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GAO: Documented Processes Needed for SBIR/STTR Due Diligence, /PRNewswire/ -- RumbleOn, Inc. (NASDAQ: RMBL) (the "Company" or "RumbleOn") announced today that it has commenced a fully backstopped registered equity rights offering (the "Rights Offering"), pursuant to which the Company is expected to receive aggregate gross proceeds of , less expenses related to the Rights Offering. The Company intends to use the proceeds from the Rights Offering for general corporate purposes which may include repayment of the Company's convertible senior 6.75% promissory notes due . The proceeds raised will also satisfy, in part, the additional capital financing obligations of the Company pursuant to a recent amendment to the Company's credit agreement with Oaktree. The Company is distributing at no charge to the holders of (i) its Class A common stock, par value per share (the "Class A common stock"), and (ii) Class B common stock, par value per share (the "Class B common stock" and, together with the Class A common stock, the "common stock"), in each case as of the close of business on (the "Record Date"), non-transferable subscription rights (the "Subscription Rights") to purchase up to 2,392,344 shares of Class B common stock at price of per share (the "Subscription Price"). The aggregate subscription value of all shares of Class B common stock available for purchase in the Rights Offering is . Each holder of common stock as of the Record Date (each, an "Eligible Stockholder") will receive one Subscription Right for each share of the common stock owned as of the Record Date. Each Subscription Right entitles the holder to purchase 0.0677 shares of Class B common stock. The Company will not issue any fractional shares of Class B common stock in the Rights Offering. Instead, the Company will round down the aggregate number of shares of Class B common stock the Eligible Stockholders are entitled to receive to the nearest whole number. Accordingly, as each Subscription Right represents the right to purchase 0.0677 shares of Class B common stock, an Eligible Stockholder must hold at least 15 shares of Class A common stock or Class B common stock to receive sufficient Subscription Rights to purchase at least one share of Class B common stock in the Rights Offering. Eligible Stockholders will not be entitled to exercise an over-subscription privilege to purchase additional shares of Class B common stock that may remain unsubscribed as a result of any unexercised Subscription Rights. The Subscription Rights will expire and will have no value if they are not exercised prior to , on the expiration time for the Rights Offering (the "Expiration Time"), which is currently expected to be 5:00 p.m. Eastern time on , unless the Company, in its sole discretion, extends the period for exercising the Subscription Rights. Subject to the terms and conditions of the Support and Standby Purchase Agreement (defined below), the Company reserves the right to cancel, terminate, amend, or extend the Rights Offering at any time prior to the Expiration Time. On , 2024, the Company entered into a support and standby purchase agreement (the "Support and Standby Purchase Agreement") with Stone House Capital Management, LLC, which is a holder of Class B common stock and is managed by , a member of the board of directors of the Company (together with its affiliates, the "Standby Purchaser"), and and , each of whom is a holder of the Class B common stock and a member of the board of directors of the Company (collectively, the "Support Purchasers" and, together with the Standby Purchaser, the "Investors"). The Support and Standby Purchase Agreement provides, among other things, that (i) the Standby Purchaser will purchase from the Company in a private placement any shares of Class B common stock included in the Rights Offering that are not subscribed for and purchased by Eligible Stockholders (collectively, the "Backstop Securities") for the same per share Subscription Price payable by the Eligible Stockholders electing to exercise their Subscription Rights in the Rights Offering; and (ii) each Support Purchaser will exercise all of his respective Subscription Rights in full prior to the Expiration Time. The Subscription Rights will not be listed for trading on any stock exchange or market. Therefore, there will be no public market for the Subscription Rights. However, the shares of Class B common stock issued upon the exercise of the Subscription Rights will remain listed on The Nasdaq Capital Market of the Nasdaq Stock Market LLC under the symbol "RMBL." The Company expects that