Rumbleon announces planned $100 million fully backstopped rights offering

Irving, texas--(business wire)--rumbleon, inc. (nasdaq: rmbl) (the “company” or “rumbleon”), the nation's first and largest publicly traded powersports platform, today announced that it plans to make a $100 million rights offering to holders of the company's class a common stock and class b common stock (and certain holders of warrants issued by the company entitled to receive the same). pursuant to the terms of the fully backstopped rights offering, the company intends to issue, for no conside.
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