After $775 million Tether investment, Rumble’s tender offer should ...

Dec 23, 2024  · Rumble Inc.’s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self-tender offer will alleviate investor liquidity …


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After $775 Million Tether Investment, Rumble’s Tender Offer Should ...

4 weeks from now

Dec 23, 2024  · Rumble Inc.’s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self-tender offer will alleviate investor liquidity …

marketwatch.com

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Rumble Secures $775 Million Investment From Tether, Stock Soars …

4 weeks from now

Dec 23, 2024  · Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials).After the announcement, Rumble's stock price is up 76%, …

yahoo.com

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Rumble’s Stock Soars After $775 Million Investment From ... - MSN

4 weeks from now

Both the investment and tender offer are expected to be completed in Q1 2025. Following the market opening, Rumble’s stock jumped 43.7% and settled at $7.19, down 1.10% by market …

msn.com

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Rumble Stock Surges After $775M Strategic Investment From …

4 weeks from now

Dec 23, 2024  · Rumble said it will use $250 million of the proceeds to support growth initiatives and the remaining to fund a self-tender offer for up to 70 million of its Class A common stock at …

stocktwits.com

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Rumble Stock Soars After Video Platform Gets $775M Investment …

4 weeks from now

Dec 23, 2024  · Rumble received a $775 million cash injection from cryptocurrency company Tether. Rumble explained that Tether would be purchasing 103.3 million shares at $7.50 each, …

investopedia.com

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Rumble To Receive $775 Million Strategic Investment From Tether

4 weeks from now

Dec 20, 2024  · Rumble also said that it will use a portion of the proceeds to fund a self-tender offer for up to 70 million of Rumble's common stock. The investment and the tender offer are …

yahoo.com

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Tether Announces $775 Million Strategic Investment In Rumble To …

4 weeks from now

Dec 20, 2024  · The investment includes a primary commitment of $250 million in cash, with Tether also supporting Rumble’s tender offer for up to 70 million shares at $7.50 per share, …

tether.io

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Rumble Announces $775 Million Strategic Investment From Tether

4 weeks from now

Dec 20, 2024  · Rumble Will Use $250 Million of Proceeds to Further Solidify Balance Sheet and Accelerate Growth Initiatives. Remaining Proceeds Will Be Used to Fund Self Tender Offer for …

marketscreener.com

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Rumble Stock Soars On $775 Million Investment From Tether

4 weeks from now

Dec 21, 2024  · The Details: Tether USDT/USD has agreed to purchase 103.33 million shares of Rumble Class A Common Stock at a price per share of $7.50, totaling $775 million in gross …

benzinga.com

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Rumble Announces $775 Million Strategic Investment From Tether

4 weeks from now

Dec 20, 2024  · Investment: Tether has agreed to purchase 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 …

businessinsider.com

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YouTube Competitor Rumble (RUM) Gets $775M Investment From …

4 weeks from now

Dec 20, 2024  · YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether. Rumble will use $250 million of the money to support …

coindesk.com

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Tether's $775M Power Move: Rumble's Decentralized Media …

4 weeks from now

Dec 23, 2024  · Here's the deal: $250 million goes straight into fueling Rumble's growth rocket, and the rest funds a tender offer that lets shareholders cash out at $7.50 per sharethe same …

yahoo.com

$775
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Rumble Announces $775 Million Strategic Investment From Tether

4 weeks from now

1 day ago  · Investment: Tether has agreed to purchase 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 …

citybiz.co

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Rumble Announces $775 Million Strategic Investment From Tether

4 weeks from now

Dec 22, 2024  · Investment: Tether will acquire 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share, resulting in $775 million in gross proceeds to Rumble. $250 million …

gizmotimes.com

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Rumble Secures $775 Million Investment From Tether, Stock Soars

4 weeks from now

Digital assets company Tether made a $775 million strategic investment disclosed by Rumble (RUM, Financials). After the announcement, Rumble's stock price is up ... Remaining funds to …

gurufocus.com

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Rumble Gets $775 Million Investment From Crypto Firm Tether

