RumbleOn Inc. (RMBL) Announces Proposed Public Offering of its Class B Common Stock

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Go back to RumbleOn Inc. (RMBL) Announces Proposed Public Offering of its Class B Common Stock

RumbleOn, Inc. Announces Proposed Public Offering of its Class B Common Stock

August 25, 2021 4:22 PM EDT

DALLAS--(BUSINESS WIRE)-- RumbleOn, Inc. (Nasdaq: RMBL) (the Company or RumbleOn), an e-commerce company using innovative technology to aggregate and distribute pre-owned vehicles, today announced that it is proposing to offer and sell, subject to market conditions, shares of its Class B Common Stock in an underwritten public offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of Class B Common Stock offered in the public offering to cover over-allotments, if any. All of the Class B Common Stock is being... More