RideNow Group, Inc.
Chandler, Arizona, United States · Automotive, Logistics, Manufacturing
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. Our Powersports group is the largest powersports retail group in the United States (as measured by reported revenue, major unit sales and dealership locations), offering over 500 powe
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Key facts
- Headquarters
- Chandler, Arizona, United States
- Employees
- 2,000
- Industries
- Automotive, Logistics, Manufacturing
- Status
- Public (RDNW)
- Website
- rumbleon.com
- Company page
Recent activity at RideNow Group, Inc.
- : SEC 8-K (1.01): On September 25, 2026, RideNow Group, Inc. entered into a material definitive agreement for a term loan credit agreement totaling $220 million with affiliates of Centerbridge Partners, L.P. and Alter Domus (US) LLC, serving as administrative and collateral agents. This agreement was established to refinance the prior term loan credit agreement that was initially dated August 31, 2021 and was terminated on the same date. The newly secured loans are set to mature on September 25, 2031. This strategic financial move aims to optimize the company's capital structure and manage debt repayment schedules more effectively.
- : SEC 8-K (1.01): On May 15, 2026, RideNow Group, Inc. entered into an Amended and Restated Inventory Financing Agreement with Polaris Acceptance and certain dealer subsidiaries. This agreement, resulting from a conditional credit increase letter received on April 15, raised the credit commitment from approximately $74.7 million to about $108.0 million. The increase is contingent upon the joinder of two additional dealer entities, execution of necessary guaranty and intercreditor joinder amendments, and provision of specific insurance certificates within a determined timeframe. This financial enhancement is expected to strengthen the company's liquidity and operational capabilities.
- : SEC 8-K (1.01): On May 15, 2026, RideNow Group, Inc. entered into an Amended and Restated Inventory Financing Agreement (the Polaris Floorplan Credit Facility) with Polaris Acceptance and its dealer subsidiaries, increasing the credit commitment from approximately $74.7 million to about $108.0 million. This credit increase was conditional upon the joinder of two additional dealer entities, execution of related amendments, and delivery of specific insurance certificates. The credit facility is secured by a first-priority interest in the dealers' personal property and inventory, allowing them to finance inventory purchases and other purposes while featuring customary covenants and conditions, including default provisions that enable Polaris to demand repayment of amounts due. This financing arrangement is part of a broader strategy to enhance the Company's floor plan credit capabilities.
Employee benefit plans
RideNow Group, Inc. files 1 employee benefit plan with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
About RideNow Group, Inc.: questions and answers
What does RideNow Group, Inc. do?
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. Our Powersports group is the largest powersports retail group in the United States (as measured by reported revenue, major unit sales and dealership locations), offering over 500 powe
Where is RideNow Group, Inc. headquartered?
RideNow Group, Inc. is headquartered in Chandler, Arizona, United States.
How many employees does RideNow Group, Inc. have?
RideNow Group, Inc. has about 2,000 employees.
What is the latest news on RideNow Group, Inc.?
On Sep 25, 2026, SEC 8-K (1.01): On September 25, 2026, RideNow Group, Inc. entered into a material definitive agreement for a term loan credit agreement totaling $220 million with affiliates of Centerbridge Partners, L.P. and Alter Domus (US) LLC, serving as administrative and collateral agents. This agreement was
Is RideNow Group, Inc. a public company?
Yes. RideNow Group, Inc. is publicly traded under the ticker RDNW.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy