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Digital media platform Rumble Inc. (RUM 0.24%), known for video sharing and livestreaming, just recorded a notable insider buy amid ongoing sector competition.

Tether Global Investments Fund reported an open-market acquisition of 4,599,365 shares for a transaction value of approximately $36.2 million, as disclosed in the SEC Form 4 filing.

Transaction summaryMetricValueShares traded4,599,365Transaction value$36.2 millionPost-transaction shares (direct)0Post-transaction shares (indirect)141,877,369Post-transaction value (direct ownership)~$0Transaction value based on SEC Form 4 weighted average purchase price ($7.88); post-transaction value based on June 17, 2026 SEC Form 4 reported position value ($0.00).

Key questionsWhat structure or mechanism governed the acquisition of Rumble shares in this transaction?
This acquisition was conducted through the exercise of derivative securities, specifically pre-funded warrants, by Tether Investments, S.A. de C.V, a wholly owned subsidiary of Tether Global Investments Fund, S.I.C.A.F. S.A, with all shares held indirectly post-transaction.How did this transaction affect the insider's overall ownership and stake in Rumble?
The transaction resulted in indirect Class A holdings of 141,877,369 shares after completion, while direct ownership remained unchanged at zero.What is the significance of the remaining pre-funded warrants and indirect holdings for future equity exposure?
With 154,408,073 pre-funded warrants still outstanding (all indirect), Tether Global Investments Fund, S.I.C.A.F. S.A. retains the capacity to further increase its Class A Common Stock exposure in line with voting limitations and capital allocation strategy.How does the transaction size compare to previous activity, and does it signal a change in cadence?
While the 4.6 million shares acquired are higher than the only other previously reported transaction (777,012 shares in February 2026), the overall cadence remains episodic, with only two acquisition events disclosed since February of this year, likely reflecting transaction-specific capacity constraints and contractual considerations rather than a trend shift.Company overviewMetricValuePrice (as of market close 2026-06-17)$7.88Market capitalization$2.71 billionRevenue (TTM)$102.38 millionNet income (TTM)-$109.45 million* 1-year performance is calculated using June 17th, 2026 as the reference date.

Company snapshotOffers a video sharing platform, livestreaming and monetization tools, an in-house advertising marketplace, and a crypto wallet; generates revenue from advertising, subscriptions, pay-per-view, and tipping services.Operates a multi-sided platform business model, monetizing both content creators and advertisers through digital media distribution and cloud infrastructure services.Serves content creators, media organizations, and audiences seeking alternative video platforms in the United States, Canada, and international markets.Rumble Inc. is a digital media and cloud services company specializing in video sharing, livestreaming, and advertising solutions. The company leverages a proprietary platform to enable content creators to reach audiences and monetize their work through multiple channels. Its integrated cloud and advertising offerings position it as a competitive alternative in the online video and digital infrastructure space.

What this transaction means for investorsThether continues to show faith in streaming platform Rumble by converting more of its warrants into shares. Tether’s buying habits over the past year have acted as a backstop for Rumble shares, with the El Salvador-based crypto business buying at what have turned out to be near-term lows.

This time, however, Tether hasn’t had time to see a bearish move play out, with shares continuing to slip after this reported purchase.  That timing likely matters little to Tether, which has amassed a diverse portfolio of crypto, gold, and equity in multiple companies, worth at least $10 billion.

While it isn’t perfectly clear how a streaming business fits in with a primarily crypto-focused outlet, the two businesses have affinities among management that suggest Tether is a long-term investor in Rumble. Rumble management, for its part, sees Tether’s other portfolio companies as natural customers of its products.

For those considering an investment in Rumble, take the latest share buy as a sign that Tether will continue to support the business and its shares for the foreseeable future.

Brendan Coffey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Rumble stock is feeling bearish pressure. Why are RUM shares down? What Is Rumble’s Key Catalyst After Northern Data Acquisition?The company closed its acquisition of Northern Data, taking ownership of about 85.2% of the outstanding shares and rebranding the public entity as RUM Group Inc. The deal adds roughly 22,000 NVIDIA H100 and H200 GPUs across nine data centers and about 250 MW of current and planned power capacity expected to come online by 2027.

Rumble has pointed to "over 200 MW of unmonetized energy capacity" as a key lever, with most of the ~250 MW expected online by 2027 and more than 200 MW currently unmonetized. The company framed the combined Rumble and Quake AI units as a "flywheel" tying content distribution to AI infrastructure.

The rebrand also consolidates the legal identity around two units, Rumble for the consumer platform and Quake AI (formerly Northern Data) for cloud and AI infrastructure, after a $767 million deal.

