8-K
filed January 16, 2025, 6:59 PM ET
ticker RDNW
CIK 0001596961
leadership
confidence high
sentiment neutral
materiality 0.75
RumbleOn CEO Michael Kennedy out; Chairman Michael Quartieri takes over; Nasdaq listing compliance issue
RideNow Group, Inc.
- Michael Kennedy is no longer CEO or board member; Michael Quartieri (Chairman) appointed CEO effective Jan 13, 2025.
- Cameron Tkach promoted to EVP and COO; Becca Polak named Vice Chairman and Lead Independent Director.
- Due to board vacancy from CEO departure, Nasdaq independent majority rule not met; cure period through Jan 13, 2026 or next annual meeting.
- Company recently paid off convertible notes, strengthening balance sheet; focus on growth, profitability, cash flow.
Machine-readable event card
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- secwatch.filing_event.v1
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- 0001596961-25-000006
- form_type
- 8-K
- ticker
- RDNW
- cik
- 0001596961
- company_name
- RideNow Group, Inc.
- filed_at
- 2025-01-16T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:04.116003+00:00
- generated_at
- 2026-05-28T00:02:45.818926+00:00
- sec_items
- ["3.01", "5.02", "8.01", "9.01"]
- event_type
- leadership
- sentiment
- neutral
- materiality_score
- 0.75
- calibrated_materiality_score
- 0.75
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001596961-25-000006
- json_url
- https://secwatch.observer/filing/0001596961-25-000006.json
- markdown_url
- https://secwatch.observer/filing/0001596961-25-000006.md
- text_url
- https://secwatch.observer/filing/0001596961-25-000006.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1596961/000159696125000006/0001596961-25-000006-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1596961/000159696125000006/rmbl-20250113.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
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- false
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Source-grounded claims
69392521a428587baa894730d40cab679d095511
RideNow Group, Inc. received a nasdaq deficiency notice notice regarding board independence (rules 5605(b)(1)).
January 14, 2025, RumbleOn, Inc. (the “Company”) notified the Nasdaq Stock Market, LLC (“Nasdaq”) that the Company is temporarily not in compliance with continued listing requirements as set forth in Nasdaq Listing Rules
SEC 8-K Item 3.01
confidence 0.9
SEC evidence
07e98190b7
Michael Kennedy departed as Chief Executive Officer at RideNow Group, Inc..
On January 13, 2025, the Company announced that Michael Kennedy is no longer Chief Executive Officer (“CEO”) or a member of the Board of the Company.
SEC 8-K Item 5.02
confidence 0.95
SEC evidence
8beb335359
Michael Quartieri was appointed as Chief Executive Officer at RideNow Group, Inc..
The Board appointed Michael Quartieri as CEO of the Company, effective as of January 13, 2025.
SEC 8-K Item 5.02
confidence 0.95
SEC evidence
f9156cb637
Cameron Tkach was appointed as Executive Vice President and Chief Operating Officer at RideNow Group, Inc..
The Board appointed Cameron Tkach, who had been Vice President, Dealership Operations, as Executive Vice President (“EVP”) and Chief Operating Officer (“COO”) of the Company effective as of January 13, 2025.
SEC 8-K Item 5.02
confidence 0.95
SEC evidence
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