4 weeks from now

Dec 20, 2024  · Rumble said Friday it entered an agreement for a $775 million investment from the cryptocurrency company Tether. Tether agreed to purchase about 103.3 million shares of …

morningstar.com

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Rumble Announces $775M Strategic Investment From Tether; …

4 weeks from now

Rumble (NASDAQ:RUM) said on Friday that it has entered into a definitive agreement for a strategic investment of $775 million from Tether. The company will use $250 million of the …

msn.com

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Rumble Secures $775 Million Investment From Tether

4 weeks from now

Dec 20, 2024  · Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform.. As part of the deal, Tether will …

cryptobriefing.com

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Video-Sharing Platform Rumble Nabs $775M Investment From …

4 weeks from now

Rumble will receive $250 million in the deal, with the remaining proceeds "to fund a self tender offer for up to 70 million of its Class A Common Stock, at the same price ($7.50 per share) as ...

msn.com

$775
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Rumble To Receive $775 Million Strategic Investment From Tether

4 weeks from now

Dec 20, 2024  · Video sharing platform and cloud services provider Rumble said on Friday it has entered into an agreement with Tether, a blockchain-enabled platform, to receive a strategic …

reuters.com

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The Company Behind The World's Third-Largest ... - The Motley Fool

4 weeks from now

4 days ago  · And much of its leap is thanks to a massive $775 million investment from ... Why the market is excited about Tether's investment in Rumble. ... the company had a net loss of $116 …

fool.com

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Crypto Giant Tether Invests $775 Million In Trump-friendly Video ...

4 weeks from now

Dec 21, 2024  · The deal will see Tether invest $775 million in total, using $250 million to fund growth initiatives to expand the platform's reach. The rest will be used to fund a tender offer for …

yahoo.com

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Rumble Shares Surge 46% In Pre-open Trade On $775M Investment …

4 weeks from now

Dec 23, 2024  · Investing.com -- Shares of Rumble (NASDAQ:RUM) surged over 46% in pre-open trade on Monday following a $775 million investment from Tether, the digital assets company …

yahoo.com

FAQs about After $775 million Tether investment, Rumble’s tender offer should ... Coupon?

How much will tether invest in Rumble?

The investment includes a primary commitment of $250 million in cash, with Tether also supporting Rumble’s tender offer for up to 70 million shares at $7.50 per share, reinforcing the platform’s future growth initiatives. The total anticipated investment from Tether will be approximately $775 million or 103,333,333 shares of common stock. ...

Is Rumble a tether stock?

YouTube competitor Rumble (RUM) is in a deal for a $775 million strategic investment from stablecoin giant Tether. Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. ...

Will Rumble's $775 million tether fund a self-tender offer?

Photo: CHRIS DELMAS/AFP via Getty Images Rumble Inc.’s plan to use some of the proceeds from a $775 million investment from cryptocurrency giant Tether to fund a self-tender offer will alleviate investor liquidity concerns, according to analyst firm Oppenheimer. ...

How much does Rumble's tether offer cost?

In addition to the direct investment, the deal includes a self-tender offer, which will allow stockholders to sell up to 70 million shares of Rumble's Class A Common Stock at $7.50 per share, the same price as Tether’s investment. This provides a rare liquidity event for Rumble’s investors. ...

Who owns tether & Rumble?

Rumble says that after the investment closes, chairman and CEO Chris Pavlovski will still hold a majority stake in the company, though he will sell as many as 10 million shares in the tender offer. Tether, meanwhile, has become one of the most prominent stablecoins in the crypto universe, with more than 350 million users. ...

Will tether buy Rumble Class A shares?

Warning! GuruFocus has detected 2 Warning Sign with RUM. Under the deal, Tether will buy 103.3 million Rumble Class A Common Stock shares at $7.50 each. From the earnings, Rumble intends to deploy $250 million to support its financial sheet and drive its growth objectives. ...

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