---
schema_version: "secwatch.filing_event.v1"
accession: "0001596961-24-000117"
form_type: "8-K"
ticker: "RDNW"
cik: "0001596961"
company_name: "RideNow Group, Inc."
filed_at: "2024-12-06T23:59:59+00:00"
generated_at: "2026-05-29T06:32:03.844521+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# RumbleOn enters $16M floor plan facility with Tkach and Coulter for pre-owned powersports inventory

## Summary
- RumbleOn Dealers, as borrower, secured $16M revolving credit facility from lenders Mark Tkach and William Coulter.
- Interest at term SOFR + 5.00%; facility matures April 1, 2026 unless extended.
- Facility secured by first-priority lien on pre-owned powersports vehicle inventory.
- Proceeds used to acquire pre-owned motorcycles, ATVs, and UTVs for RumbleOn's sales floor.

## SEC filing metadata
- accession: 0001596961-24-000117
- form_type: 8-K
- ticker: RDNW
- cik: 0001596961
- company_name: RideNow Group, Inc.
- filed_at: 2024-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596961/000159696124000117/0001596961-24-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596961/000159696124000117/rmbl-20241206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596961-24-000117
- JSON: https://secwatch.observer/filing/0001596961-24-000117.json
- Plain text: https://secwatch.observer/filing/0001596961-24-000117.txt

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