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0001104659-25-015437
Stake: 76.50%
Shares: 3,952,231
CUSIP: 92918V307
Class: Common Stock, par value $0.001 per share
Item 4 — Purpose of Transaction
This Item 4 of the Schedule 13D is amended and supplemented as follows: On February 18, 2025, Mr. Mudrick entered into a board observer agreement (the "Board Observer Agreement") with the Issuer. Pursuant to the terms and conditions of the Board Observer Agreement, Mr. Mudrick may attend meetings of the Board of Directors of the Company and its committees as a non-voting observer, subject to certain exceptions. The Board Observer Agreement requires the Company to reimburse Mr. Mudrick for the reasonable and documented out-of-pocket expenses, including, but not limited to, travel expenses, incurred by Mr. Mudrick in connection with attending meetings of the Board and/or its committees. Mr. Mudrick is not entitled to any fees in connection with his role as an observer. Mr. Mudrick's rights as an observer may be terminated (i) by the vote of a majority of the Board, upon 30 days' notice or (ii) by Mr. Mudrick, in his sole discretion. The foregoing description of the Board Observer Agreement does not purport to be complete and is qualified in its entirety by reference to the full text thereof, which is filed as Exhibit 1 to this Amendment 1.
Cross-References
Insider Activity (last 365d)
0 transactions
0 buys · 0 sales · 0 awards/exercises
Issuer Cluster
2 13D/G filings on this issuer
1 other filing besides this one
Filer Track Record
3 filings by this filer
2 other filings in the data moat
Short Interest · settle 2026-03-31
DTC 8.94
12,825 shares short · +1.1% vs prior
Other 13D/G Filings on Vroom, Inc.
| Filed | Form | Filer | Stake | Shares | |
| 2025-01-16 |
SCHEDULE |
CGP2 Managers, L.L.C. |
90.00% |
45,464 |
view → |
Other Filings by Mudrick Capital Management, L.P.
| Filed | Form | Issuer | Stake | Shares | |
| 2025-01-28 |
SCHEDULE |
Vertical Aerospace Ltd. EVTWF |
73.80% |
93,274,109 |
view → |
| 2018-04-30 |
SC |
Globalstar, Inc. GSAT |
— |
— |
view → |
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