STOCK TITAN

Lazydays Holdings, Inc. 8-K Filings

GORV NASDAQ

Every 8-K that Lazydays Holdings, Inc. (GORV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow GORV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GORV filings page.

Rhea-AI Summary

Lazydays Holdings, Inc. has effectively shut down its business. The company completed the final closing of its asset sale to CIRV Group affiliates, receiving approximately $88.1 million for four dealership sites; about $86.0 million was used to repay senior secured debt under its credit agreement and roughly $2.1 million covered transaction expenses, leaving no cash for the company.

After this closing, Lazydays transferred all remaining assignable assets to a third-party assignee for the benefit of creditors and agreed to pay that advisor a $225,000 fee (less a $40,000 advance) plus 9.0% of proceeds from the assigned estate. The company filed a certificate of dissolution effective November 28, 2025, ceased operations, terminated all remaining employees, and its common stock was voluntarily delisted from Nasdaq. Lazydays states it does not expect any liquidating distribution, so common stockholders are expected to suffer a complete loss on their investment.

Rhea-AI Summary

Lazydays Holdings, Inc. (GORV) reports a series of asset sales to CIRV Group entities covering multiple RV dealership Sites across Oregon, Tennessee, Iowa, Arizona, Colorado, Utah, Minnesota, Ohio and Texas. Purchase prices included approximately $53.3 million for several Sites closed on November 19, 2025, $5.3 million for certain Knoxville, Tennessee real estate, $31.9 million for additional western and midwestern Sites, $39.7 million for Sites in Ohio, Texas and Colorado, and $13.3 million for further Knoxville real estate. In each case, nearly all proceeds were used to repay senior secured debt and related obligations, with the remainder covering transaction expenses and taxes, and no cash retained by the Sellers.

The company reiterates that, after completing remaining Site closings, it will have sold substantially all assets, will wind up and dissolve under an Amended Plan of Liquidation and Dissolution, its obligations are expected to exceed its assets, and stockholders are expected to receive no return and suffer a complete loss on their investment. The Nasdaq listing of its common stock is expected to be terminated on November 28, 2025.

Rhea-AI Summary

Lazydays Holdings (GORV) will voluntarily delist its common stock from Nasdaq. The Board decided on November 7, 2025 to proceed and notified Nasdaq the same day. The company plans to file Form 25 on or about November 17, 2025; effectiveness is expected ten days later, with delisting on or about November 28, 2025. The company has not arranged listing on another national exchange or quotation medium and gives no assurance that trading will continue on any over-the-counter market.

Rhea-AI Summary

Lazydays Holdings (GORV) amended its lender waiver to support ongoing asset sales and a planned wind‑down. On October 29, 2025, the company signed a First Amendment to its Limited Waiver and Consent under its floor plan Credit Agreement, extending relief for specified defaults during a Waiver Period that began September 12, 2025 and lasts until the earlier of 11:59 p.m. Eastern on December 1, 2025 or a new default.

The waiver covers potential defaults including missed vehicle curtailment and interest payments and related cross‑defaults. Lenders consented to asset sales to entities with common ownership to Campers Inn Holding Corporation, with net proceeds applied to repay Credit Agreement obligations, while certain non‑vehicle proceeds may go to the company’s First Horizon Bank mortgage. The amendment adds defaults tied to litigation notice failures and a change in control resulting from the stockholder‑approved Amended Plan of Liquidation and Dissolution on October 14, 2025.

During the Waiver Period, inventory eligibility is eased to allow higher borrowing and the company may retain up to $4,500,000 of certain asset sale proceeds for working capital. The company states that after completing all asset sales, it would have no remaining operations and expects remaining matters to be governed by the adopted liquidation plan.

Rhea-AI Summary

Lazydays Holdings, Inc. has signed a definitive agreement to sell substantially all of its assets to CIRV Group, LLC and an affiliate, with total consideration including $30 million for operating assets (excluding RV inventory and owned real estate), a separately calculated amount for RV inventory based on agreed formulas, and $34.9 million for owned real property. The sales will close site by site, subject to antitrust clearances, required stockholder approvals and third-party consents.

In connection with these asset sales, the Board approved a Plan of Liquidation and Dissolution, subject to stockholder approval, under which remaining assets may be liquidated and the company dissolved. Lazydays states that, after paying secured debt, it expects it likely will not have enough cash to repay all unsecured creditors in fullno value would be available for common stockholders. The company warns that its common stock and other securities are highly speculative and that stockholders face a significant or complete loss of their investment.

Rhea-AI Summary

Lazydays Holdings, Inc. entered a largely nonbinding letter of intent with Campers Inn for Campers Inn or a new holding company to acquire all or substantially all of Lazydays’ assets. Consideration includes $30,000,000 for furniture, fixtures, equipment, parts, goodwill and other personal property (excluding RV inventory), plus amounts for RV inventory and owned real estate based on methodologies and appraised values described in the LOI. Campers Inn paid a $1,000,000 deposit, and Lazydays granted exclusivity through early October, subject to a $10,000,000 breakup fee if it pursues a superior offer.

Lazydays also obtained an amended and restated waiver under its floor plan credit facility, temporarily waiving multiple covenant and payment defaults through December 1, 2025, tightening liquidity controls, and reducing aggregate commitments from $225,000,000 to $200,000,000. Sale proceeds must largely repay the facility, and termination of the LOI or definitive agreement would trigger an immediate event of default. Separately, Lazydays issued WARN Act notices for expected layoffs at its Tampa corporate headquarters around November 16, 2025 in connection with the contemplated transaction.

