secwatch.observer — SEC 8-K summary
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Issuer:     RideNow Group, Inc. (RDNW)
CIK:        0001596961
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001213900-23-068608
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RumbleOn issues 1.21M warrants to Oaktree lenders at $12.00 per share
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- Warrants for 1,212,121 shares of Class B common stock issued to lenders under Amendment No. 5 to Oaktree credit agreement.
- Exercise price of $12.00 per share; warrants exercisable immediately for cash, later cashless if conditions met.
- Warrants expire on the fifth anniversary of issuance (August 14, 2028).
- Amendment No. 5 eliminated or modified certain financial covenants for specified quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596961/000121390023068608/0001213900-23-068608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596961/000121390023068608/ea183838-8k_rumbleon.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-068608

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