RumbleON Prices Public Offering Of Class B Common Stock

by Shivani Kumaresan, Benzinga Staff Writer

August 26, 2021 3:23 PM | 1 min read |

E-commerce platform for pre-owned recreation vehicles RumbleON RMBL has priced its previously announced underwritten public offering.
The company is offering about 4.39 million shares of Class B Common Stock at $33.00 per share.
RumbleON has also granted the underwriters a 30-day option to purchase up to an additional 0.659 million shares.
The offering is expected to close on August 31, 2021.
RumbleON held $28.02 million in cash and equivalents as of June 30, 2021.
Price Action: RMBL shares are trading higher by 5.25% at $35.47 on the last check Thursday.