8-K
filed December 13, 2024, 6:59 PM ET
ticker RDNW
CIK 0001596961
other material
confidence high
sentiment neutral
materiality 0.60
RumbleOn raises ~$9M net in rights offering; backstop buys 349K unsubscribed shares
RideNow Group, Inc.
- 2,043,011 shares subscribed at $4.18/share; net proceeds estimated at $9.0M.
- Stone House Capital (director-affiliated) to purchase 349,333 unsubscribed shares via backstop; closes Dec 19.
- Proceeds for general purposes including possible repayment of 6.75% convertible notes due Jan 2025 and Oaktree obligations.
- Expects ~37.7M Class B shares outstanding after completion.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001596961-24-000120
- form_type
- 8-K
- ticker
- RDNW
- cik
- 0001596961
- company_name
- RideNow Group, Inc.
- filed_at
- 2024-12-13T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:08.918349+00:00
- generated_at
- 2026-05-29T03:36:38.325552+00:00
- sec_items
- ["8.01", "9.01"]
- event_type
- other_material
- sentiment
- neutral
- materiality_score
- 0.6
- calibrated_materiality_score
- 0.6
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001596961-24-000120
- json_url
- https://secwatch.observer/filing/0001596961-24-000120.json
- markdown_url
- https://secwatch.observer/filing/0001596961-24-000120.md
- text_url
- https://secwatch.observer/filing/0001596961-24-000120.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1596961/000159696124000120/0001596961-24-000120-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1596961/000159696124000120/rmbl-20241213.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
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