RumbleOn appoints Mark Cohen to board; Cohen is Stone House managing partner with $50M standby purchase deal

RideNow Group, Inc.

Mark Cohen appointed Class I director, term through 2025 annual meeting, filling Shin Lee's vacancy (resigned July 29).
Cohen is managing partner of Stone House Capital Management, significant stockholder with $50M standby purchase agreement.
Board determined Cohen independent; he will serve on Compensation Committee.
Appointment exercised Stone House's nomination right under August 8 standby purchase agreement for rights offering.
Standby purchase agreement commits Stone House to buy unsubscribed shares up to $50M.

item 5.02 item 9.01

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Appointed

Mark Cohen

Class I director

RDNW · RideNow Group, Inc.

Effective: 2023-08-30
Filed: September 5, 2023, 7:59 PM ET

On August 30, 2023, the Board of Directors (the “Board”) of RumbleOn, Inc. (the “Company” or “RumbleOn”) appointed Mark Cohen as a Class I director of the Company to fill the vacant seat created by Shin Lee’s resignation from the Board on July 29, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Cohen was appointed as Class I director at RideNow Group, Inc..

Action: appointed
Role: Class I director

Exact text from the filing

On August 30, 2023, the Board of Directors (the “Board”) of RumbleOn, Inc. (the “Company” or “RumbleOn”) appointed Mark Cohen as a Class I director of the Company to fill the vacant seat created by Shin Lee’s resignation from the Board on July 29, 2023.

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RideNow Group, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-073931

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