Rumble: Don't Chase Tether Deal - Seeking Alpha

3 days ago  · Rumble stock surged due to a $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. Find out why RUM stock is a Strong Sell.


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Rumble: Don't Chase Tether Deal - Seeking Alpha

3 days from now

3 days ago  · Rumble stock surged due to a $775M investment from Tether, but the deal involves a tender offer at $7.50 per share. Find out why RUM stock is a Strong Sell.

seekingalpha.com

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Rumble Announces $775M Strategic Investment From Tether; …

3 days from now

6 days ago  · 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 …

seekingalpha.com

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Early Monday Surge: Rumble Climbs 70% As Tether's $775M Deal …

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3 days ago  · Early trading saw Rumble (NASDAQ:RUM) shares leap over 70% as it continues gaining following the recent disclosure of a $775 million strategic investment from Tether. It's …

yahoo.com

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

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3 days ago  · 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 …

yahoo.com

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

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

3 days from now

6 days ago  · 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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Video Platform Rumble Rallies On $775 Million Investment From An ...

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6 days ago  · Under the deal, Tether will buy 103,333,333 shares of Rumble's Class A common stock at $7.50 apiece. ... Tether will have a minority stake, Rumble said, but won't be able to …

morningstar.com

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Rumble Announces $775 Million Strategic Investment From

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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.

globenewswire.com

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Rumble Stock Is Ripping Higher Monday: What's Going On?

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3 days ago  · The Details: Rumble on Friday announced that Tether plans to buy 103.33 million shares of its common stock for $7.50 per share, representing $775 million in gross proceeds.

benzinga.com

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Here’s Why The Tether-driven Rally In Rumble Stock May Be Short

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Tether’s minority stake does not win it the right to nominate members to Rumble’s board, as per a press release on Monday. Rumble stock is trading at a year-to-date high of well over $10 at ...

msn.com

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Rumble Stock Surges After $775M Strategic Investment From …

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4 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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Oppenheimer Says Tether Investment Alleviates Concerns Over …

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4 days ago  · Don't Miss Our Christmas Offers: ... Rumble announces $775M strategic investment from Tether; Rumble up 15% at $8.25 after announcing Tether investment; ... Seeking Alpha 17h.

businessinsider.com

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Rumble CEO Says Tether Wanted To "Buy As Much As Possible"

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3 days ago  · Earlier, Tether explained in a press release the deal included purchasing 103.3 million of Rumble's Class A common at $7.50, totaling $775 million. Pavlovski said there will …

zerohedge.com

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Rumble Announces $775 Million Strategic Investment From Tether

3 days from now

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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Tether's $775M Bet On Rumble: A Move To Challenge YouTube

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5 days ago  · Tether has invested $775 million in Rumble, YouTube’s closest competitor. The agreement will see Tether benefiting from adverts and other packages. The deal will be …

cryptopolitan.com

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Tether's $775 Mln Investment In Rumble And Entry Into AI

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6 days ago  · Tether’s $775 Million Investment in Rumble. In one of its biggest ventures yet, Tether has announced a $775 million investment in Rumble, a platform challenging YouTube’s …

coinpedia.org

FAQs about Rumble: Don't Chase Tether Deal - Seeking Alpha Coupon?

Will tether's $775 million investment improve Rumble's business?

Rumble stock surged due to a $775 million investment from Tether, but the deal involves a tender offer at $7.50 per share. The investment may not significantly improve Rumble's business, which continues to struggle with weak financials and declining user engagement. ...

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 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. ...

Will tether buy Rumble?

Tether has agreed to purchase 103 million shares at $7.50 per share, intending to only ~33 million shares of dilution. The stock has already soared above $13, so Rumble will have a very difficult time tendering shares at only $7.50 when large investors looking to cash out can just sell shares at the current market price. ...

Did tether buy Alpha Rumble stock in 2024?

Market Data Sources © 2024 Seeking Alpha Rumble's stock nearly doubled after $775M investment from Tether, but analysts warn of poor monetization and lack of profitability. ...

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. ...

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