Vroom (VRM) Announces Launch of 9M Share Follow-On Offering
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Vroom Announces Launch of Follow-On Offering
September 8, 2020 4:25 PM EDTNEW YORK--(BUSINESS WIRE)-- Vroom, Inc. (Nasdaq: VRM) (Vroom), a leading e-commerce platform for buying and selling used vehicles, today announced that it has commenced an underwritten public offering of its common stock. Vroom is offering 9,000,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the SEC). Vroom expects to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of its common stock at the public offering price, less the underwriting discount.
Goldman Sachs & Co. LLC, BofA Securities,... More
