Vroom Raises $22.5 Million via New Preferred Units

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

On January 16, 2026, Vroom Automotive LLC, a subsidiary of Vroom, Inc., issued 15,000 Series A preferred units and 7,500 Series B preferred units to SPE Holdings 2026-1 for total gross proceeds of $22.5 million under a new preferred unit purchase agreement and an amended and restated LLC agreement that set the terms for these securities. The new preferred units carry quarterly preferential distributions tied to the 90-day average SOFR plus significant spreads—8.25% for Series A and 9% for Series B—with the Series B units convertible into common units at the holder’s option, while Series A remain non-convertible; Vroom Automotive plans to use the capital for general corporate purposes, strengthening its liquidity and financial flexibility for ongoing operations and strategic initiatives.

The most recent analyst rating on (VRM) stock is a Sell with a $17.50 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 Neutral.

The score is driven primarily by weak financial performance—sharp revenue contraction, persistent losses, and high leverage—partly offset by a recent shift to positive operating and free cash flow. Technicals add pressure with the stock trading below key moving averages and negative momentum. Valuation contributes little support given the negative P/E and no dividend yield data.

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

More about Vroom, Inc.

Vroom, Inc., through its subsidiary Vroom Automotive LLC, holds intellectual property licenses and other financial assets, positioning it as a financial and asset-holding arm within the broader automotive-focused business structure.

Average Trading Volume: 2,674

Technical Sentiment Signal: Strong Sell

Current Market Cap: $91.77M

See more insights into VRM stock on TipRanks’ Stock Analysis page.