---
schema_version: "secwatch.filing_event.v1"
accession: "0001596961-23-000049"
form_type: "8-K"
ticker: "RDNW"
cik: "0001596961"
company_name: "RideNow Group, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:42:41.920261+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RumbleOn sets subscription price of $5.50 per share for $100M rights offering

## Summary
- Subscription price of $5.50 per share for previously announced $100 million rights offering.
- Non-transferable rights distributed to holders of Class A and Class B common stock as of Nov 13, 2023.
- Each right entitles purchase of 1.078444 shares of Class B common stock; period Nov 13-28, 2023.
- Rights offering fully backstopped via standby purchase agreement with certain stockholders.
- Registration statement filed but not yet effective; offering subject to SEC effectiveness.

## SEC filing metadata
- accession: 0001596961-23-000049
- form_type: 8-K
- ticker: RDNW
- cik: 0001596961
- company_name: RideNow Group, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596961/000159696123000049/0001596961-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596961/000159696123000049/rmbl-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596961-23-000049
- JSON: https://secwatch.observer/filing/0001596961-23-000049.json
- Plain text: https://secwatch.observer/filing/0001596961-23-000049.txt

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