Rumble Inc. RUM
Terms unclear
Unclear — read the filing yourself
| Status | Closed |
|---|---|
| Closing date | 2025-02-04 |
| How it is priced | Fixed price |
| Odd-lot threshold | Fewer than 100 shares |
| Must tender everything you hold | Yes |
| Must tick the odd-lot box on the form | Yes |
| Price offered | USD $7.50 per share |
| Most an odd-lot tender could be | $742.50 |
Where each of these comes from
Every line above was read out of the filing. Here is the wording it was read from, so you can check it.
election_required = True...If more than 70,000,000 Shares are validly tendered and not validly withdrawn, we will purchase Shares as follows: • first, from all holders of “odd lots” of less than 100 Shares who validly tender all of their Shares, do not validly withdraw such Shares and complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery; and • second, from all other stockholders (including the Supporting Stockholders) who validly tender Shares and do not validly withdraw such Shares, on a pro rata basis, based on the Proration Factor (as defined herein). The Offer will be fully subscribed as a result of the Suppor...
expiry = 2025-02-04...70,000,000 Shares of its Class A Common Stock at a Purchase Price of $7.50 per Share, Representing an Aggregate Purchase Price of Up to $525,000,000 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON FEBRUARY 4, 2025, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME AND DATE, AS IT MAY BE EXTENDED OR TERMINATED, THE “EXPIRATION TIME”). Rumble Inc., a Delaware corporation (the “Company”, “Rumble”, “we”, “our” or “us”), invites stockholders to tende...
listed = True...is not conditioned on any minimum number of Shares being tendered. The Offer is, however, subject to other conditions, including the Strategic Investment Condition (as defined herein). See Sections 2, 6 and 8. Our shares of Class A Common Stock are listed and traded on the NASDAQ Stock Market LLC (the “NASDAQ”) under the symbol “RUM.” On January 2, 2025, the last trading day before the announcement of the commencement of the Offer, the closing price of our shares of Class A Common Stock on the NASDAQ was $12.40 per Share. Stockholders are urged to obtain current trading prices for the Class A Common Stock before deciding whether to tender the...
mechanism = FIXEDEX-99.(A)(1)(A) 2 sctoi_ex99a1arumble.htm OFFER TO PURCHASE, DATED JANUARY 3, 2025. Exhibit (a)(1)(A) Offer to Purchase for Cash by Rumble Inc. of Up to 70,000,000 Shares of its Class A Common Stock at a Purchase Price of $7.50 per Share, Representing an Aggregate Purchase Price of Up to $525,000,000 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON FEBRUARY 4, 2025, UNLESS THE OFFER IS EXTENDED OR TERMINATED (SUCH TIME AND DATE, AS IT MAY BE EXTENDED OR TERMINATED, THE “EXPIRATION TIME”). Rumble Inc., a Delaware corporati...
mechanism = FIXED...e” or the “Company”), the video-sharing platform and cloud services provider, announced today the final results of its tender offer to purchase up to 70,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), at a purchase price of $7.50 per share, in cash, less any applicable withholding taxes and without interest, representing an aggregate purchase price of $525 million. The tender offer expired at 5:00 p.m., New York City time, on February 4, 2025. Based on the final count by the depositary for the tender offer, 70,061,168 shares of common stock were validly and successfully te...
must_tender_all = True...Q. 5 Table of Contents What happens if more than 70,000,000 Shares are tendered? If more than 70,000,000 Shares are validly tendered and not validly withdrawn, we will purchase Shares as follows: • first, from all holders of “odd lots” of less than 100 Shares who validly tender all of their Shares, do not validly withdraw such Shares and complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery; and • second, from all other stockholders (including the Supporting Stockholders) who validly tender Shares and do not validly withdraw such Shares, on a pro rata basis,...
price = USD 7.5...ex99a1arumble.htm OFFER TO PURCHASE, DATED JANUARY 3, 2025. Exhibit (a)(1)(A) Offer to Purchase for Cash by Rumble Inc. of Up to 70,000,000 Shares of its Class A Common Stock at a Purchase Price of $7.50 per Share, Representing an Aggregate Purchase Price of Up to $525,000,000 THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON FEBRUARY 4, 2025, UNLESS THE OFFER IS EXTENDED OR TERMIN...
price = USD 7.5...nounced today the final results of its tender offer to purchase up to 70,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), at a purchase price of $7.50 per share, in cash, less any applicable withholding taxes and without interest, representing an aggregate purchase price of $525 million. The tender offer expired at 5:00 p.m., New York City time, on February 4, 2025. Based on th...
price = USD 7.5...the most recognized symbols for financial inclusion. Final Transaction Details: As part of the transaction Tether purchased 103,333,333 shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross proceeds to Rumble. The Company will use $250 million of the proceeds, after transaction expenses, to support growth initiatives. As part of the closing of the transaction, the Company ha...
threshold = 100...rting Stockholders). As a result, all of the Shares that a stockholder tenders in the Offer may not be purchased. 11 Table of Contents Odd Lots. The term “Odd Lots” means all Shares validly tendered prior to the Expiration Time and not withdrawn by any person who owned beneficially or of record a total of fewer than 100 Shares and so certified in the appropriate place on the Letter of Transmittal and, if applicable, on the Notice of Guaranteed Delivery (an “Odd Lot Holder”). To qualify for this Odd Lot preference, an Odd Lot Holder must tender all Shares owned by such Odd Lot Holder in accordance with the procedures described in Section 3. Odd Lots will be acc...
txn_type = CONSOLIDATION...nt that an award under the 2022 Plan expires or is canceled, forfeited, settled in cash, or otherwise terminated, the full number of shares of Class A Common Stock to which the award is related will again be available for grant. In the event of a stock split, reverse stock split, or stock combination, stock dividend or distribution, or a conversion into or exchange for other securities as a result of a merger, consolidation or reorganization, or in connection with extraordinary cash dividends, the Compensation Committee will: (A) adjust any or all of the following in order to preserve rights substantially propor...
txn_type = TENDER_OFFER...Rumble Announces Final Results of its Tender Offer LONGBOAT KEY, Fla, February 5, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, announced today the final results of its tender offer to purchase up to 70,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), at a purchase price of $7.50 per share, in cash, less any applicable withholding taxes and without interest, representing an aggregate purchase price of $525 million. The tender offer expired at 5:00 p.m., New York City time, on...
txn_type = TENDER_OFFER...illion in gross proceeds to Rumble. The Company will use $250 million of the proceeds, after transaction expenses, to support growth initiatives. As part of the closing of the transaction, the Company has successfully completed the previously announced tender offer to purchase up to 70,000,000 shares of its Class A common stock. The tender offer expired at 5:00 p.m., Eastern Time, on February 4, 2025. As of the expiration, 70,061,168 shares had been validly and successfully tendered and not properly withdrawn from the tender offer. Rumble subsequently accepted 70,000,000 shares for purchase, on a pro-rata basi...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2025-01-03 | SC TO-I | original (governing) | View |
| 2025-02-05 | SC TO-I/A | amendment | View |
| 2025-02-07 | SC TO-I/A | amendment | View |