Broadridge Corporate Issuer Solutions, LLC, the subscription and information agent for the Rights Offering, will distribute subscription documents for the Rights Offering to Eligible Stockholders beginning on or about . Holders of shares of common stock held in "street name" through a brokerage account, bank or other nominee should contact their broker, bank or other nominee for details regarding participation in the Rights Offering. For any questions or further information about the Rights Offering, please contact the information agent, at (888) 789-8409 (Toll-Free), or via email at . Neither the Company nor its board of directors has made or will make any recommendation to holders regarding participation in the Rights Offering. Holders should make an independent investment decision about whether to participate in the Rights Offering based on their own assessment of the Company's business and the Rights Offering. The offering of the Class B common stock pursuant to the Rights Offering is being made pursuant to the Company's existing effective shelf registration statement on Form S-3 (Reg. No. 333-281862) on file with the Securities and Exchange Commission (the "SEC") and a prospectus supplement (and the accompanying base prospectus) filed with the SEC on the date hereof. The information in this press release is not complete and is subject to change. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The Rights Offering will be made only by means of the prospectus supplement (and the accompanying base prospectus) filed with the SEC on the date hereof. RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry. Our Powersports group is the largest powersports retail group in (as measured by reported revenue, major unit sales and dealership locations), offering over 500 powersports franchises representing 50 different brands of products. Our Powersports group sells a wide selection of new and pre-owned products, including parts, apparel, accessories, finance & insurance products and services, and aftermarket products. We are the largest purchaser of pre-owned powersports vehicles in and utilize RideNow's Cash Offer to acquire vehicles directly from consumers. For more information on RumbleOn, please visit . The Company's press release contains statements that constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, those regarding the Company's plans to launch a Rights Offering, the anticipated final terms, timing and completion of the proposed Rights Offering, and the use of proceeds from the proposed Rights Offering. Forward-looking statements generally can be identified by words such as "anticipates," "believes," "continues," "could," "estimates," "expects," "intends," "hopes," "may," "plan," "possible," "potential," "predicts," "projects," "should," "targets," "would" and similar expressions, although not all forward-looking statements contain these identifying words. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from current expectations and beliefs, including, but not limited to, risks and uncertainties related to: whether the proposed transactions will be completed in a timely manner, or at all; the risk that all of the closing conditions for the proposed Rights Offering are not satisfied; the occurrence of any event, change or other circumstance that could cause the Company not to proceed with the Rights Offering; the determination of the final terms of the proposed Rights Offering; the satisfaction of customary closing conditions related to the proposed Rights Offering; risks related to the diversion of management's attention from RumbleOn's ongoing business operations; the impact of general economic, industry or political conditions in or internationally, as well as the other risk factors set forth under the caption "Risk Factors" in the registration statement, as amended, and in RumbleOn's Annual Report for the year ended and Quarterly Reports on Form 10-Q for the quarters ended , and and in any other subsequent filings made with the SEC by RumbleOn. There can be no assurance that RumbleOn will be able to complete the proposed Rights Offering on the anticipated terms, or at all. Any forward-looking statements contained in this press release speak only as of the date hereof, and RumbleOn specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. View original content to download multimedia: SOURCE RumbleOncasino games online free spins 。

