Rumble Announces Final Results of its Tender Offer

Core Viewpoint - Rumble has successfully completed a tender offer to purchase up to 70 million shares of its Class A common stock at a price of $7.50 per share, totaling an aggregate purchase price of$525 million [1][3]. Group 1: Tender Offer Details - The tender offer expired on February 4, 2025, at 5:00 p.m. New York City time [1]. - A total of 70,061,168 shares were validly tendered and not properly withdrawn, with Rumble accepting 70,000,000 shares on a pro-rata basis [2][3]. - The proration factor for the tender offer was 0.9991284, meaning nearly all tendered shares were accepted [3]. Group 2: Shareholder Participation - The tender offer was part of a Transaction Agreement with Tether Investments Limited, dated December 20, 2024 [4]. - Existing stockholders, including executive officers and directors, tendered the majority of the shares, having entered into separate agreements to support the tender offer [4]. Group 3: Company Overview - Rumble is a high-growth video-sharing platform and cloud services provider aiming to create an independent infrastructure and restore the internet to its roots by making it free and open [6].