debt
confidence high
sentiment neutral
materiality 0.70
RumbleOn repays $38.75M convertible notes, raises $30M in capital transactions
RideNow Group, Inc.
- Fully repaid $38.75M of 6.75% convertible senior notes due Jan 1, 2025, plus accrued interest.
- Completed Ninth Amendment Capital Raise Transactions on Dec 31, 2024, receiving $30M gross proceeds.
- Capital raise included Ninth Amendment Equity Issuance, Floor Plan Financing, and SLB under Amendment No. 9.