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Home | Editorials | Editorial Maharashtra Mandate Editorial: Maharashtra mandate The stunning comeback of BJP demonstrates its dominance of Maharashtra’s political landscape By Telangana Today Published Date - 24 November 2024, 11:55 PM It’s Mahayuti’s maha tsunami in Maharashtra. The reasons for the landslide victory of the BJP-led alliance are not far to seek: Blending welfarism with social engineering, making timely course corrections in political strategies, sustained focus on micro-management of local issues and near-perfect coordination among the allies. On the other hand, the Congress and its allies failed to present a cohesive and compelling alternative to voters, neglected local farmers’ issues but kept harping on themes like “samvidhan khatre mein hai” and “Adani-Ambani-Modi nexus” that did not find any resonance with voters and were unable to check infighting over sharing of power. The scale of the mandate highlighted the sharp contrast in performances of the two formations — Mahayuti comprising BJP, Eknath Shinde’s Shiv Sena and Ajit Pawar’s NCP, and the Maha Vikas Aghadi (MVA) of Congress, NCP and Uddhav Thackeray’s Shiv Sena. While the saffron party-led alliance beat the anti-incumbency factor and pulled off an unprecedented win to return to power for the third consecutive term, the opposition bloc suffered its worst drubbing across the regions. In fact, the BJP on its own has bagged more seats than the MVA partners put together. The resounding mandate proved particularly sweet for the saffron party because it had suffered a setback in the Lok Sabha elections, less than six months ago, when it managed to win only 17 of the State’s 48 seats. The stunning comeback — winning 132 Assembly seats out of 149 it contested — demonstrated the party’s total dominance of Maharashtra’s political landscape, relegating the formidable regional parties to insignificant positions. Apart from scoring a hat trick of Assembly poll victories — crossing 100 seats each time —, the BJP has won its biggest mandate with over 88% strike rate. The opposition alliance suffered a humiliating rout, ending up with a tally of 46 in the 288-member Assembly while the Mahayuti alliance touched 230, a first for any ruling formation in the State. The Congress put up its worst-ever performance in its one-time bastion with just 16 seats out of 100 it contested. Maharashtra voters have also given a clear verdict on who should inherit the political legacy of Shiv Sena founder Bala Saheb Thackery. Shinde has trumped Uddhav in this legacy battle and established his hold on the traditional Sena vote bank. The game changer for the Mahayuti was undoubtedly the ‘Ladki Bahin’ scheme — providing Rs 1,500 per month to every woman in Maharashtra — which resonated strongly with women voters. Effective coordination among alliance leaders Devendra Fadnavis, Shinde and Ajit Pawar, meticulous planning and sharply focused campaign strategies and bringing various OBC groups together to counter the Maratha quota movement helped the ruling alliance achieve sweeping victory. With this emphatic mandate, the BJP is expected to claim the Chief Minister’s post and will have the flexibility to run the State without depending on its allies. Follow Us : Tags Ajit Pawar Assembly Elections BJP-led alliance Congress Related News One year, not even one MW: Telangana’s power sector remains stagnant after decade of surge Cong lost its stature as brand, now just a regional party: Kangana Ranaut BRS Deeksha Divas on Nov 29; Telangana Thalli statue at Medchal, says KTR ‘Shocking’, ‘unbelievable’, says Congress on loss in Maharashtra polls

Red-hot Devils seeking rare success against PredatorsGlobal P&C Insurance Software Market Size, Share and Forecast By Key Players-Jenesis Software,VRC Insurance Systems,Insurance Systems,Tigerlab,Owsy 12-15-2024 06:00 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Market Research Intellect P&C Insurance Software Market USA, New Jersey- According to the Market Research Intellect, the global P&C Insurance Software market is projected to grow at a robust compound annual growth rate (CAGR) of 13.05% from 2024 to 2031. Starting with a valuation of 9.56 Billion in 2024, the market is expected to reach approximately 19.96 Billion by 2031, driven by factors such as P&C Insurance Software and P&C Insurance Software. This significant growth underscores the expanding demand for P&C Insurance Software across various sectors. The Property and Casualty (P&C) Insurance Software Market is witnessing significant growth, driven by the increasing need for insurers to enhance operational efficiency, improve customer experience, and adapt to evolving regulatory environments. As the insurance industry undergoes digital transformation, P&C insurance software is being adopted to streamline policy