{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-21-046757","form_type":"8-K","ticker":"RDNW","cik":"0001596961","company_name":"RideNow Group, Inc.","filed_at":"2021-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.737171+00:00","generated_at":"2026-06-29T05:31:46.327337+00:00","sec_items":["1.01","2.01","2.03","3.02","5.02","5.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RumbleOn completes $400.4M acquisition of RideNow Powersports, creates largest US powersports retailer","bullets":["RideNow equity holders received $400.4M cash and 5,833,333 RumbleOn Class B shares.","Acquisition funded by $167.3M public offering (5,053,029 shares) and $280M new term loan facility.","New Credit Agreement includes $280M term loan and $120M delayed draw; interest rate LIBOR + 8.25% or base + 7.25%.","Board expanded to nine directors; RideNow co-founders William Coulter and Mark Tkach appointed as directors and executive officers.","Employment agreements signed with five executives: Chesrown, Coulter, Tkach, Levy ($500K salary) and Rath ($220K salary); annual bonus up to 125%/100% of salary."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-21-046757","json":"https://secwatch.observer/filing/0001213900-21-046757.json","markdown":"https://secwatch.observer/filing/0001213900-21-046757.md","text":"https://secwatch.observer/filing/0001213900-21-046757.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1596961/000121390021046757/0001213900-21-046757-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1596961/000121390021046757/ea146879-8k_rumbleoninc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T05:31:46.327337+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b0f1f7ddb","claim":"William Coulter was appointed as Executive Officer at RideNow Group, Inc..","evidence_excerpt":"Also, effective August 31, 2021, Mr. Coulter and Mr. Tkach were appointed executive officers of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390021046757/0001213900-21-046757-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"4e9d65c165","claim":"Mark Tkach was appointed as Executive Officer at RideNow Group, Inc..","evidence_excerpt":"Also, effective August 31, 2021, Mr. Coulter and Mr. Tkach were appointed executive officers of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390021046757/0001213900-21-046757-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"7469b19a60","claim":"William Coulter was appointed as Director at RideNow Group, Inc..","evidence_excerpt":"appointed William Coulter and Mark Tkach each as a director of the Company effective August 31, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390021046757/0001213900-21-046757-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"cfa1201869","claim":"Mark Tkach was appointed as Director at RideNow Group, Inc..","evidence_excerpt":"appointed William Coulter and Mark Tkach each as a director of the Company effective August 31, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390021046757/0001213900-21-046757-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}