Vroom Inc is an innovative online platform that specializes in transforming the vehicle buying and selling experience
By combining technology with a vast inventory of quality used cars, the company offers a seamless, user-friendly interface for consumers to browse, purchase, and finance vehicles from the comfort of their homes. Additionally, Vroom facilitates the selling process for individuals looking to offload their cars, providing convenient options for appraisal and pickup. With a focus on transparency and customer satisfaction, Vroom aims to simplify automotive transactions and enhance the way people engage with the used car market.
Vroom, Inc. (the “Company”), a leading automotive finance company and a data, AI-powered analytics and digital services platform supporting the automotive industry, today provided an update on trading of the Company’s common stock and warrants following the Company’s emergence from its prepackaged Chapter 11 case on January 14, 2025.
Vroom, Inc., a leading automotive finance company and a data, AI-powered analytics and digital services platform supporting the automotive industry, today announced that as of January 14, 2025, it has successfully completed its recapitalization of unsecured convertible senior notes and emerged from the prepackaged Chapter 11 case it voluntarily filed in the U.S. Bankruptcy Court for the Southern District of Texas.
Vroom, Inc. (Nasdaq: VRM), a leading automotive finance company and an AI-powered analytics and digital services platform for automotive retail, today announced that it has made the strategic decision to enter into a Restructuring Support Agreement (RSA) with holders of an overwhelming majority of its outstanding funded debt and its largest stockholder. The parties to the RSA have agreed to pursue a comprehensive transaction that will restructure Vroom, Inc.’s outstanding funded debt, consisting of approximately $290 million of unsecured convertible senior notes due in 2026 (Notes), into equity. Vroom, Inc. is the holding company of operating subsidiaries including United Auto Credit Corporation (UACC), CarStory, LLC (CarStory), and Vroom Automotive, LLC and does not itself have operations.
Vroom, Inc. (Nasdaq: VRM) today released an investor presentation (the “Investor Presentation”) which includes the Company’s long-term strategic plan and key initiatives. A copy of the Investor Presentation is available at ir.vroom.com.
Carvana is an eCommerce platform for buying and selling used cars, enabling customers to pick up their purchased vehicles at one of its car vending machines.
Vroom, Inc. (Nasdaq: VRM) today announced that it will release its financial results for the second quarter ending June 30, 2024, after the market closes on Thursday, August 8, 2024.
Vroom, Inc. (Nasdaq: VRM) today announced that it will release its financial results for the first quarter ending March 31, 2024, after the market closes on Thursday, May 9, 2024.
Shares of Limbach Holdings, Inc. (NASDAQLMB) fell sharply during Thursday’s session after the company reported fourth-quarter financial results and issued FY24 revenue guidance below estimates.
