RDNW

#3560
RideNow Group, Inc. - Class B Common Stock
5.6 7 USD
-0.04%
Market Price
Sektor: Technologie
Basis: USD
Gewinnwährung: USD
Tagesspanne
5.67
5.67
Jahresspanne
3.20
8.55
Tagesänderung
-3.90%
Monatliche Änderung
-8.55%
6 month change
-10.71%
Jahresänderung
+51.60%
Vorheriger Schlusskurs
5.9 0
Open
5.6 7
Tief
5.6 7
Hoch
5.6 7
Volumen
26
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Financials

Übersicht Finanzbericht Statistik Documents

2026

Current report, Q3 FY2026
Ridenow Group, Inc. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
Ridenow Group, Inc. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
Ridenow Group, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Ridenow Group, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Ridenow Group, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Ridenow Group, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Ridenow Group, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Ridenow Group, Inc. current report, Q1 FY2026
8-K

2025

Annual report, FY2025
Ridenow Group, Inc. annual report, FY2025
10-K
Current report, Q4 FY2025
Ridenow Group, Inc. current report, Q4 FY2025
8-K

Ridenow Group, Inc. current report, Q4 FY2024

Full document

RumbleOn, Inc. Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by RumbleOn, Inc. on December 19, 2024. The filing details the completion of a Backstop Private Placement and the entry into a Registration Rights Agreement following a previously announced rights offering.

Key Financial Metrics and Capital Structure

  • Capital Raised: Approximately $1.5 million raised through the sale of 349,333 shares of Class B common stock at $4.18 per share.
  • Outstanding Shares: Approximately 37,713,298 shares of Class B common stock outstanding following the transaction.
  • Major Shareholders:
    • Stone House Capital Management, LLC: 7,075,815 shares (18.76%)
    • Mark Tkach: 6,842,823 shares (18.14%)
    • William Coulter: 6,749,453 shares (17.90%)
  • Commissions: No underwriting discounts or commissions were paid in connection with the issuance.

Note: This filing does not provide data on revenue, profit, cash flow, operating margins, debt levels, or liquidity metrics.

Material Changes

The primary material change is the issuance of "Backstop Securities" to Stone House Capital Management, LLC (the Standby Purchaser). These shares represent the portion of a $10.0 million rights offering that remained unsubscribed by existing stockholders. Additionally, the Company entered into a Registration Rights Agreement requiring the filing of a resale registration statement within 60 days of filing.

Outlook, Risks, and Management Commentary

The filing confirms the successful closure of the rights offering and the backstop mechanism. The Company has agreed to use commercially reasonable efforts to make the resale registration statement effective as soon as possible. The transaction was executed under Section 4(a)(2) of the Securities Act of 1933, relying on the accredited investor status of the Standby Purchaser. No specific forward-looking guidance or new risk factors were disclosed in this specific report beyond standard transactional provisions.

Investor Verification Checklist

  • Verify the total capital raised from the full $10.0 million rights offering versus the $1.5 million backstop amount.
  • Confirm the dilution impact on existing shareholders given the new total share count of ~37.7 million.
  • Review the full text of the Registration Rights Agreement (Exhibit 10.1) for specific lock-up periods or indemnification terms.
  • Check the press release (Exhibit 99.1) for details on the subscription rate of the original rights offering.