RUM Stock: Critical Moving Averages To WatchFrom a longer-term trend view, the stock is still holding above its 100-day SMA ($6.46) and 200-day SMA ($6.66), but it’s trading below the 50-day SMA ($7.45) and well below the 20-day SMA ($8.10), which keeps the near-term trend pointed down. The golden cross in June (50-day moving above the 200-day) is a constructive backdrop, but price needs to reclaim the 50-day to make that signal "feel" active again.

Momentum indicators aren’t available here, so the cleaner read is the moving-average structure and the recent turning points: a swing high formed in June and a swing low formed in March, putting the stock in a wide consolidation band. With the 12-month performance down 14.59%, bulls generally want to see higher lows above the $6.50 area and a push back toward the mid-$8s to reassert control.

Key Resistance: $8.50 — a nearby round-number zone that also sits above the 20-day and 50-day SMAs, where rebounds can stall Key Support: $6.50 — a nearby floor close to the 100-day SMA ($6.46) and not far from the 200-day SMA ($6.66), where buyers may defend trend support What Is Rumble and Its Business Model?Rumble is a free-to-use video-sharing and livestreaming platform where users can watch, share, like, comment, and upload their own videos. Users can follow channels to stay in touch with creators and access video on-demand (VOD) and live content streamed by creators.

The Northern Data deal and the RUM Group/Quake AI rebrand matter because they push the story beyond a pure media platform into compute and AI infrastructure, including GPU capacity and data centers. Since the company generates most of its revenue from the United States, investors will be watching whether this expanded infrastructure footprint translates into steadier monetization and a clearer path to scale.

RUM Stock Price Action: Current Trading StatusRUM Stock Price Activity: Rumble shares were down 3.40% at $7.12 at the time of publication on Monday, according to Benzinga Pro data.

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NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rumble Inc. (“Rumble” or the “Company”) (NASDAQ: RUM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rumble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On May 14, 2026, Rumble issued a press release reporting its financial results for the first quarter of 2026. Despite reporting record revenue, Rumble disclosed that higher marketing costs, acquisition-related expenses, and increased spending on research and development significantly eroded profits during the quarter, causing the Company to report a net loss of $30.2 million, compared to a loss of only $2.6 million in the prior-year period.

On this news, Rumble’s stock price fell $0.97 per share, or 11.87%, to close at $7.20 per share on May 15, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

Post-merger, Rumble Cloud Renamed Quake AI, Integrating Northern Data Offerings

Rumble to Remain the Video and Media Platform’s Core Brand Name

Corporate Parent to be Renamed RUM Group Inc. and Will Oversee Two Business Units: Rumble and Quake AI

LONGBOAT KEY, Fla., June 17, 2026 (GLOBE NEWSWIRE) -- Rumble (NASDAQ: RUM) today introduced a new business unit and legal name for the company following the closing of its acquisition of Northern Data AG (“Northern Data”). Effective June 18, 2026, under the new RUM Group Inc. (“RUM”) identity, the publicly traded company now operates two core business units: Rumble, its video platform, and Quake AI, formerly Northern Data, its cloud and AI-infrastructure business. Together, they rest on a single conviction: the future will be powered by human imagination, and RUM will benefit from a powerful flywheel powered by both pillars.

"We are living through a once-in-a-generation shift. As artificial intelligence makes knowledge abundant, the scarcest and most valuable resource on Earth becomes the one thing machines can’t manufacture: human imagination. RUM exists to build the future where that ingenuity wins, and to make sure it belongs to the dreamers and the doers. Quake AI gives that imagination a foundation. Rumble gives it a voice," said Chris Pavlovski, Chairman and CEO of RUM.

RUM - The Vision

RUM’s mission is to maximize the power of human imagination. The business is built on two core beliefs:

As AI democratizes knowledge, the world needs a free and open internet to express and explore our scarcest and most valuable assets: human imagination, creativity, and agency.The future enterprise will be led by humans empowered to explore to the edges of their imagination, powered by decentralized agentic AI and transacted on the rails of blockchain technology. In summary, RUM is built on the belief that future value accrues to two elements that machines cannot replicate at scale: physical infrastructure and human creativity. The company owns both pillars and each makes the other stronger, creating a valuable and unique flywheel.

Quake AI: The Physical Foundation

Quake AI is the physical foundation — where ideas are built, explored, and scaled to the edges of agentic compute. It is the ground floor of the next enterprise: the infrastructure that turns a single idea into the force of millions, leveraging the compute, cloud, data centers, and a blockchain trust layer necessary for AI agents to coordinate and transact at scale.

Quake AI combines a unique set of assets, now under one roof:

CPU: Rumble Cloud's low-latency, CPU-based compute, network and storage originally designed to deliver world-class global video distribution at scale.GPU: Northern Data’s GPU estate of approximately 22,000 NVIDIA H100/H200 GPUs across nine data centers.Power: Northern Data’s data-center footprint, including up to ~250 MW of energized and contracted capacity.Blockchain: A strategic partnership with Tether, providing the trust layer for AI agents to coordinate and transact. Quake AI is built to be the rails of the agentic enterprise - the foundation layer upon which everything else stands.

