EQS-News
Rumble Announces Initial Results of Exchange Offer for Northern Data
- Rumble secured approx 81.3% of Northern Data shares
- Exchange ratio 2.0281 Rumble per Northern share
- Last acceptance May 15 to June 1 ahead of delisting
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EQS-News: Rumble Inc / Key word(s): Mergers & Acquisitions Rumble Announces Initial Results of Exchange Offer for Northern Data |
- 5,708,665 Shares Tendered Within the Initial Acceptance Period, bringing Total Secured Shares to approximately 81.3% of outstanding Northern Data Shares
- Additional Acceptance Period Commences on May 15, 2026 and Ends on June 1, 2026 – Last Chance for Northern Data Shareholders to Participate in the Exchange Offer Ahead of the Delisting of Northern Data Shares
- Best and Final Offer with Exchange Ratio of 2.0281 Shares of Rumble Class A Common Stock in Exchange for Each Northern Data Share Remains Unchanged
- Northern Data’s Management Board and Supervisory Board Unanimously Recommend Acceptance of the Offer
- Closing Expected in mid-June 2026 with Delisting of Northern Data Shares to be Effected Promptly Afterwards
Longboat Key, FL – May 13, 2026 – Rumble Inc. (NASDAQ: RUM) (“Rumble”), the Freedom-First technology platform, today announced the results of the initial acceptance period for its exchange
offer to acquire all outstanding shares of Northern Data AG (“Northern Data”). A total of 5,708,665 shares were tendered within the initial acceptance period that ended on May 9, 2026. Including
shares committed under transaction support agreements, Rumble has now secured approximately 81.3% of Northern Data’s outstanding shares.
As previously announced, the remaining Northern Data shareholders will have a final opportunity to accept the exchange offer during a limited additional acceptance period, which will commence on
May 15, 2026 and end on June 1, 2026, at 06:01 hrs (local time in Frankfurt am Main, Germany) / 00:01 hrs (local time in New York). The exchange offer can no longer be accepted after expiry of the
additional acceptance period.

