RideNow Group, Inc 8-K, filed Jul 27, 2020
RideNow Group, Inc. (RDNW)
8-K
2020-07-27
For: 2020-07-23
View Original
Added on
April 12, 2026
About this 8-K
RideNow Group, Inc filed this 8-K on July 27, 2020, reporting on events of July 23, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 23,
2020
RumbleOn, Inc.
(Exact name of registrant as specified in its charter)
|
Nevada
|
001-38248
|
46-3951329
|
|
(State
or Other Jurisdiction of
Incorporation)
|
(Commission File
Number)
|
(I.R.S.
Employer Identification
No.)
|
|
901 W. Walnut
Hill Lane Irving,
Texas
|
75038
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
(469) 250-1185
(Registrant’s Telephone Number, Including Area
Code)
(Former Name or Former Address, If Changed Since Last
Report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2
(b))
☐ Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4
(c))
Securities
registered pursuant to Section 12(b) of the Act:
|
Title of each class
|
Trading Symbol(s)
|
Name
of each exchange on which registered
|
|
Class B
Common Stock, $0.001 par value
|
RMBL
|
The
Nasdaq Stock Market LLC
|
Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging
growth company ☐
If an
emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On July
23, 2020, RumbleOn, Inc. issued a press release announcing the
registration of over 100 dealers in 29 states for the new
RumbleOn.com 3.0. A copy of the press release is attached as
Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits
|
Exhibit No.
|
Exhibit Description
|
|
RumbleOn, Inc. Press Release dated July 23, 2020
|
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
RUMBLEON,
INC.
|
|
|
|
|
|
|
|
|
Date: July 27,
2020
|
By:
|
/s/
Steve
R. Berrard
|
|
|
|
|
Steven R.
Berrard
|
|
|
|
|
Chief Financial
Officer
|
|
Exhibit 99.1
RUMBLEON REGISTERS OVER 100 DEALERS IN 29 STATES FOR THE NEW
RUMBLEON.COM 3.0
JULY 23, 2020
Provides Powersport Dealers with Online Transaction
Capabilities
DALLAS--(BUSINESS
WIRE)-- RumbleOn (NASDAQ: RMBL), the e-commerce company using
innovative technology to simplify how dealers and consumers buy,
sell, trade or finance pre-owned vehicles, today announced it has
registered over 100 dealership locations in 29 states representing
thousands of new and used powersports listings to participate in
its upcoming launch of RumbleOn.com 3.0 in early August.
RumbleOn’s technology and distribution network will enable
these brick and mortar dealerships to reach online buyers anywhere
in the country.
Across
the country, franchise dealerships for major manufacturers
including, but not limited to, Polaris, Harley-Davidson, Yamaha,
Kawasaki, Suzuki, Ducati, and Indian, and independent preowned
dealerships alike are looking to RumbleOn.com 3.0 to significantly
improve and accelerate their online presence.
“We
are extremely encouraged that dealers across the country are
quickly embracing RumbleOn 3.0. The strong traction of RumbleOn 3.0
clearly demonstrates the massive opportunity ahead of us. Dealers
need to strengthen their online presence to stay competitive and
RumbleOn has the tools to enable their success,” said
RumbleOn Chief Executive Officer Marshall Chesrown. “We are
confident our easy-to-use technology will drive quality leads to
participating dealers for use in efficient and transparent online
cash offer, pre-qualified financing, and wholesale inventory
transactions. Dealers around the country are choosing
RumbleOn’s technology solutions,” Chesrown
concluded.
Powersport
dealers across the following 29 states are already registered to
participate in the August launch of RumbleOn.com 3.0:
Arizona,
Arkansas, California, Colorado, Florida, Georgia, Illinois,
Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland,
Massachusetts, Missouri, Nevada, New Hampshire, New Mexico, New
York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South
Carolina, Tennessee, Texas, Washington, and West
Virginia.
About RumbleOn
RumbleOn
(NASDAQ: RMBL) is an e-commerce company that uses innovative
technology to simplify how dealers and customers buy, sell, trade,
or finance pre-owned vehicles through RumbleOn’s 100% online
marketplace. Leveraging its capital-light network of regional
partnerships and innovative technological solutions, RumbleOn is
disrupting the old-school pre-owned vehicle supply chain by
providing dealers with technology solutions and consumers with an
efficient, timely and transparent transaction experience. For more
information, please visit http://www.rumbleon.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain “forward-looking
statements” as that term is defined under the Private
Securities Litigation Reform Act of 1995 (PSLRA), which statements
may be identified by words such as “expects,”
“projects,” “will,” “may,”
“anticipates,” “believes,”
“should,” “intends,”
“estimates,” and other words of similar meaning.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which are based on RumbleOn’s
expectations as of the date of this report and speak only as of the
date of this report and are advised to consider the factors listed
under the heading “Forward-Looking Statements” and
“Risk Factors” in RumbleOn’s SEC filings, as may
be updated and amended from time to time. RumbleOn undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
Investor
Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com
Source:
RumbleOn, Inc