UNITED
STATES
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): March 4,
2020
RumbleOn, Inc.
(Exact
name of registrant as specified in its charter)
Nevada
(State or Other
Jurisdiction
of
Incorporation)
001-38248
|
|
46-3951329
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(Commission
File
Number)
|
|
(I.R.S.
Employer
Identification
No.)
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901 W. Walnut Hill Lane
Irving, Texas
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75038
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(Address of Principal
Executive Offices)
|
(Zip Code)
|
(469)
250-1185
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, If Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2 (b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4 (c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
|
Trading
Symbol(s)
|
Name
of each exchange on which registered
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Class B Common
Stock, $0.001 par value
|
RMBL
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The Nasdaq Stock
Market LLC
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Indicate by check
mark whether the registrant is an emerging growth company as
defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging growth
company
If an emerging
growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act.
Item 8.01. Other Events.
On
March 4, 2020, RumbleOn, Inc. issued the press release attached as
Exhibit 99.1 to this report. The press release is
incorporated herein by reference.
Item 9.01. Financial Statements and
Exhibits.
(d)
Exhibits
Exhibit
No.
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|
Description
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|
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Press Release,
dated March 4, 2020
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SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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RUMBLEON,
INC.
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|
|
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Date: March 4,
2020
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By:
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/s/ Steven R.
Berrard
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Steven R.
Berrard
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Chief Financial
Officer
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RUMBLEON ASSESSING TORNADO DAMAGE IN NASHVILLE
The Company has safely accounted for all employees.
DALLAS--(BUSINESS
WIRE)—RumbleOn, Inc. (NASDAQ: RMBL), the-ecommerce company
using innovative technology to simplify how dealers and consumers
buy, sell, trade or finance pre-owned vehicles, today announced
that it is in the process of assessing the damage sustained to its
facilities and inventory in the greater Nashville, Tennessee area
due to the tornadoes that struck the area on Tuesday, March
3rd.
Marshall Chesrown, RumbleOn's Chief Executive Officer, and Peter
Levy, its Chief Operating Officer, were onsite first thing Tuesday
morning to implement the Company's assessment and recovery
plan.
“The
well-being of our people and our community is our primary concern
and we are thankful for the safety of our employees and their
families,” said Mr. Chesrown. “We will provide an
update on our recovery plan once we’ve completed our
assessment of damages sustained to our facilities and
inventory,” continued Mr. Chesrown.
RumbleOn
maintains insurance coverage for damage to its facilities and
inventory, as well as business interruption insurance. The
Company is in the process of reviewing these coverages with its
insurance carriers.
About RumbleOn
RumbleOn
(NASDAQ: RMBL) is an e-commerce company that uses innovative
technology to simplify how dealers and customers buy, sell, trade,
or finance pre-owned vehicles through RumbleOn’s 100% online
marketplace. Leveraging its capital-light network of 17 regional
partnerships and innovative technological solutions, RumbleOn is
disrupting the old-school pre-owned vehicle supply chain by
providing users with the most efficient, timely and transparent
transaction experience. For more information, please visit
http://www.rumbleon.com.
Forward-Looking Statements
This
press release may contain “forward-looking statements”
as that term is defined under the Private Securities Litigation
Reform Act of 1995 (PSLRA), which statements may be identified by
words such as “expects,” “projects,”
“will,” “may,” “anticipates,”
“believes,” “should,”
“intends,” “estimates,” and other words of
similar meaning. Readers are cautioned not to place undue reliance
on these forward-looking statements, which are based on our
expectations as of the date of this press release and speak only as
of the date of this press release and are advised to consider the
factors listed under the heading “Forward-Looking
Statements” and “Risk Factors” in the
Company’s SEC filings, as may be updated and amended from
time to time. We undertake no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
Investor
Relations:
The
Blueshirt Group
Whitney
Kukulka
investors@rumbleon.com