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Vroom, Inc. Secures $10.5M Note Purchase Agreement

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Vroom, Inc. Secures $10.5M Note Purchase Agreement

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Vroom, Inc. ( (VRM) ) has provided an update.

On November 25, 2025, Vroom, Inc. entered into a Note Purchase Agreement with Robert J. Mylod, Jr., the Independent Executive Chair of its board, to support its long-term business strategy. The agreement involves issuing Senior Secured Delayed Draw Notes with a maximum principal commitment of $10.5 million, initially issuing $5 million, to be used for working capital and general corporate purposes, potentially impacting the company’s financial flexibility and operational capabilities.

The most recent analyst rating on (VRM) stock is a Sell with a $17.00 price target. To see the full list of analyst forecasts on Vroom, Inc. stock, see the VRM Stock Forecast page.

Spark’s Take on VRM Stock

According to Spark, TipRanks’ AI Analyst, VRM is a Underperform.

Vroom, Inc. is facing significant financial and technical challenges. The company’s declining revenues, negative profitability, and high leverage are major concerns. Technical indicators also suggest bearish momentum. The negative P/E ratio and lack of dividend yield further contribute to a low valuation score. These factors collectively result in a low overall stock score.

To see Spark’s full report on VRM stock, click here.

More about Vroom, Inc.

Vroom, Inc. operates in the automotive industry, focusing on the online sale of used vehicles and related services.

Average Trading Volume: 2,573

Technical Sentiment Signal: Strong Sell

Current Market Cap: $106.2M

Find detailed analytics on VRM stock on TipRanks’ Stock Analysis page.

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