{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-065854","form_type":"8-K","ticker":"RDNW","cik":"0001596961","company_name":"RideNow Group, Inc.","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.485283+00:00","generated_at":"2026-06-11T14:31:12.626347+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RumbleOn announces $100M rights offering backstopped by existing holders to repay debt","bullets":["Rights offering of $100M in Class B common stock to holders of Class A, Class B, and certain warrants.","Backstop purchasers Tkach, Coulter, Stone House commit to buy unsubscribed shares; no fee.","Subscription price capped at $6.15 per share; final terms and record date not yet set.","Net proceeds to repay debt under amended credit facility and fund growth/possible acquisitions.","Rights offering expected to close Q4 2023 after SEC registration effective."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-065854","json":"https://secwatch.observer/filing/0001213900-23-065854.json","markdown":"https://secwatch.observer/filing/0001213900-23-065854.md","text":"https://secwatch.observer/filing/0001213900-23-065854.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023065854/0001213900-23-065854-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023065854/ea183324-8k_rumbleon.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T14:31:12.626347+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":"497b6f045ec8b700489cbb3392b2d3e2dc422240","claim":"RideNow Group, Inc. entered into Standby Purchase Agreement with Mark Tkach, William Coulter and Stone House Capital Management, LLC (effective 2023-08-08).","evidence_excerpt":"On August 8, 2023 (the “Effective Date”), RumbleOn, Inc., a Nevada corporation (the “Company” or “RumbleOn”), entered into a Standby Purchase Agreement (the “Purchase Agreement”) with Mark Tkach (“Tkach”), William Coulter (“Coulter”) and Stone House Capital Management, LLC, a Delaware limited liability company (“Stone House” and, collectively with Tkach and Coulter, the “Standby Purchasers”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000121390023065854/0001213900-23-065854-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Mark Tkach, William Coulter and Stone House Capital Management, LLC"},{"label":"Effective","value":"2023-08-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}