Brief: RumbleOn Stockholders William Coulter And Mark Tkach Provide Update

RideNow

08/05/2023 13:08

May 8 (Reuters) - RumbleOn Inc  RMBL.O :
    * WILLIAM COULTER AND MARK TKACH PROVIDE UPDATE TO FELLOW
STOCKHOLDERS ABOUT EFFORTS TO ENHANCE STOCKHOLDER VALUE AT
RUMBLEON
    * WILLIAM COULTER AND MARK TKACH - WILLIAM COULTER AND MARK
TKACH
TOGETHER HOLD ABOUT 32.0% OF OUTSTANDING CLASS B SHARES OF
COMMON STOCK OF RUMBLEON
    * WILLIAM COULTER AND MARK TKACH: HAVE MADE GOOD FAITH
EFFORTS TO
NEGOTIATE WITH RUMBLEON BOARD AND ITS ADVISORS IN HOPES OF
REACHING A SETTLEMENT
    * WILLIAM COULTER AND MARK TKACH: RUMBLEON MOST RECENT
SETTLEMENT
OFFER PROPOSED LEAVING MICHAEL MARCHLIK ON BOARD THROUGH ANNUAL
MEETING
    * WILLIAM COULTER AND MARK TKACH: RUMBLEON'S MOST RECENT
SETTLEMENT OFFER ALSO PROPOSED LEAVING MESSRS. WESTFALL AND
CHESROWN AND MS. LEE ON BOARD
    * WILLIAM COULTER AND MARK TKACH: UNWILLING TO ACCEPT
RUMBLEON'S
MOST RECENT SETTLEMENT OFFER

Source text for Eikon:  ID:nPn5Ts6L4a 
Further company coverage:  RMBL.O 

 ((Reuters.Briefs@thomsonreuters.com;))