer, as the Company’s Chief Financial Officer and Treasurer and designated her as the Company’s principal financial officer.”

Robert R. Krakowiak was appointed as Vice Chair of the Board at Vroom, Inc..

“the Company appointed Robert R. Krakowiak as a member of the board of directors (the “Board”) of the Company, and as Vice Chair of the Board, in each case effective as of the CFO Transition Date.”

Robert R. Krakowiak departed as Chief Financial Officer, Treasurer and principal financial officer at Vroom, Inc..

“Effective May 17, 2024 (the “CFO Transition Date”), Robert R. Krakowiak will cease his service as Chief Financial Officer, Treasurer and principal financial officer of Vroom, Inc.”

Vroom, Inc. incurred senior notes of $315,821,000 with Computershare Trust Company, N.A. at 6.17% (Class A), 6.57% (Class B), 7.06% (Class C), 8.30% (Class D), and 10.45% (.

“the Trust issued $315,821,000 of asset-backed notes with the following characteristics (collectively, the “ Notes ”):”

Vroom, Inc. engaged RSM US LLP as its auditor.

“the Committee approved the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024”

Vroom, Inc. dismissed PricewaterhouseCoopers LLP as its auditor.

“the Committee dismissed PwC as the Company’s independent registered public accounting firm immediately after the filing of the Company’s quarterly report on Form 10-Q for the quarter ended March 31, 2024”

Vroom, Inc. completed a disposition (closed 2024-03-29).

“On March 29, 2024, Vroom, Inc. (the “Company”) substantially completed the previously announced wind-down of the Company's ecommerce operations and used vehicle dealership business (the "Ecommerce Wind-Down").”

Vroom, Inc. reported fourth quarter and fiscal year ended December 31, 2023 results: net income $(141.3) million and $(365.5) million net loss for the fourth quarter and full year, respectively.

“Vroom, Inc. (Nasdaq:VRM) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.”

Vroom, Inc. announced a restructuring with charges of approximately $31.5 million affecting ecommerce operations and used vehicle dealership business.

“the Company now estimates it will incur approximately $31.5 million in one-time expenses in connection with the Plan. Included in this amount are approximately $15.0 million in costs attributable to contract and lease terminations and approximately $16.5 million of expenses the Company expects to incur relating to employee severance and benefits costs”

Vroom, Inc.: Certificate of Amendment to Amended and Restated Certificate of Incorporation became effective to implement a 1-for-80 reverse stock split of common stock (effective 2024-02-13).

“At 5:00 p.m., Eastern Time, on February 13, 2024 (the “Effective Time”), a Certificate of Amendment to Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) became effective and implemented the reverse stock split of the Company’s common stock at a ratio of 1-for-80 (the “Reverse Stock Split”).”

Vroom, Inc. shareholders approved To approve an adjournment of the Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Meeting to approve Proposal 1. at the 2024-02-05 meeting.

“FOR AGAINST ABSTAIN BROKER NON-VOTE 70,471,161 14,429,324 1,007,102 0”

Vroom, Inc. shareholders approved To approve amendments to the Company’s amended and restated certificate of incorporation, to effect a reverse stock split of the Common Stock at a ratio ranging from any whole number between 1-for-35 and 1-for-80, as determined by the Board in its discretion, subject to the Board’s authority to aban at the 2024-02-05 meeting.

“FOR AGAINST ABSTAIN BROKER NON-VOTE 69,766,590 15,844,556 296,441 0”

Vroom, Inc. announced a restructuring affecting ecommerce operations and used vehicle dealership business (approximately 800 employees will be impacted upon substantial implementation of the Value Maximization Plan, resulting i).

“the Company is suspending transactions through vroom.com, planning to sell its current used vehicle inventory through wholesale channels, halting purchases of additional vehicles, and executing a reduction-in-force commensurate with its reduced operations”

Vroom, Inc. amended IFSA Amendment with Ally Bank and Ally Financial Inc. (effective 2024-01-19).

“On January 19, 2024, Vroom, Inc. (“Vroom,” the “Company,” “us,” “we” and “our”), its wholly-owned subsidiary Vroom Automotive, LLC (“Vroom Automotive” and, together with the Company, the “Borrower”) and Ally Bank and Ally Financial Inc. (together, “Ally”) entered into an amendment to the Amended and Restated Inventory Financing and Security Agreement dated November 4, 2022, as amended (the “IFSA Amendment”), pursuant to which the Borrower will amend certain financing and other accommodations”

Vroom, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)).

“December 21, 2023, Vroom, Inc. (“Vroom,” the “Company,” “us,” “we” and “our”) received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock (the “Common Stock”) had closed below the $1.00 per share minimum bid price requirement for continued inclusion on The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The Notice has no immediate effect on the listing of the Common Stock, which continues to trad”

Vroom, Inc. entered into Equity Distribution Agreement with Virtu Americas LLC valued at up to $50.0 million (effective 2023-12-01).