management, claims processing, and underwriting operations. These platforms leverage advanced technologies such as AI, machine learning, and big data analytics to deliver personalized services, automate repetitive tasks, and reduce fraud. The growing demand for cloud-based solutions, mobile accessibility, and seamless integration with other business systems is further propelling market expansion. Additionally, the rising complexity of insurance products and the need for accurate risk assessment are encouraging insurers to invest in sophisticated software tools to stay competitive in a dynamic market. The dynamics of the P&C Insurance Software Market are shaped by technological innovation, customer-centric strategies, and regulatory pressures. Insurers are increasingly adopting digital tools to meet customer expectations for faster claims processing and personalized policies. AI and analytics-driven solutions are enabling predictive modeling, improving underwriting accuracy, and optimizing risk management. Cloud-based platforms and SaaS models are gaining traction due to their scalability, cost-effectiveness, and ease of implementation. However, challenges such as data privacy concerns, integration with legacy systems, and high implementation costs may hinder growth. Additionally, evolving regulations and compliance requirements demand continuous software updates, impacting operational strategies. Despite these challenges, the focus on enhancing efficiency and delivering superior customer experiences continues to drive innovation and adoption, ensuring sustained growth in the P&C insurance software market. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.marketresearchintellect.com/download-sample/?rid=10677560&utm_source=OpenPr&utm_medium=042 Key Drivers: The growth of the P&C Insurance Software market is driven by several key factors. Technological advancements in P&C Insurance Software have enabled greater efficiency and enhanced capabilities, spurring adoption across industries. Additionally, the rising demand for sustainable and eco-friendly solutions is pushing companies to innovate and adopt greener practices. Expanding applications in sectors like P&C Insurance Software and P&C Insurance Software are further contributing to market demand, as these industries seek advanced solutions to streamline operations and enhance product quality. Favorable government policies and incentives in regions such as North America, Europe, and Asia-Pacific support investment and growth. Moreover, an increasing focus on P&C Insurance Software for improving operational efficiency and cost-effectiveness is encouraging businesses to embrace new technologies, fostering sustained market expansion. Mergers and Acquisitions Mergers and acquisitions (M&A) play a pivotal role in the P&C Insurance Software market, as companies look to expand their capabilities, access new technologies, and strengthen market presence. Leading players engage in strategic acquisitions to consolidate their position and gain a competitive edge. These transactions often facilitate the integration of advanced P&C Insurance Software solutions, helping firms broaden their product portfolios and meet growing customer demands. Additionally, M&A activities support companies in achieving economies of scale and penetrating new regional markets, particularly in high-growth areas like Asia-Pacific. Through such strategic alliances, businesses aim to accelerate innovation, enhance operational efficiency, and address evolving market challenges, ultimately driving the overall growth of the P&C Insurance Software market. Get a Discount On The Purchase Of This Report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=10677560&utm_source=OpenPr&utm_medium=042 The following Key Segments Are Covered in Our Report By Type Cloud-Based On-Premise By Application Large Enterprises(1000+ Users) Medium-Sized Enterprise(99-1000 Users) Small Enterprises(1-99 Users) Major companies in P&C Insurance Software Market are: Jenesis Software,VRC Insurance Systems,Insurance Systems,Tigerlab,Owsy,Adaptik,InsureCert Systems,Zywave,Guidewire Software,Quick Silver Systems,Pegasystems,OneShield,Gryphon Networks,Vue,Silvervine,StoneRiver,Agency Software,ELEMENT Insurance,WaterStreet Global P&C Insurance Software Market -Regional Analysis North America: North America is expected to hold a significant share of the P&C Insurance Software market due to advanced technological infrastructure and the presence of major market players. High demand across sectors like P&C Insurance Software and P&C Insurance Software is driving growth, with the U.S. being a key