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

4 days ago · 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%, trading …

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

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4 days ago · 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%, trading …

yahoo.com

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Rumble Announces $775 Million Strategic Investment From Tether

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Dec 20, 2024 · Lastly, beyond our initial shareholder stake, Tether intends to drive towards a meaningful advertising, cloud, and crypto payment solutions relationship with Rumble.” …

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

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Rumble announced on Saturday that it had secured a strategic investment of $775 million from Tether. The company stated that Chris Pavlovski, Rumble’s chairman and CEO, will retain a …

msn.com

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

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4 days ago · The remaining proceeds will fund a self-tender offer for up to 70 million of its Class A common stock at $7.50 per share, the same price as Tether’s investment, Rumble added. …

marketwatch.com

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

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4 days ago · 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 …

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Rumble Announces $775 Million Strategic Investment From Tether

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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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Rumble Stock Surges After $775M Strategic Investment From …

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5 days ago · Tether, the largest cryptocurrency by volume and holding 70% of market share among stablecoins, will buy 103.22 million Rumble Class A stock at $7.50 per share. Rumble …

stocktwits.com

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Rumble To Receive $775 Million Strategic Investment From Tether

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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 …

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Tether Invests $775 Million In Rumble Following YouTube Rival

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Dec 21, 2024 · Stablecoin issuer Tether announced on Friday that it is investing $775 million in streaming video platform Rumble, a rival to YouTube that bills itself as an anti-censorship …

decrypt.co

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Rumble Stock Rockets On $775M Tether Investment - Nasdaq

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4 days ago · Online video platform Rumble (RUM) saw its stock rocket higher on Monday after the company received a new $775 million investment from Tether (USDT), the company behind …

nasdaq.com

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Rumble Shares Soar After $775 Million Tether Investment

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Shares of right-leaning video platform Rumble Inc. are up 41.2% in premarket trading Monday, lifted by a $775 million investment from crypto giant Tether. Rumble’s stock is on pace for its ...

marketwatch.com

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Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

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5 days ago · Based on Benzinga, Rumble Inc. (NASDAQ: RUM) experienced a significant pre-market surge of 44% following a $775 million investment from Tether. This investment involves …

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Tether Invests $775 Million In Rumble, Shares Surge 44.6% In ...

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Dec 21, 2024 · Rumble plans to use $250 million of the funding to support growth initiatives while offering to repurchase up to 70 million Class A common stock shares at $7.50 each, the same …

tradersunion.com

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Rumble Shares Soar After Agreeing To $775 Million Strategic …

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4 days ago · -- Rumble shares were up almost 61% Monday morning after the companies said late Friday that Rumble agreed to a $775 million strategic investment from cryptocurrency firm …

marketscreener.com

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Rumble Stock Soars On $775 Million Investment From Tether: …

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Dec 21, 2024 · Rumble Inc. (NASDAQ:RUM) shares are soaring in after-hours trading Friday after the company announced it has entered into a definitive agreement for a strategic investment of …

investingpioneers.com

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Tether’s $775 Million Rumble Investment Sparks Stock 35% Surge

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Dec 20, 2024 · Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. …

cryptoslate.com

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Rumble Soars 97 Percent On $775 Million Tether Investment

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4 days ago · Rumble Inc. (NASDAQ:RUM) saw its shares skyrocket over 97% intra-day today after securing a $775 million investment from Tether, the company behind the widely used …

cweb.com

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Rumble Stock Soars On $775 Million Investment From Tether: …

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Dec 21, 2024 · Rumble Inc. (NASDAQ: RUM) shares are soaring in after-hours trading Friday after the company announced it has entered into a definitive agreement for a strategic …

sahmcapital.com

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Rumble Stock Soars After $775 Million Investment From Tether

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5 days ago · Rumble Inc. (NASDAQ: RUM), a rapidly growing video-sharing platform, has made waves in the financial world after securing a $775 million investment from Tether, the operator …

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FAQs about Rumble Secures $775 Million Investment from Tether, Stock Soars … Coupon?

How much money did tether invest in Rumble?

Transaction Details 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 Rumble. The Company will use $250 million of the proceeds to support growth initiatives. ...

Will tether buy Rumble's common stock?

While Tether will acquire a minority stake in Rumble’s common stock, it will not have the authority to appoint board members. Rumble also revealed plans to use part of the funds for a self-tender offer of up to 70 million shares of its common stock. Both the investment and tender offer are expected to be completed in Q1 2025. ...

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. ...

Does Rumble have a partnership with tether?

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 investment of $775 million. ...

Why is tether stock up 76%?

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%, trading for $12.66 to represent investor excitement for the alliance meant to support decentralization. Warning! GuruFocus has detected 2 Warning Sign with RUM. ...

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. ...