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Vroom (NYSE:VRM), a leading automotive finance and AI-powered analytics company, announced that its warrants will begin trading on the OTCQX® Best Market under the symbol "VRMMW" starting July 7, 2025.
These warrants were initially issued on January 14, 2025 as part of the company's recapitalization, with shareholders receiving one warrant for each share of new common stock. The warrants allow holders to purchase a total of 364,516 shares at an exercise price of $60.95 per share. They are immediately exercisable and will expire five years from issuance.
["Warrants provide existing shareholders with additional investment opportunities", "Listing on OTCQX® Best Market provides liquidity for warrant holders"]