Lazydays Hldgs Stock Price, News & Analysis
Company Description
Lazydays Holdings, Inc. (NASDAQ: GORV), historically known as Lazydays, operated in the recreational vehicle (RV) industry and was associated with the Recreational Vehicle Dealers industry within the broader Retail Trade sector. According to multiple company press releases and SEC filings, Lazydays built its business around RV sales, service, and related ownership experiences, and described itself as a destination for RV enthusiasts.
The company states that it has been a prominent participant in the RV industry since its inception in 1976, emphasizing a reputation for delivering RV sales, service, and ownership experiences. Lazydays highlighted its relationships with RV owners and their families, who relied on the company for their RV needs. Public disclosures describe a business model that combined a wide selection of RV brands from top manufacturers, state-of-the-art service facilities, and an extensive range of accessories and parts. These elements positioned Lazydays as a location where RV customers could find vehicles, maintenance, and supporting products in one place.
In its public communications, Lazydays consistently characterized itself as a destination for both seasoned RV owners and those new to RVing. The company emphasized support and guidance provided by its team to help customers navigate RV selection, maintenance, and ownership. This focus on the overall ownership experience, rather than only the point of sale, was a recurring theme in its press releases describing the company.
Historically, Lazydays operated multiple RV dealership locations and related real estate. Over time, the company engaged in various asset sales of dealerships and associated properties, as described in its news releases and Form 8-K filings. These transactions included divestitures of locations in markets such as Tulsa, Oklahoma; Mesa, Arizona; Fort Pierce, Florida; Longmont, Colorado; Las Vegas, Nevada; and other sites, often framed as part of efforts to streamline its footprint, reduce debt, and enhance liquidity.
The company’s SEC filings provide detailed context on its later-stage corporate developments. On October 6, 2025, Lazydays entered into an Asset Purchase Agreement under which it agreed to sell substantially all of its assets to entities affiliated with Campers Inn Holding Corporation. Subsequent Form 8-K filings dated November 25, 2025 and November 28, 2025 describe a series of site-by-site closings in numerous states and confirm that, following completion of these asset sales, Lazydays would have sold substantially all of its assets and would no longer have remaining operating business.
In connection with the asset sales, the company’s Board and stockholders approved an Amended Plan of Liquidation and Dissolution. The November 28, 2025 Form 8-K reports that, after the final closing of the asset sales, Lazydays executed a general assignment for the benefit of creditors, transferring its remaining assignable assets to an assignee to liquidate for the benefit of creditors. The same filing states that as a result of the final asset sale closing and the assignment, the company ceased its business operations and filed a Certificate of Dissolution, effective at 5:30 p.m. Eastern time on November 28, 2025, under Delaware law.
The November 28, 2025 Form 8-K further explains that, under the Plan of Dissolution, the company’s remaining secured and unsecured obligations are expected to exceed the value of the assets assigned for the benefit of creditors. As a result, Lazydays disclosed that it would not be able to provide any return to its stockholders and that stockholders would suffer a complete loss on their investment in connection with the dissolution.
Trading status is also addressed in the company’s filings. On November 7, 2025, Lazydays announced its intention to voluntarily delist its common stock from The Nasdaq Capital Market, and its November 7, 2025 Form 8-K describes the planned filing of Form 25 with the SEC. The November 28, 2025 Form 8-K confirms that the Form 25 became effective and that the company’s common stock was delisted from Nasdaq effective November 28, 2025. The company stated that it had not arranged for listing or registration of its common stock on another national securities exchange and could provide no assurance that trading on any other market would be possible.
Prior to these events, Lazydays had taken steps to address listing compliance. A July 10, 2025 Form 8-K and related press release describe a 1-for-30 reverse stock split of its common stock, intended primarily to increase the per-share market price to meet Nasdaq’s minimum bid price requirement. A subsequent August 4, 2025 Form 8-K notes that Nasdaq confirmed the company had regained compliance with the minimum bid price rule following the reverse split.
Throughout its public communications, Lazydays continued to describe its core identity as an RV-focused company offering RV sales, service, accessories, and parts, and serving as a destination for RV enthusiasts. However, its later SEC filings and news releases make clear that, as of late November 2025, Lazydays had completed the sale of substantially all of its operating assets, ceased operations, entered into an assignment for the benefit of creditors, filed a certificate of dissolution, and had its common stock delisted from Nasdaq. The company also disclosed that no liquidating distributions to stockholders were expected.
Business model and activities (historical)
Based on the company’s own descriptions in its press releases, Lazydays’ historical business model centered on:
- RV sales: Retail sale of recreational vehicles, with the company emphasizing a wide selection of RV brands from top manufacturers.
- Service and repairs: Operation of service facilities described as state-of-the-art, supporting maintenance and repair needs for RV owners.
- Accessories and parts: Offering an extensive range of accessories and parts to support RV ownership and travel.
- Customer experience: Focusing on the overall RV ownership experience, including guidance for both experienced RVers and new customers.
These activities placed Lazydays within the Recreational Vehicle Dealers industry, with a focus on retail trade and related services.
Corporate status and dissolution
For investors and researchers, the key structural facts from the company’s late-stage filings are:
- Lazydays agreed to sell substantially all of its assets under an Asset Purchase Agreement executed on October 6, 2025.
- A series of closings in November 2025 transferred dealership and real estate assets in multiple states to the purchasers.
- Following the final closing on November 26, 2025, the company had no remaining operating business.
- On November 28, 2025, Lazydays executed a general assignment for the benefit of creditors and filed a Certificate of Dissolution, and it ceased business operations.
- The company disclosed that its obligations were expected to exceed its remaining assets and that no return to stockholders would be possible.
- The company’s common stock was voluntarily delisted from Nasdaq effective November 28, 2025, with no alternative listing arranged.
These disclosures indicate that GORV represents a defunct, dissolved company whose historical operations were in the RV dealership and service space, and whose equity holders are not expected to receive distributions under the dissolution plan.