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Rumble Announces Participation in the 11th Annual Oppenheimer Emerging Growth Conference
Globenewswire· 2026-01-27 21:05
Company Overview - Rumble Inc. is a high-growth video platform and cloud services provider focused on creating an independent infrastructure [2] - The company's mission is to restore the internet to its roots by making it free and open again [2] Conference Participation - Rumble's management will participate in the 11th Annual Oppenheimer Emerging Growth Conference, scheduled for February 3 and 4, 2026 [1] - Management will be available for one-on-one meetings with investors during the conference [2]
Rumble(RUM.US)考虑收购德国数据中心公司Northern Data 估值近12亿美元
Zhi Tong Cai Jing· 2025-08-12 01:05
Group 1 - Rumble is considering an all-stock acquisition of Northern Data AG, valuing the latter at approximately $1.17 billion [1] - The proposed exchange ratio is 2.319 shares of Rumble stock for each share of Northern Data, valuing Northern Data at about $18.27 per share, which is a significant discount compared to its last closing price of €23.02 ($26.81) [1] - Post-transaction, Northern Data shareholders will own about one-third of the combined company, which is estimated to be worth around $4.5 billion [1] Group 2 - Northern Data initially operated as a cryptocurrency mining company but has shifted focus to providing services to companies developing AI tools, capitalizing on the high demand for computing power in this sector [2] - Rumble, which went public in 2022, has recently entered the cloud market to compete against well-funded Silicon Valley giants, launching cloud services aimed at other businesses [2] - Tether, a privately held digital asset company and a major shareholder in both companies, supports the transaction, having invested in Northern Data last year and acquired a stake in Rumble in February [2] - The transaction is contingent upon Northern Data completing the sale of its cryptocurrency mining business, with a non-binding agreement signed with Elektron Energy LP for this sale [2]