Rhea-AI Summary

Lazydays Holdings, Inc. entered into a First Amendment to a limited waiver and consent related to its existing floor plan Credit Agreement with Manufacturers and Traders Trust Company and other lenders. The original waiver temporarily covered specified defaults tied to missed vehicle curtailment payments due on or about August 1, 2025 and missed interest payments on July 31 and August 1, 2025, during a waiver period running from July 31, 2025 until September 12, 2025 or earlier if other conditions are breached. The amendment broadens this relief to include additional missed vehicle curtailment payments due on or about September 2, 2025 and missed interest payments on August 28 and September 2, 2025, and extends the deadline for the company to deliver either acceptable capital-raising indications of interest or draft debtor relief filings from August 22, 2025 to September 5, 2025. This structure gives Lazydays a short additional window to pursue asset sales or new financing or to prepare potential debtor relief actions under the constraints of its lenders.

Rhea-AI Summary

Lazydays Holdings, Inc. filed a current report to note that on August 14, 2025 it issued a press release announcing its financial results for the second quarter ended June 30, 2025. The press release is provided as Exhibit 99.1, and the company states that this information is being furnished rather than filed under the securities laws.

Rhea-AI Summary

Lazydays Holdings, Inc. (Nasdaq: GORV) filed an 8-K disclosing three corporate-governance actions taken between 7 July and 9 July 2025.

  • Indemnification agreements: The company executed new agreements with every board member and its Chief Administrative Officer. These contracts obligate Lazydays to advance expenses and fully indemnify the covered individuals to the maximum extent permitted by Delaware law, supplementing existing charter and by-law protections.
  • Board appointment: Alexandre Zyngier (55) was appointed to fill a vacant board seat effective 7 July 2025 and is expected to join the Nominating & Governance Committee. Zyngier is Managing Director of Batuta Capital Advisors and holds multiple current and prior board positions across public and private companies.
  • Leadership transition: On 9 July 2025 the board removed the “interim” designation for Ronald K. Fleming, formally naming him Chief Executive Officer. The only change to Fleming’s 14 September 2024 employment agreement is the updated title, as documented in an amendment (Exhibit 10.2).

Exhibits include the form of indemnification agreement (10.1), the CEO employment-agreement amendment (10.2) and a related press release (99.1). No financial metrics, earnings guidance, or transactional details were provided. The filing primarily clarifies governance structure, risk allocation for directors/officers and solidifies executive leadership.

Rhea-AI Summary

Lazydays Holdings, Inc. (Nasdaq: GORV) has approved and scheduled a 1-for-30 reverse stock split of its common shares, to be effective at 5:00 p.m. ET on July 7, 2025. Trading on a split-adjusted basis will begin July 14, 2025 under the unchanged ticker “GORV” and a new CUSIP (52110H209).

The split was authorized by shareholders at the July 3, 2025 annual meeting and subsequently fixed by the Board to bring the share price back above Nasdaq’s $1.00 minimum bid required in Listing Rule 5550(a)(2). Every 30 outstanding shares will automatically combine into one new share. No cash will be paid for fractional shares; instead, fractional positions will be rounded up to the nearest whole share, slightly increasing total shares outstanding by an immaterial amount.

  • Capital structure: The action does not change the number of authorized shares or the $0.0001 par value.
  • Derivative securities: All outstanding options, warrants and share-based plan reserves will be proportionally adjusted.
  • Ownership impact: Percentage ownership for existing holders remains unchanged other than de-minimis rounding.
  • Regulatory motive: The split aims to preserve the Company’s Nasdaq listing status; no operational or balance-sheet changes are involved.
  • Disclosure: Details were announced via press release (Exhibit 99.1) and filed on Form 8-K, Item 8.01.

Management’s decision signals an urgent need to elevate the market price after prolonged trading below $1.00. While necessary to avoid delisting, such high-ratio reverse splits can be perceived negatively by the market because they often accompany weak share-price performance. Investors should monitor liquidity, post-split bid-price compliance, and any fundamental initiatives designed to improve operating results beyond the mechanical share consolidation.

Rhea-AI Summary

Lazydays Holdings, Inc. (Nasdaq: GORV) filed an 8-K to disclose two binding agreements signed on 18 June 2025 with Texas-based Ron Hoover Companies, Inc..

1. Asset Purchase Agreement
• Seller: Lazydays RV of Oklahoma, LLC (indirect subsidiary)
• Assets: substantially all operating assets of the Claremore, Oklahoma RV dealership at 24655 S. Highway 66.
• Consideration: ≈ US$2.1 million for goodwill, F,F&E and parts, plus additional cash at closing for new & used RV inventory and service work-in-process (amounts to be calculated based on actual inventories).
• Closing conditions: customary reps & warranties; operation in ordinary course until close; repayment of debt secured by the purchased assets from sale proceeds.
• Termination: mutual consent, injunction, non-closing after 1 Aug 2025, or specified breaches/misrepresentations.

2. Real Estate Purchase Agreement
• Seller: LD Real Estate, LLC (indirect subsidiary).
• Property: underlying dealership real estate.
• Consideration: ≈ US$7 million cash, subject to customary adjustments.
• Automatic termination if the Asset Purchase Agreement is terminated.

The combined transactions could generate ≈ US$9.1 million in gross proceeds before inventory adjustments and debt payoff. A press release announcing the agreements was issued on 24 June 2025 (Exhibit 99.1). No earnings data or intended use of proceeds were provided.