RumbleOn, which is commercializing an e-commerce platform for the buying, selling and trading of motorcycles and other recreation vehicles, filed on Friday with the SEC to raise up to $25 million in an initial public offering.
The Charlotte, NC-based company was founded in 2013 and booked $0.3 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol RMBL. Roth Capital is the sole bookrunner on the deal. No pricing terms were disclosed.
