Director Marshall Chesrown resigns from RumbleOn board with dispute, plans legal claims

RideNow Group, Inc.

Marshall Chesrown resigned as director effective July 7, 2023, citing disagreements over corporate governance and disclosure actions.
Chesrown's resignation letter indicates intent to pursue legal claims against the Company, Board, and certain members.
Company formally disagrees with the allegations and assertions in Chesrown's resignation letter.
Resignation letter filed as Exhibit 17.1 to the Form 8-K.

item 5.02 item 9.01

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Departed

Marshall Chesrown

Director

RDNW · RideNow Group, Inc.

Effective: 2023-07-07
Filed: July 12, 2023, 7:59 PM ET

On July 7, 2023, Marshall Chesrown provided the Board of Directors (the “Board”) of RumbleOn, Inc. (the “Company”) a letter of resignation (the “Resignation Letter”) as a director of the Company effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Marshall Chesrown resigned as Director at RideNow Group, Inc..

Action: resigned
Role: Director

Exact text from the filing

On July 7, 2023, Marshall Chesrown provided the Board of Directors (the “Board”) of RumbleOn, Inc. (the “Company”) a letter of resignation (the “Resignation Letter”) as a director of the Company effective immediately.

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RideNow Group, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-056327

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