“On December 1, 2023, Vroom, Inc. (the “Company”) entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) with Virtu Americas LLC (“Virtu”) to sell shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), with aggregate gross sales proceeds of up to $50.0 million, from time to time, through an “at-the-market” equity offering program under which Virtu will act as sales agent.”

Vroom, Inc. reported financial results for the quarter ended September 30, 2023.

“On November 7, 2023, Vroom, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2023.”

Vroom, Inc. updated its the second quarter ended June 30, 2023 guidance (reaffirmed).

“On August 8, 2023, Vroom, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2023.”

Vroom, Inc. shareholders approved Approval, on an advisory (non-binding) basis, of the compensation of the Company's named executive officers at the 2023-06-15 meeting.

“Item 3 — Approval, on an advisory (non-binding) basis, of the compensation of the Company’s named executive officers. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 30,591,083 8,887,501 458,588 37,199,067”

Vroom, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-06-15 meeting.

“Item 2 — Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. Votes FOR Votes AGAINST Votes ABSTAINED Broker Non-Votes 75,407,543 562,884 1,165,812 0”

Vroom, Inc. shareholders approved Election of seven directors for a term of office ending at the annual meeting of stockholders to be held in 2024 at the 2023-06-15 meeting.

“Item 1 — Election of seven directors for a term of office ending at the annual meeting of stockholders to be held in 2024. Votes FOR Votes WITHHELD Broker Non-Votes Robert J. Mylod, Jr. 39,071,772 865,400 37,199,067 Timothy M. Crow 39,078,064 859,108 37,199,067 Michael J. Farello 38,267,878 1,669,294 37,199,067 Laura W. Lang 39,089,391 847,781 37,199,067 Laura G. O’Shaughnessy 37,318,710 2,618,462 37,199,067 Paula B. Pretlow 39,105,306 831,866 37,199,067 Thomas H. Shortt 39,118,460 818,712 37,199,067”

Vroom, Inc. reported the first quarter ended March 31, 2023 results: net income ($75.0) million.

“Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles , today announced financial results for the first quarter ended March 31, 2023. HIGHLIGHTS OF FIRST QUARTER 2023 VERSUS FOURTH QUARTER 2022 • Ecommerce gross profit per unit of $2,552 as compared to $1,233 • Net loss of ($75.0) million as compared to net income of $24.8 million, due to gain on debt extinguishment of $126.8 million in the fourth quarter of 2022”

Vroom, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)).

“April 14, 2023, Vroom, Inc. (the “Company”) received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock (the “Common Stock”) had closed below the $1.00 per share minimum bid price requirement for continued inclusion on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The Notice has no immediate effect on the listing of the Common Stock, which continues to trade on the Nasdaq Global Select Mark”

Vroom, Inc. reported financial results for quarter ended September 30, 2022.

“On November 7, 2022, Vroom, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2022.”

Frederick Terrell resigned as Director at Vroom, Inc..

“In addition, on October 26, 2022 Mr. Frederick Terrell O. Terrell provided notice of his resignation from the Company's Board, effective as of that date.”

Timothy M. Crow was elected as member of the Board at Vroom, Inc..

“On October 26, 2022, the Board of Directors (the “Board”) of Vroom, Inc. (the “Company”) elected Timothy M. Crow to serve as a member of the Board.”

Agnieszka Zakowicz changed role as Senior Vice President and Principal Accounting Officer at Vroom, Inc..

“On July 21, 2022, Vroom, Inc. (the “Company”) promoted Agnieszka Zakowicz to Senior Vice President and Principal Accounting Officer, effective as of July 25, 2022 (the “Commencement Date”).”

Mark E. Roszkowski resigned as Chief Strategy Officer and General Manager of Vroom Financial Services at Vroom, Inc..

“On June 30, 2022, Mark E. Roszkowski resigned from his position as Chief Strategy Officer and General Manager of Vroom Financial Services of Vroom, Inc. (the “ Company ”) effective as of July 15, 2022”

Robert J. Mylod, Jr. was appointed as Independent Executive Chair at Vroom, Inc..

“Robert J. Mylod, Jr., the current Chairperson of the Board, has been appointed as the Independent Executive Chair of the Board”

Thomas H. Shortt was appointed as Director at Vroom, Inc..

“Mr. Shortt has been appointed to the Board to fill the vacancy created by Mr. Hennessy's resignation, effective as of the Effective Date”

Thomas H. Shortt was appointed as Chief Executive Officer at Vroom, Inc..

“appointed Thomas H. Shortt as the Company's Chief Executive Officer, to succeed Paul J. Hennessy upon Mr. Hennessy's resignation as Chief Executive Officer and a director of the Company, in each case effective as of May 9, 2022 (the "Effective Date"). Mr. Shortt ceased serving as the Company's Chief Operating Officer as of the Effective Date.”

Paul J. Hennessy resigned as Director at Vroom, Inc..

“upon Mr. Hennessy's resignation as Chief Executive Officer and a director of the Company, in each case effective as of May 9, 2022”