Ridenow Group, Inc. current report, 06 February 2019

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Business Context and Reporting Period

This Form 8-K was filed by RumbleOn, Inc. (not Ridenow Group, Inc.) on February 6, 2019. The registrant is an emerging growth company incorporated in Nevada with principal executive offices in Coppell, Texas. The filing reports a proposed underwritten public offering of Class B Common Stock.

Key Financial Metrics

The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a corporate event rather than periodic financial performance data.

Material Changes

The primary material event is the announcement of a proposed underwritten public offering of Class B Common Stock. The filing states that the offering is subject to market conditions, and there is no assurance regarding the completion, timing, size, or final terms of the offering.

Guidance, Outlook, and Risks

  • Forward-Looking Statements: The document contains forward-looking statements regarding the proposed offering and the intended use of proceeds. These are based on expectations as of the filing date.
  • Uncertainty: Management explicitly states there can be no assurance as to whether or when the offering may be completed.
  • Risk Factors: Investors are directed to the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2017, and subsequent Quarterly Reports on Form 10-Q for a comprehensive list of risks.
  • Update Obligation: The Company undertakes no obligation to publicly update or revise forward-looking statements except as required by law.

Investor Verification Checklist

  • Verify the final terms, size, and pricing of the proposed Class B Common Stock offering once announced.
  • Confirm whether the offering was completed or if it was abandoned due to market conditions.
  • Review the attached Press Release (Exhibit 99.1) for specific details on the intended use of proceeds.
  • Consult the most recent Form 10-K and 10-Q filings for current financial health and risk factors, as this 8-K does not contain financial statements.