contributor. Additionally, ongoing investments in R&D and innovation reinforce the region's strong market position. Europe: Europe is projected to experience steady growth, driven by stringent regulatory standards and a rising focus on sustainability in P&C Insurance Software practices. Countries like Germany, France, and the UK are leading due to their advanced industrial base and supportive government policies. The demand for eco-friendly and efficient P&C Insurance Software solutions is expected to continue fostering market expansion. Asia-Pacific: Asia-Pacific is anticipated to be the fastest-growing region, fueled by rapid industrialization and urbanization. Countries such as China, India, and Japan are driving demand due to expanding consumer bases and increasing investments in infrastructure. The region's robust manufacturing sector and favorable economic policies further enhance growth opportunities in the P&C Insurance Software market. Latin America: Latin America and the Middle East & Africa are expected to show moderate growth in the P&C Insurance Software market. In Latin America, growth is supported by rising industrial activities in countries like Brazil and Mexico. Meanwhile, in the Middle East & Africa, infrastructure development and an increasing focus on innovation in sectors like P&C Insurance Software are key drivers of market expansion. Middle East and Africa: The Middle East and Africa represent emerging markets in the global P&C Insurance Software market, with countries like UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential. Economic diversification efforts, urbanization, and a young population are driving demand for P&C Insurance Software products and services in the region. Frequently Asked Questions (FAQ) 1. What is the current size of the P&C Insurance Software market? Answer: The P&C Insurance Software market was valued at approximately 9.56 Billion in 2024, with projections suggesting it will reach 19.96 Billion by 2031, growing at a CAGR of 13.05%. 2. What factors are driving the growth of the P&C Insurance Software market? Answer: The market's expansion is attributed to several factors, including increased demand for P&C Insurance Software, advancements in P&C Insurance Software technology, and the adoption of P&C Insurance Software across various sectors. 3. Which regions are expected to dominate the P&C Insurance Software market? Answer: Regions such as North America, Europe, and Asia-Pacific are anticipated to lead due to the presence of major industry players and growing investments in P&C Insurance Software. 4. Who are the key players in the P&C Insurance Software market? Answer: Prominent companies in the P&C Insurance Software market include P&C Insurance Software, P&C Insurance Software, and P&C Insurance Software, each contributing to market growth through innovations and strategic partnerships. 5. What challenges does the P&C Insurance Software market face? Answer: The market faces challenges such as P&C Insurance Software, regulatory compliance, and competition from alternative solutions. However, ongoing advancements aim to address these issues. 6. What are the future trends in the P&C Insurance Software market? Emerging trends include the integration of P&C Insurance Software technology, sustainability practices, and digital transformation in processes, all expected to shape the market's future. 7. How can businesses benefit from the P&C Insurance Software market? Answer: Businesses can leverage growth opportunities in the P&C Insurance Software market by adopting new solutions, enhancing operational efficiency, and expanding their offerings to meet evolving consumer demands. 8. Why invest in a P&C Insurance Software market report from MRI? Answer: MRI's report provides in-depth analysis, future projections, and key insights to support strategic decision-making, enabling businesses to stay competitive and capitalize on growth trends in the P&C Insurance Software market. For More Information or Query, Visit @ https://www.marketresearchintellect.com/product/p-c-insurance-software-market/?utm_source=OpenPr&utm_medium=042 About Us: Market Research Intellect Market Research Intellect is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. Our research spans a multitude of industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverages, etc. Having serviced many Fortune 2000 organizations, we bring a rich and reliable experience that covers all kinds of research needs. For inquiries, Contact Us at: Mr. Edwyne Fernandes Market Research Intellect APAC: +61 485 860 968 EU: +44 788 886 6344 US: +1 743 222 5439 This release was published on openPR.

