Vroom Inc. files for Ch. 11 bankruptcy, plans to restructure debt ...
9 hours ago · Vroom's initial Chapter 11 petition lists more than $43.8 million of total assets and more than $304.6 million of total debts. The move comes after Vroom winded down its e-commerce used-vehicle ...
Vroom Announces Equity-for-Debt Recapitalization - Yahoo Finance
2 days ago · NEW YORK, November 12, 2024--Vroom, Inc. (Nasdaq: VRM), a leading automotive finance company and an AI-powered analytics and digital services platform for automotive retail, today announced that ...
Car Financing Firm Vroom Files for Chapter 11 in Texas - Yahoo …
2 days ago · Car Financing Firm Vroom Plans to File Chapter 11 to Revamp Debt. (Bloomberg) -- Automotive financing provider Vroom, Inc. plans to file a prepackaged reorganization under Chapter 11 in US ...
Vroom Announces Third Quarter 2024 Results | Vroom, Inc.
NEW YORK -- (BUSINESS WIRE)--Nov. 12, 2024-- Vroom, Inc. (Nasdaq:VRM) today announced financial results for the third quarter ended September 30, 2024. HIGHLIGHTS OF THIRD QUARTER 2024. $51.1 million cash and cash equivalents as of September 30, 2024. $32.9 million of liquidity available to UACC under the warehouse credit facilities.
Vroom announces decision to enter a RSA with holders of its debt
3 days ago · TipRanks. Nov. 12, 2024, 03:39 PM. Vroom (VRM) announced that it has made the strategic decision to enter into a Restructuring Support Agreement, RSA, with holders of an overwhelming majority of ...
Vroom (VRM) to File Chapter 11 Bankruptcy - Bloomberg
2 days ago · Vroom filed for Chapter 11 in the Southern District of Texas court. It listed assets of $43.8 million against total debt of $304.6 million in its petition. Have a confidential tip for our reporters?
Vroom, Once an Automotive Darling, Files for Bankruptcy - WSJ
1 day ago · Photo: GABBY JONES/Bloomberg News. Automotive financing and analytics provider Vroom has filed for bankruptcy with a plan backed by its largest creditor, Mudrick Capital Management, to restructure ...
Vroom announces decision to enter into RSA with holders of its …
2 days ago · Vroom (NASDAQ: VRM) on Tuesday said it has decided to enter into a Restructuring Support Agreement (RSA) with holders of an overwhelming majority of its outstanding funded debt and its largest ...
Vroom, Inc. (VRM) Latest Stock News & Headlines - Yahoo Finance
Get the latest Vroom, Inc. (VRM) stock news and headlines to help you in your trading and investing decisions.
Car Financing Firm Vroom Files for Chapter 11 in Texas - Bloomberg Law News
2 days ago · Vroom filed for Chapter 11 in the Southern District of Texas court. It listed assets of $43.8 million against total debt of $304.6 million in its petition. Under the firm’s plan, Vroom’s $290 million of unsecured convertible senior notes due in 2026 will be restructured into equity.