VROOM INC(VRM.US)

Vroom Signs Preferred Unit Purchase Agreement With SPE Holdings 2026-1

Vroom has signed a Preferred Unit Purchase Agreement with SPE Holdings 2026-1, issuing 15,000 Series A and 7,500 Series B preferred units for $22.5 million. The Series A units offer quarterly distributions tied to the 90-day average SOFR plus 8.25%, while Series B offers 9% and is convertible into common units at the counterparty's option. Proceeds will be used for general corporate purposes. The agreement was signed on January 16, 2026.

Vroom Inc. Secures $10.5 Million Note Purchase from Board Chair

Vroom Inc. has entered into a Note Purchase Agreement with its board chair, Robert J. Mylod, Jr., for $10.5 million in Senior Secured Delayed Draw Notes due 2026. The initial issuance is $5 million, with interest at three-month Term SOFR plus 7.50%, secured by company assets. Proceeds are for working capital and general corporate purposes.

VROOM INC | 10-Q: FY2025 Q3 Revenue: USD 54.34 M

VROOM INC | 8-K: FY2025 Q3 Revenue: USD 54.34 M

Vroom Announces Third Quarter 2025 Results | VRM Stock News

Vroom, Inc. (Nasdaq: VRM) reported its third quarter 2025 results, highlighting a consolidated total available liquidity of $59.2 million and a net loss of $27.1 million. The company saw a significant year-over-year improvement in net loss and adjusted net loss, attributed to its long-term strategic plan. Following its emergence from Chapter 11 bankruptcy in January 2025, Vroom's financial statements reflect fresh-start accounting, making comparisons with prior periods challenging. CEO Tom Shortt emphasized advancements in business intelligence and credit decision processes during the quarter.