On April 22, 2026, Getaround’s subsidiaries agreed to sell, and effective April 30, 2026 consummated the sale of, the company’s European car-sharing business to Denmark-based GoMore ApS for approximately 31.5 million euros in cash and a non-interest-bearing promissory note, plus up to 2.3 million euros in additional tax-credit receivables. The deal includes customary indemnities tied to the note and follows Getaround’s previously announced February 7, 2025 decision to wind down its U.S. operations, marking a major step in its broader exit from operating businesses.
In a related April 8, 2026 agreement, major creditor Mudrick Capital consented to the European sale and, upon closing, treated a prior super priority secured promissory…