Core Viewpoint - Lazydays Holdings, Inc. plans to delist its common stock from The Nasdaq Capital Market, with the delisting expected to be effective on or about November 28, 2025, following the completion of necessary notifications to Nasdaq and the SEC [1][4]. Group 1: Delisting and Asset Sale - The company entered into an Asset Purchase Agreement with affiliates of Campers Inn Holding Corporation to sell substantially all of its assets, with stockholder approval received on October 14, 2025 [2]. - The Asset Sale is anticipated to occur between November 17, 2025, and November 26, 2025, after which the company will wind up its remaining assets and liabilities under a Plan of Liquidation and Dissolution [2][3]. - The decision to delist is based on the burdens of operating as a listed public company outweighing the benefits, particularly due to substantial operating losses and limited cash resources [3]. Group 2: Financial Condition and Future Outlook - The company has substantial secured and unsecured indebtedness and is unable to refinance this debt, leading to the expectation that it will not be able to repay all unsecured creditors after the Asset Sale [3]. - The company anticipates that the purchase price from the Asset Sale will primarily be used to repay its indebtedness and obligations [3]. - Following the completion of the Asset Sale, the company will not have ongoing operations and does not expect to provide any return to stockholders due to their junior priority relative to creditors [3]. Group 3: Compliance and Future Operations - The company expects that ongoing compliance with Nasdaq rules will not be feasible after the Asset Sale [3]. - There are no arrangements for the common stock to be listed or registered on another national securities exchange, and there is no assurance that trading will continue in any over-the-counter market [4].

Core Viewpoint - Lazydays Holdings, Inc. has announced a reverse stock split of its common stock at a ratio of 1-for-30 to increase its per share market price and regain compliance with Nasdaq listing requirements [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split took effect on July 11, 2025, and the adjusted shares will begin trading on July 14, 2025, under the existing symbol "GORV" [1]. - Every 30 shares of common stock will be combined into one new share, with no fractional shares issued; any fractional shares will be rounded up to the nearest whole number [3]. - The company's transfer agent, Continental Stock Transfer & Trust Company, will manage the exchange process, and stockholders in book-entry form will not need to take action [4]. Group 2: Company Background - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [5]. - 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 [6]. - Lazydays is publicly listed on the Nasdaq stock exchange under the ticker "GORV" [7].

Core Viewpoint - Lazydays Holdings, Inc. has announced a reverse stock split of its common stock at a ratio of 1-for-30, effective July 11, 2025, to increase its per share market price and regain compliance with Nasdaq listing requirements [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will combine every 30 shares of common stock into one new share, with no fractional shares issued [3]. - The reverse stock split is intended to help the company meet the minimum bid price requirement for continued listing on The Nasdaq Capital Market [3]. - Stockholders' percentage ownership will not change significantly, except for minor adjustments due to rounding [3]. Group 2: Shareholder Approval and Implementation - The reverse stock split was approved by stockholders at the Annual Meeting held on July 3, 2025, with a proposed ratio of at least 1-for-2 and up to 1-for-30 [2]. - The company's transfer agent, Continental Stock Transfer & Trust Company, will manage the exchange process for the reverse stock split [4]. Group 3: Company Background - Lazydays has been a significant player in the RV industry since 1976, known for exceptional RV sales, service, and ownership experiences [5]. - The company offers a wide selection of RV brands, state-of-the-art service facilities, and a range of accessories, positioning itself as a go-to destination for RV enthusiasts [6].

Core Insights - Lazydays Holdings, Inc. has executed transactions to generate $14 million in liquidity and reduce non-floorplan indebtedness by $15 million, enhancing its financial stability [1][2] - The company aims to strengthen its balance sheet, improve operational performance, and strategically divest non-core assets [1][2] Financial Transactions - The transactions involve retaining approximately $14 million from divestitures of non-core dealerships and associated real estate, while repaying about $15 million in non-floorplan indebtedness, bringing the total non-floorplan indebtedness down to approximately $44 million [2][7] - This reduction in debt is expected to meaningfully lower interest expenses for the company [2] Divestiture Details - Recent divestitures include: - Dealership in Mesa, AZ, closed on May 30, 2025 - Dealership and related real estate in Fort Pierce, FL, closed on June 6, 2025 - Dealership in Longmont, CO, closed on June 13, 2025 - Dealership and related real estate in Las Vegas, NV, expected to close later this week [7] Management Commentary - The CEO of Lazydays expressed satisfaction with the agreements reached with lenders, highlighting the enhanced liquidity position and flexibility to advance the company's turnaround strategy [2]

Company Overview - Lazydays Holdings, Inc. has been a significant player in the RV industry since its establishment in 1976, known for exceptional RV sales, service, and ownership experiences [3] - The company has built strong relationships with RV enthusiasts and their families, who depend on Lazydays for their RV needs [3] Product and Service Offering - Lazydays offers a wide selection of RV brands from top manufacturers, state-of-the-art service facilities, and a comprehensive range of accessories and parts [4] - The company aims to be the primary destination for RV enthusiasts, providing outstanding support and guidance for both seasoned RVers and newcomers [4] Financial Announcement - Lazydays will announce its first quarter 2025 financial results before the market opens on May 15, 2025, with a conference call scheduled for the same day at 8:30 a.m. Eastern Time [1] - The conference call can be accessed via telephone or through the company's website for live listening and replay [2]