Core Viewpoint - RumbleOn, Inc. has announced a proposed $10 million registered equity rights offering, with a record date set for November 25, 2024, allowing eligible stockholders to participate on a pro rata basis [1][2]. Group 1: Rights Offering Details - The Rights Offering will distribute non-transferable subscription rights to holders of Class A and Class B Common Stock as of the record date, with each eligible stockholder receiving one subscription right per share held [2]. - The subscription price for the Rights Offering will be set at a 20% discount to either the 30-day or 10-day volume-weighted average price of Class B Common Stock prior to the offering, with the final price yet to be determined [3]. - A binding term sheet has been established with Stone House Capital Management as the backstop investor, ensuring that all shares available will be purchased if the offering is not fully subscribed [4]. Group 2: Supporting Investors - Supporting investors have agreed to purchase all shares available from their pro rata subscription rights in the Rights Offering, ensuring additional support for the offering [5]. Group 3: Company Overview - RumbleOn operates through two segments: a powersports dealership group and an asset-light transportation services provider, making it the largest powersports retail group in the U.S. by revenue and dealership locations [7].

RumbleON, Inc. (RMBL) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -190.91%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the company has no ...

IRVING, Texas, Nov. 6, 2024 /CNW/ - RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn"), today announced that it will release its third quarter 2024 operational and financial results before the market opens on Tuesday, November 12, 2024.The Company has scheduled a conference call and webcast on the same day at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) to discuss its operational and financial results. The call will be hosted by Mike Kennedy, Chief Executive Officer, and Tiffany Kice, Chief Fina ...

Private Label Partnership Drives More Sales Through Fast, Easy Financing and Branded, Lifecycle Marketing NEW YORK, Oct. 29, 2024 /PRNewswire/ -- Octane® (Octane Lending, Inc.®), the fintech revolutionizing the buying experience for major recreational purchases, and RideNow, a RumbleOn company and the largest powersports retailer in North America, announced a partnership to launch branded finance in RideNow's 56 retail stores under the RideNow Finance brand. Effective immediately, RideNow Powersports custom ...

RumbleON, Inc. (RMBL) shares ended the last trading session 11.8% higher at $5.79. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 22.8% gain over the past four weeks. The optimism surrounding RumbleON's stock stems from a more favorable business environment, particularly as the Federal Reserve begins reducing interest rates. This shift is expected to increase consumer spending, benefiting companies like RumbleON t ...

RumbleON, Inc. (RMBL) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.29, delivering a surprise of -222.22%. Over the last four quarters, the company has not been able ...

ABOUT RUMBLEON RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: the RideNow Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry. RideNow Powersports is the largest powersports retail group in the United States (as measured by reported revenue, major unit sales and dealership locations), offering over 500 powersports franchises representing 52 different brands of products. RideNow Powersports sells ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38248 RumbleOn, Inc. (Exact name of registrant as specified in its charter) Nevada 46-3951329 (State or other j ...

RumbleOn, Inc. (NASDAQ:RMBL) Q1 2024 Results Conference Call May 8, 2024 8:00 AM ET Company Participants Tom Zelewski - Vice President, Finance and Treasurer Mike Kennedy - Chief Executive Officer Blake Lawson - Chief Financial Officer Conference Call Participants Eric Wold - B. Riley Securities Seth Basham - Wedbush Securities Mike Baker - D.A. Davidson Kevin Condon - Baird Operator Greetings, and welcome to the RumbleOn Incorporated's First Quarter 2024 Earnings Conference Call. [Operator Instructions] As ...

RumbleOn Reports First Quarter 2024 Financial Results 8.3% Improvement in Adjusted EBITDA on 8.0% Lower Revenue Operating Income of $5.2 Million Versus Operating Loss of $0.7 Million Last Year Exhibit 99.1 Financial and Operational Highlights (compared to last year's first quarter) IRVING, Texas – May 8, 2024 – RumbleOn, Inc. (NASDAQ: RMBL), the "Company" or "RumbleOn", today announced results for the three months ended March 31, 2024. Key Financial Data | | | | First Quarter 2024 | | | First Quarter 2023 | ...