UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Interim Chief Executive Officer and Director
Consistent with section 1(a)(ii) of the Cooperation Agreement filed as Exhibit 10.1 to the Company’s Form 8-K, dated June 30, 2023, in light of the appointment of Mike Kennedy to serve as Chief Executive Officer, Mark Tkach confirmed on October 19, 2023, his intent to resign his roles as Interim Chief Executive Officer and as a director of the Company, contingent upon the commencement of Mr. Kennedy’s employment and effective as of that same date, which is anticipated to be November 1, 2023. Mr. Tkach’s decision to resign as Interim Chief Executive Officer and as a director did not result from any disagreement with the Company on any matter relating to the Company's operations, policies, and practices. Following his resignation, Mr. Tkach will continue to provide consulting and advisory services through the remainder of the term of his employment agreement and will be appointed to a board observer role. Furthermore, given Mr. Tkach’s significant experience and expertise in the powersports industry, subject to compliance with Nasdaq listing requirements and other relevant considerations, the Board may consider nominating Mr. Tkach to serve or appointing him as a director of the Company at an appropriate future date.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 104 | Cover Page Interactive Data File (embedded within the inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RUMBLEON, INC. | |
| Date: October 25, 2023 | /s/ Mathew W. Grynwald |
| Mathew W. Grynwald | |
| General Counsel & Secretary |