---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-076703"
form_type: "8-K"
ticker: "RDNW"
cik: "0001596961"
company_name: "RideNow Group, Inc."
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:36:16.031283+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# RumbleOn completes sale-leaseback of eight properties for $49.1M, reduces debt

## Summary
- Sold 8 of 9 properties for aggregate purchase price of $49,068,844; remaining property expected to close later.
- Net cash proceeds of ~$48.2M after taxes, expenses, and fees; proceeds remitted to Oaktree Fund Administration to reduce outstanding Term Loan debt.
- Entered into Unitary Master Lease Agreement to lease back the sold properties from the buyer.
- No material relationships between company and buyer or its affiliates, officers, or directors.

## SEC filing metadata
- accession: 0001213900-23-076703
- form_type: 8-K
- ticker: RDNW
- cik: 0001596961
- company_name: RideNow Group, Inc.
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596961/000121390023076703/0001213900-23-076703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596961/000121390023076703/ea185240-8k_rumbleoninc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-076703
- JSON: https://secwatch.observer/filing/0001213900-23-076703.json
- Plain text: https://secwatch.observer/filing/0001213900-23-076703.txt

## Key facts
- M&A Transactions
  RideNow Group, Inc. completed a disposition (closed 2023-09-08).
  - Action: disposition
  - Closing: 2023-09-08
  source text: On September 8, 2023, the Company completed the sale of eight of the Properties (the “Sold Properties”) for an aggregate purchase price of $49,068,844.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596961/000121390023076703/0001213900-23-076703-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.