Item 8.01. Other
Events.
As
previously disclosed in Current Reports on Form 8-K filed with the
Securities and Exchange Commission (the “SEC”) on March
30, 2020 and April 15, 2020, the operations and business of
RumbleOn, Inc. (the “Company”) have been and continue
to experience disruption due to the unprecedented conditions
surrounding the COVID-19 pandemic. As a result, management is
currently unable to timely review and prepare the Quarterly Report
on Form 10-Q for the quarter ended March 31, 2020 (the
“Quarterly Report”) and will delay the filing of the
Quarterly Report by up to 45 days in accordance with the SEC March
25, 2020 Order (which extended and superseded a prior order issued
on March 4, 2020), pursuant to Section 36 of the Securities
Exchange Act of 1934, as amended (Release No 34-88465) (the
“Order”), which allows for the delay of certain
filings. In reliance upon the Order, the Company expects to file
its Quarterly Report no later than June 29, 2020, which is 45 days
after the original due date of the Quarterly Report. If the
Quarterly Report is filed by June 29, 2020, it will be deemed
timely filed by the SEC.
The
Company disclosed a risk factor relating to COVID-19 in its Current
Report on Form 8-K filed with the SEC on March 30, 2020 under Item
8.01.
Forward-Looking Statements
This
Current Report on Form 8-K 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. As a
result of a number of known and unknown risks and uncertainties,
including the unprecedented impact of COVID-19 pandemic on the
Company’s business, customers, employees, regional business
partners and other stakeholders, the Company’s actual results
or performance may be materially different from those expressed or
implied by these forward-looking statements. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are based on the Company’s expectations as of the date
of this report and speak only as of the date of this report 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. The Company undertakes 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.