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

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.


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

3 days from now

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.

morningstar.com

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Rumble Stock Surges After $775M Strategic Investment From …

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4 days ago  · 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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Tether Announces $775 Million Strategic Investment In Rumble To …

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6 days ago  · 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

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6 days ago  · 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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YouTube Competitor Rumble (RUM) Gets $775M Investment From …

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6 days ago  · 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, …

coindesk.com

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

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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 Announces $775 Million Strategic Investment From Tether

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6 days 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 Rumble.

businessinsider.com

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

3 days from now

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.

msn.com

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

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6 days ago  · 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 up to …

yahoo.com

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Tether’s Bold $775M Investment Fuels Rumble’s Rapid Expansion

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Rumble will use a portion of the $775 million to conduct a self-tender offer. The offer will allow shareholders to sell up to 70 million shares of Class A common stock at a price of $7.50 per …

tronweekly.com

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Rumble Announces $775M Strategic Investment From Tether

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6 days ago  · Rumble (RUM) “announced that it has entered into a definitive agreement for a strategic investment of $775 million from Tether, the largest company in the digital assets …

businessinsider.com

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Rumble Secures $775 Million Investment From Tether

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6 days ago  · 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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Rumble Stock Soars On $775 Million Investment From Tether: …

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6 days ago  · The Details: Tether (CRYPTO: USDT) 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 …

investingpioneers.com

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

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

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6 days ago  · 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. 20 …

cryptoslate.com

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Rumble Stock Rockets On $775M Tether Investment - Nasdaq

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3 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 To Receive $775 Million Strategic Investment From Tether

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6 days ago  · 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 …

channelnewsasia.com

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Rumble Stock Soars After $775 Million Investment From Tether

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4 days ago  · Key Details of the Investment. Investment Amount: $775 million; Stock Price: Tether purchased approximately 103.3 million Rumble shares at $7.50 each. Capital Allocation: $250 …

spicyshot.net

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Tether’s Big Bet: A $775 Million Stake In Rumble And Bitcoin

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4 days ago  · In a bold move underscoring its commitment to the evolving digital economy, Tether, the company behind the world’s most widely used stablecoin, USDT, has announced a $775 …

bravenewcoin.com

FAQs about After $775 million Tether investment, Rumble's tender offer should ... 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. ...

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

R umble 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 money will Rumble use to fund growth initiatives?

Rumble will use $250 million of the proceeds to support growth initiatives, the right-leaning video platform said in a statement released Friday. 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. ...

How much money will tether invest?

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 up to 70 million of the company's publicly-traded Class A shares at a price of $7.50—a modest premium over the approximately $7 at which the shares had been trading. ...

Should rumble invest in tether?

In conjunction with Rumble’s previously announced plan to purchase up to $20 million of bitcoin, the Tether investment should bolster interest in crypto content and advertising, according to Oppenheimer, which maintained its perform rating for Rumble “ahead of more robust advertising/subscription sales.” ...

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