Key facts
- This page summarizes Stone House Capital Management, LLC's Form 4 filing for RumbleOn, Inc. (RMBL).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 07 Dec 2023, 21:50.
Stone House Capital Management, LLC - 05 Dec 2023 Form 4 Insider Report for RumbleOn, Inc. (RMBL)
- Reporting relationship
- Member of a 10% Group
- Issuer ticker
- RMBL
- Reported as of
- 05 Dec 2023
- Net transaction value
- +$13,345,744
- SEC form
- 4
- Accepted by SEC
- 07 Dec 2023, 21:50:14 UTC
- Prior SEC filing
- 27 Jun 2023
- Next SEC filing
- 12 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- STONE HOUSE CAPITAL MANAGEMENT, LLC By: /s/ Mark Cohen Title: Managing Member
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Stone House Capital Management, LLC filed Form 4 for RumbleOn, Inc. (RMBL) on 07 Dec 2023.
Change
- Previous filing in this sequence was filed on 27 Jun 2023.
- Current net transaction value: +$13,345,744.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RMBL
transaction
Class B Common Stock
Options Exercise
- Transaction value
- $13,345,744
- Shares
- +2,426,499
- Change %
- +108%
- Price
- $5.50
- Shares after
- 4,676,499
- Date
- 05 Dec 2023
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F4, F5, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RMBL
transaction
Derivative
Subscription Rights (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -2,250,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 05 Dec 2023
- Ownership
- See Footnotes
- Underlying class
- Class B Common Stock
- Underlying amount
- 2,426,499
- Exercise price
- $5.50
- Footnotes
- F1, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Represents the number of shares of Class B Common Stock of the issuer that SH Capital Partners, L.P. ("Partners") purchased in the issuer's rights offering pursuant to the exercise of its subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock of the issuer is expected to be on or about December 8, 2023.
Footnote F2
The effective purchase price of the shares of Class B Common Stock of the issuer underlying the subscription rights issued in connection with the issuer's rights offering was $5.50 per share.
Footnote F3
Each subscription right issued to Partners is exercisable for 1.078444 shares of the Class B Common Stock of the issuer. The number of shares of Class B Common Stock of the issuer reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole shares of Class B Common Stock of the issuer.
Footnote F4
This statement is jointly filed by and on behalf of each of Stone House Capital Management, LLC ("Stone House"), Partners and Mark Cohen. Partners is the record and direct beneficial owner of the securities covered by this statement. Stone House is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, Partners. Mr. Cohen is the managing member of, and may be deemed to beneficially own securities owned by, Stone House.
Footnote F5
Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
Footnote F6
Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.
SEC remarks
Exhibit Index Exhibit 99.1 - Joint Filer Information (filed herewith). Exhibit 99.2 - Joint Filing Agreement (filed herewith).