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BCS

Current Report · Items 1.01, 2.03, 9.01 · 8-K

RideNow Group, Inc.

Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

Item 1.01. Entry into a Material Definitive Agreement Pursuant to a conditional credit increase letter (the "Credit Increase Letter") received on April 15, 2026 by certain subsidiaries of RideNow Group, Inc.…

Filed May 18, 2026Accepted May 18, 2026, 9:07 AM EDTCIK 1596961Accession 0001628280-26-035821
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Company context

RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry. We believe our Powersports group is the largest powersports retail group in the United States, offering over hundreds of powersports franchises representing different brands of products. Our Powersports group sells a wide selection of new and pre-owned products, including parts, apparel, accessories, finance & insurance products and services, and aftermarket products. We are one of the largest purchasers of pre-owned powersports vehicles in the United States and utilize RideNow's Cash Offer to acquire vehicles directly from consumers.

Current securities

Historical securities (2)

Recent company filings

  1. Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Other EventsSep 28, 2026
  2. 10-Q filingAug 11, 2026
  3. Results of Operations and Financial Condition · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearAug 11, 2026
  4. Changes in Registrant's Certifying AccountantJun 11, 2026
  5. 4 filingJun 8, 2026

Registered securities in this filing

RideNow Group, Inc. · 8-K · Filed 2026-05-18

As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.

Class B Common Stock, $0.001 par value

Symbol
RDNW
Exchange
NASDAQ
Classification
COMMON
Filing context

Context: c-1

Dimensions: Not supplied

Accession 000162828026035821 · 1 registered-security cover member

Read the exact SEC filing ↗

Disclosure sections

Items 1.01, 2.03, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement Pursuant to a conditional credit increase letter (the "Credit Increase Letter") received on April 15, 2026 by certain subsidiaries of RideNow Group, Inc. (the "Company") from Polaris Acceptance ("Polaris"), on May 15, 2026, the Company entered into an Amended and Restated Inventory Financing Agreement (the "Polaris Floorplan Credit Facility") with Polaris and the dealer subsidiaries of the Company party thereto (collectively, the "Dealers"). Pursuant to the Credit Increase Letter, the credit commitment available to the Company under the Polaris Floorplan Credit Facility was increased from approximately $74.7 million to approximately $108.0 million, subject to, among other things, the joinder of two additional dealer entities to the Polaris Floorplan Credit Facility, execution of related guaranty and intercreditor joinder amendments, and delivery of certain insurance certificates, within a specified time period. The obligations of the Dealers under the Polaris Floorplan Credit Facility are secured by a first-priority security interest in all personal property of each dealer, and each dealer is jointly and severally liable for all obligations of any dealer to Polaris. The Polaris Floorplan Credit Facility contains customary representations, warranties, covenants, and events of default (including failure to pay, breach of covenants, insolvency, material adverse change, and cross-default), and provides that upon a default, Polaris may declare all amounts immediately due and payable and exercise all remedies of a secured party under the Uniform Commercial Code. The Polaris Floorplan Credit Facility is used by the Dealers to finance the purchase inventory from approved vendors and for other purposes. Borrowings under the Polaris Floorplan Credit Facility are secured by the inventory financed thereunder. The Polaris Floorplan Credit Facility bears interest at variable rates. The credit increase under the Polaris Floorplan Credit Facility was entered into as part of a broader series of floor plan financing transactions undertaken by the Company to increase the aggregate capacity available under its existing floor plan credit facilities. The foregoing descriptions of the Credit Increase Letter and the Polaris Floorplan Credit Facility do not purport to be complete and are qualified in their entirety by reference to the full text of the Credit Increase Letter and the Polaris Floorplan Credit Facility, which are filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
Item 2.03Item 2.03 - Creation of Direct Financial Obligation
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under Item 1.01 above is incorporated herein by reference.

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