LAZYDAYS ANNOUNCES RECORD DATE FOR RIGHTS OFFERING

Core Viewpoint - Lazydays Holdings, Inc. has announced a rights offering to raise capital, with a record date set for January 13, 2025, and an expected gross proceeds of $25 million if fully subscribed [1][4]. Group 1: Rights Offering Details - Holders of Common Stock will receive one non-transferable right for every share owned as of the record date, allowing them to purchase 1.27 shares at a subscription price of$1.03 per share [2]. - The rights consist of a Basic Subscription Right and an Over-Subscription Right, with the Basic Subscription Rights distributed in proportion to holdings on the record date [3]. - The rights will expire on February 5, 2025, unless exercised earlier, and the company may extend this period [5]. Group 2: Use of Proceeds - The net proceeds from the rights offering are expected to be used for working capital and general corporate purposes, including repayment of indebtedness [6]. Group 3: Trading and Listing Information - Shares issued upon exercise of the rights will be listed for trading on Nasdaq under the symbol "GORV," while the rights themselves will not be transferable or listed on any exchange [7]. Group 4: Company Background - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [12]. - The company offers a wide selection of RV brands, state-of-the-art service facilities, and a range of accessories, making it a go-to destination for RV enthusiasts [13].