VRM - Vroom files to sell $300M worth of securities
Vroom ( NASDAQ: VRM ) traded lower early on Monday after the company filed a mixed shelf offering of $300M.
The filing gives online automobile retailer Vroom ( VRM ) the right to sell from time to time a mix of stock, preferred stock, debt securities, warrants, or units.
Shares of Vroom ( VRM ) fell 3.37% in early trading to $1.72 vs. the 52-week trading range of $1.03 to $26.61.
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Vroom files to sell $300M worth of securities