Welcome to our dedicated page for Lazydays Hldgs news (Ticker: GORV), a resource for investors and traders seeking the latest updates and insights on Lazydays Hldgs stock.
Lazydays Holdings, Inc. (GORV) has a substantial body of news coverage reflecting both its historical role in the recreational vehicle (RV) dealership industry and its later-stage corporate restructuring and dissolution. Company press releases describe Lazydays as an RV-focused business that, since 1976, built its reputation around RV sales, service, and ownership experiences, supported by a wide selection of RV brands, service facilities, and an extensive range of accessories and parts.
The news flow for GORV includes operational updates, financial results, corporate actions, and significant strategic transactions. Earnings-related releases, such as the August 14, 2025 announcement of second quarter 2025 financial results, provide detail on revenue composition across new and pre-owned vehicle retail, wholesale, consignment, finance and insurance, and service, body and parts categories, along with metrics like gross profit margins and unit volumes. These items offer insight into how the company’s RV dealership operations performed over time.
Another major category of news involves asset divestitures and balance sheet actions. Releases in June and August 2025 describe the sale of specific dealership locations and related real estate, including transactions in Tulsa, Oklahoma; Mesa, Arizona; Fort Pierce, Florida; Longmont, Colorado; and Las Vegas, Nevada. The company framed these transactions as steps to streamline its footprint, generate liquidity, and reduce non-floorplan indebtedness.
Corporate and capital markets developments are also prominent in the news record. In July 2025, Lazydays announced a 1-for-30 reverse stock split intended to help regain compliance with Nasdaq’s minimum bid price requirement, followed by a notice in August 2025 that Nasdaq had confirmed compliance. Later, a November 7, 2025 press release and related Form 8-K disclosed the company’s intention to voluntarily delist its common stock from The Nasdaq Capital Market, citing the anticipated sale of substantially all assets and a Plan of Liquidation and Dissolution.
Subsequent filings and news items in October and November 2025 detail an Asset Purchase Agreement to sell substantially all of the company’s assets to entities affiliated with Campers Inn Holding Corporation, the series of closings across multiple states, and the company’s expectation that it would have no ongoing operations after completion of the asset sales. A November 28, 2025 Form 8-K confirms that Lazydays ceased business operations, entered into a general assignment for the benefit of creditors, filed a Certificate of Dissolution effective November 28, 2025, and that its common stock was delisted from Nasdaq on that date, with no liquidating distributions expected for stockholders.
This news page therefore serves as a historical archive of GORV-related developments, from operating and financial updates to the sequence of transactions that led to the company’s dissolution and delisting. Readers can use this coverage to trace how Lazydays’ RV dealership business evolved, how management addressed liquidity and debt, and how the final asset sales and liquidation process unfolded.
Lazydays (Nasdaq: GORV) announced its intention to delist from The Nasdaq Capital Market, with the delisting expected to become effective on or about November 28, 2025.
The company entered an Asset Purchase Agreement on October 6, 2025 to sell substantially all assets to affiliates of Campers Inn, with stockholder approval of the Asset Sale and a Plan of Liquidation and Dissolution on October 14, 2025. Site-by-site closings are anticipated between November 17 and November 26, 2025.
Management cited substantial operating losses, limited cash, indebtedness, inability to secure capital, and the expectation that sale proceeds will repay creditors, leaving no return for stockholders, as reasons for delisting and winding up operations.
Lazydays Holdings (NASDAQ:GORV) reported its Q2 2025 financial results, highlighting progress in its turnaround plan. The company's revenue decreased to $131.3 million from $235.6 million in Q2 2024. The net loss improved to $24.6 million ($6.67 per share) compared to $44.2 million ($96.53 per share) in the prior year.
The company's strategic initiatives included improving gross profit margins across all products and services, and divesting non-core assets. These divestitures helped reduce total liabilities by over $200 million in H1 2025. The quarter included $7.7 million in non-cash impairment charges. Adjusted EBITDA improved to $(6.2) million from $(9.4) million in Q2 2024.
Lazydays Holdings (NASDAQ:GORV) has successfully completed the sale of its Tulsa, Oklahoma location's assets and real estate to Ron Hoover RV & Marine. CEO Ron Fleming highlighted that this strategic divestment aligns with the company's goals of debt reduction and balance sheet strengthening. The transaction was executed efficiently, allowing Lazydays to maintain focus on its core store locations.
Lazydays Holdings (NASDAQ:GORV) has implemented a 1-for-30 reverse stock split effective July 11, 2025, at 5:00 p.m. Eastern time. The company's common stock will begin trading on an adjusted basis on July 14, 2025, under the same symbol "GORV" but with a new CUSIP number 52110H209.
The primary purpose of this reverse split is to increase the per share market price to regain compliance with Nasdaq Capital Market's minimum bid price requirement. The split automatically combines every 30 shares into one new share, with fractional shares being rounded up to the nearest whole number. Stockholders' percentage ownership remains largely unchanged, except for minimal adjustments due to rounding.
Lazydays Holdings (NASDAQ:GORV) has announced a 1-for-30 reverse stock split effective July 11, 2025, at 5:00 p.m. Eastern time. The company's stock will begin trading on an adjusted basis on July 14, 2025, under the same symbol "GORV" but with a new CUSIP number 52110H209.
The primary purpose of this reverse split is to increase the company's per share market price to regain compliance with Nasdaq's minimum bid price requirement. The split was approved by stockholders at the Annual Meeting on July 3, 2025. For every 30 shares held, stockholders will receive one new share, with fractional shares rounded up to the nearest whole number.
Continental Stock Transfer & Trust Company will serve as the exchange agent, with automatic adjustments for electronic holdings and specific instructions to be provided for certificate holders.Lazydays Holdings (NASDAQ:GORV) has appointed Ron Fleming as permanent Chief Executive Officer, following his role as Interim CEO since September 2024. Fleming, a veteran with over 40 years of RV industry experience, previously served in various leadership positions at Lazydays from 2013 to 2023, including Senior Vice President of Operations.
Under Fleming's interim leadership, he implemented an operational turnaround plan and executed strategic transactions to stabilize the business. His extensive experience includes managing the company's flagship Tampa dealership and overseeing all Lazydays locations as Vice President and National General Manager. Fleming was also instrumental in the company's public listing in 2018.
Lazydays Holdings (NASDAQ:GORV) has entered into a definitive agreement to sell its Tulsa, Oklahoma location's assets and real estate to Ron Hoover RV & Marine. The transaction is expected to complete in the coming weeks.
The sale aligns with Lazydays' strategy to streamline operations and strengthen its financial position by bringing cash to the balance sheet and reducing debt. For Ron Hoover RV & Marine, this acquisition represents a strategic expansion into the Tulsa market, following their initial Oklahoma presence in Oklahoma City.