Ridenow Group, Inc. current report, 26 May 2023

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RumbleOn, Inc. Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by RumbleOn, Inc. (formerly Ridenow Group, Inc.) on May 26, 2023. The filing announces the submission of a preliminary proxy statement to the Securities and Exchange Commission (SEC) in preparation for the Company's 2023 Annual Meeting of Stockholders, scheduled for July 14, 2023.

Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a procedural filing regarding corporate governance and does not contain financial performance data.

Material Changes

No material financial changes versus the prior comparable period are reported in this document. The primary event is the administrative filing of the preliminary proxy statement.

Guidance, Outlook, and Risks

  • Management Commentary: The Company urges shareholders to read the proxy statement and other relevant materials when available, as they contain important information regarding the Annual Meeting.
  • Forward-Looking Statements: The report includes standard disclaimers that forward-looking statements are based on current expectations and are subject to risks and uncertainties. The Company undertakes no obligation to update these statements.
  • Participants: RumbleOn and certain directors and executive officers are deemed participants in the proxy solicitation. Details regarding their interests are available in the Company's 2022 Form 10-K and the definitive proxy statement.

Key Facts for Investor Verification

  • Verify the date and agenda of the 2023 Annual Meeting of Stockholders (July 14, 2023).
  • Review the definitive proxy statement once filed to understand specific proposals and director interests.
  • Confirm the Company's name change from Ridenow Group, Inc. to RumbleOn, Inc. and its current trading symbol (RMBL) on Nasdaq.
  • Check the SEC website or the Company's investor relations page for the full text of the preliminary proxy statement and the attached press release (Exhibit 99.1).