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Kanpur: At the 32nd ‘ Hindi Sewa Nidhi ' event held at Islamia Inter College in Etawah, Lok Sabha Speaker Om Birla discussed the significance of Hindi. He highlighted that whilst every nation possesses a distinctive linguistic identity, Hindi serves as India's defining language. Birla elaborated on the language's unifying role, stating, "This language plays a role in maintaining the nation's unity." The Speaker mentioned that previously, all court proceedings were conducted in English, but now they are conducted in 22 languages. Addressing the growing prominence of Hindi in modern contexts, he noted its increasing importance in technological spheres. "When PM Modi visits different countries, he addresses in Hindi to give it a new recognition," he remarked. "We should all step forward and educate the coming generations about the significance of Hindi", he added. The programme was attended by Supreme Court Justice Sudhanshu Dhulia and Allahabad High Court Justice Sudhir Agarwal. Kanpur: At the 32nd ‘Hindi Sewa Nidhi' event held at Islamia Inter College in Etawah, Lok Sabha Speaker Om Birla discussed the significance of Hindi. He highlighted that whilst every nation possesses a distinctive linguistic identity, Hindi serves as India's defining language. Birla elaborated on the language's unifying role, stating, "This language plays a role in maintaining the nation's unity." The Speaker mentioned that previously, all court proceedings were conducted in English, but now they are conducted in 22 languages. Addressing the growing prominence of Hindi in modern contexts, he noted its increasing importance in technological spheres. "When PM Modi visits different countries, he addresses in Hindi to give it a new recognition," he remarked. "We should all step forward and educate the coming generations about the significance of Hindi", he added. The programme was attended by Supreme Court Justice Sudhanshu Dhulia and Allahabad High Court Justice Sudhir Agarwal. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , and Mini Crossword .US stocks rose Monday, with the Dow finishing at a fresh record as markets greeted Donald Trump's pick for treasury secretary, while oil prices retreated on hopes for a ceasefire between Israel and Hezbollah. The Dow climbed one percent to a second straight all-time closing high on news of the selection of hedge fund manager Scott Bessent to lead the critical economic policy position. A widely respected figure on Wall Street, Bessent is seen as being in favor of growth and deficit reduction policies and not known overly fond of trade tariffs. The market "breathed a sigh of relief" at Bessent's selection, said Art Hogan from B. Riley Wealth Management. But after an initial surge Monday, the gains in US equities moderated somewhat. While investors are enthusiastic about the possibility of tax cuts and regulatory relief under Trump, "we do have to face the potential for tariffs being a negative as well as a very tight market around immigration, which is not positive for the economy," Hogan said. Earlier, equity gains were limited in Europe as growth concerns returned to the fore with Germany's Thyssenkrupp announcing plans to cut or outsource 11,000 jobs in its languishing steel division. Currently around 27,000 people are employed in the steel division, which has been battered by high production costs and fierce competition from Asian rivals. Elsewhere, crude oil prices fell decisively as Israel's security cabinet prepared to decide whether to accept a ceasefire in its war with Hezbollah, an official said Monday. The United States, the European Union and the United Nations have all pushed in recent days for a truce in the long-running hostilities between Israel and Hezbollah, which flared into all-out war in late September. Speaking on condition of anonymity, an Israeli official told AFP the security cabinet "will decide on Tuesday evening on the ceasefire deal." And bitcoin's push toward $100,000 ran out of steam after coming within a whisker of the mark last week, on hopes that Trump would enact policies to bring the cryptocurrency more into the mainstream. Bitcoin was recently trading under $96,000, having set a record high of $99,728.34 Friday -- the digital currency has soared about 50 percent in value since Trump's election. This week's data includes a reading of consumer confidence and an update of personal consumption prices, a key inflation indicator. Those reporting earnings include Best Buy, Dell and Dick's Sporting Goods. New York - Dow: UP 1.0 percent at 44,736.57 (close) New York - S&P 500: UP 0.3 percent at 5,987.37 (close) New York - Nasdaq: UP 0.3 percent at 19,054.84 (close) London - FTSE 100: UP 0.4 percent at 8,291.68 (close) Paris - CAC 40: FLAT at 7,257.47 (close) Frankfurt - DAX: UP 0.4 percent at 19,405.20 (close) Tokyo - Nikkei 225: UP 1.3 percent at 38,780.14 (close) Hong Kong - Hang Seng Index: DOWN 0.4 percent at 19,150.99 (close) Shanghai - Composite: DOWN 0.1 percent at 3,263.76 (close) Euro/dollar: UP at $1.0495 from $1.0418 on Friday Pound/dollar: UP at $1.2564 from $1.2530 Dollar/yen: DOWN at 154.23 yen from 154.78 yen Euro/pound: UP at 83.51 pence from 83.14 pence West Texas Intermediate: DOWN 3.2 percent at $68.94 per barrel Brent North Sea Crude: DOWN 2.9 percent at $73.01 per barrel bur-jmb/dw

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