Getaround, INC

Market Movers (8-K)

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Getaround, Inc. has officially filed a Certificate of Dissolution, signaling the end of its corporate existence and indicating no expected residual distributions to stockholders.
Worse than expected
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Getaround, Inc. has appointed Mauricio Rivera as Chief Restructuring Officer and acting principal executive and financial officer, effective July 14, 2025, as the company proceeds with the wind-down of its U.S. business operations.
Worse than expected
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Getaround, Inc. reported the resignation of Nikul Patel from its Board of Directors, effective June 26, 2025, with the company stating the departure was not due to any disagreement with management.
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Getaround, Inc. announces its common stock will move from the OTCQB market to the OTC Pink Market, effective May 19, 2025.
Worse than expected
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Ravi Narula resigned from Getaround's Board of Directors on May 2, 2025, with no indication of disagreement with management.
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Getaround, Inc. announces the wind-down of its U.S. business operations, including car-share and HyreCar, to focus on its European car-sharing business due to ongoing liquidity challenges.
Worse than expected

Quarterly Earnings (10-Q)

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Getaround Inc.'s Q3 2024 results reveal a challenging quarter marked by revenue decline, cost management efforts, and significant financial restructuring, including a delisting from the NYSE.
Worse than expected
Delay expected
Capital raise
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Getaround's Q2 2024 results show a mixed picture with revenue challenges, cost reductions, and significant financial adjustments, alongside a delisting from the NYSE.
Worse than expected
Capital raise
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Getaround's Q1 2024 results show a 49% increase in total revenue year-over-year, driven by the HyreCar acquisition and strategic pricing adjustments, despite a net loss of $30.9 million.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

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Getaround, Inc. has filed an amendment to its annual report to include previously omitted information regarding directors, executive compensation, and corporate governance.
Delay expected
Capital raise
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Getaround, Inc.'s 10-K filing details its financial performance, operational risks, and strategic initiatives, including a recent decision to suspend operations in New York State.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Mudrick Capital Management, L.P. reports significant adjustments to its beneficial ownership of Getaround, Inc. common stock and convertible notes.
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Mudrick Capital Management, L.P. reports significant changes in beneficial ownership of Getaround, Inc. (GETR) common stock following a conversion of convertible notes.
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Spencer D. Jackson, General Counsel & Secretary of Getaround, Inc., disposed of shares to cover tax obligations related to the settlement of restricted stock units.
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InterPrivate Acquisition Management II, LLC distributed shares and warrants of Getaround, Inc. to its members on a pro rata basis on August 19, 2024.
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Spencer D. Jackson, General Counsel & Secretary of Getaround, Inc., reports the sale of common stock to cover tax obligations related to vested restricted stock units (RSUs).
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Chief Financial Officer of Getaround, Thomas Alderman, reports the sale of common stock to cover tax obligations related to vested restricted stock units.

Proxy Statements (Def-14A)

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Getaround, Inc. is seeking stockholder approval to dissolve the company and implement a plan of liquidation as it has no significant business prospects or material assets.
Worse than expected
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Getaround is holding its 2024 Annual Meeting of Stockholders virtually on July 31, 2024, to vote on key proposals including a reverse stock split, director elections, and amendments to its equity incentive plan.
Capital raise

New Public Companies (S-1)

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Getaround, Inc. has filed an amendment to its S-1 registration statement, covering the potential issuance of common stock upon warrant exercises and resale of existing securities by selling securityholders.
Worse than expected
Capital raise
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Getaround seeks to register the issuance of up to 16.8 million shares and the resale of up to 127.5 million shares and 11.6 million warrants, as detailed in its S-1/A filing with the SEC.
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Getaround, Inc. files an amendment to its S-1 registration statement, covering the potential issuance of common stock and warrants, primarily to satisfy registration rights granted to selling securityholders.
Worse than expected
Capital raise

Schedule 13D - Activist Investments

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Mudrick Capital Management, L.P. and affiliated entities have filed an amendment to their Schedule 13D, reporting a significant beneficial ownership stake in Getaround, Inc. and indicating support for the company's dissolution and wind-down.
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Mudrick Capital Management has entered into an agreement to convert debt into equity to facilitate the orderly liquidation and wind-down of Getaround, Inc.
Capital raise
Worse than expected