Build on Quake AI today.

Rumble: The Foundation of Creativity

Where Quake AI is the physical foundation, Rumble is the foundation of creativity, where ideas are expressed and freedom is granted to push to the edges of what’s possible. As the internet fills with synthetic sameness, Rumble is the vibrant, unfiltered home of the human voice, where real people create, debate, and push ideas forward.

The smarter machines get, the more genuine expression matters — and Rumble is the stage for it: the audience, the tools, the distribution, and the freedom to say what’s worth saying. Rumble keeps the conversation human, and it keeps it moving.

Rumble offers multiple formats for humanity to express and explore:

Rumble Video: The true home of free speech, built on authenticity.Rumble Ads: The promotional engine that puts great ideas front and center.Rumble Studio: The creativity hub, where livestreaming and content production brings ideas to the masses. Join Rumble today.

The Road Ahead

Further details on product offerings, roadmap, and the extended brand rollout will be shared in the coming months.

About RUM Group Inc.

RUM Group Inc. (NASDAQ: RUM) mission is to maximize the power of human imagination. Rumble gives human creativity a voice, a video and media platform built for creators and audiences who value free expression. Quake AI is a cloud and AI-infrastructure business, delivering the compute, data-center capacity, and blockchain infrastructure for the agentic era. Together, they power the company’s mission to maximize the power of human imagination. For more information visit www.rum.group.

Cautionary Statements Regarding Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements"” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by using words such as “anticipates,” “believes,” “intends,” “estimates,” “targets,” “expects,” “endeavors,” “forecasts,” “could,” “will,” “may,” “future,” “likely,” “on track to deliver,” “continues to,” “looks forward to,” “is primed to,” “plans,” “projects,” “assumes,” “should” or other similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, and our actual results could differ materially from future results expressed or implied in these forward-looking statements. The forward-looking statements included in this press release are based on our current beliefs and expectations of our management as of the date hereof. These statements are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include risks related to the Northern Data business combination, including the success of the business following the Transactions; the ability to successfully integrate Rumble’s and Northern Data’s businesses; risks related to disruption of management time from ongoing business operations due to the transaction; the risk that the transaction can negatively impact the ability of Rumble and Northern Data to retain customers, retain or hire key personnel, maintain relationships with their respective suppliers and customers, and on their operating results and businesses generally; the risk that the combined business may be unable to achieve expected synergies or that it may take longer or be more costly than expected to achieve those synergies; the risk of fluctuations in revenue due to lengthy sales and approval process required by major and other service providers for new products; the risk posed by potential breaches of information systems and cyber-attacks; the risks that Rumble, Northern Data or the post combination company may not be able to effectively compete, including through product improvements and development; the risk that Rumble, Northern Data or the post-combination company may not be able to meet surging AI compute demand by establishing business relationships with hyperscalers; the risk that the cloud, video, and content delivery network capabilities of Rumble, Northern Data or the post-combination company may not be sufficient to attract and continue to attract interest from system integrators and content creators and to create powerful funnel partnership opportunities for the combined platform; the risk that Rumble, Northern Data or the post combination company may not be able to accelerate delivery of next-generation cloud solutions and AI applications; our ability to grow and manage future growth profitably over time, maintain relationships with customers, compete within our industry and retain key employees; weakened global economic conditions may affect our business and operating results; our limited operating history makes it difficult to evaluate our business and prospects; we may not grow or maintain our active user base, and may not be able to achieve or maintain profitability; we may fail to maintain adequate operational and financial resources; we may be unsuccessful in attracting new users to our mobile and connected TV offerings; our traffic growth, engagement, and monetization depend upon effective operation within and compatibility with operating systems, networks, devices, web browsers and standards, including mobile operating systems, networks, and standards that we do not control; our business depends on continued and unimpeded access to our content and services on the internet and if we or those who engage with our content experience disruptions in internet service, or if internet service providers are able to block, degrade or charge for access to our content and services, we could incur additional expenses and the loss of traffic and advertisers; we face significant market competition, and if we are unable to compete effectively with our competitors for traffic and advertising spend, our business and operating results could be harmed; we rely on data from third parties to calculate certain of our performance metrics and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business; changes to our existing content and services could fail to attract traffic and advertisers or fail to generate revenue; we derive the majority of our revenue from advertising and the failure to attract new advertisers, the loss of existing advertisers, or the reduction of or failure by existing advertisers to maintain or increase their advertising budgets may adversely affect our business and operating results; we depend on third-party vendors, including internet service providers, advertising networks, and data centers, to provide core services; new technologies have been developed that are able to block certain online advertisements or impair our ability to deliver advertising, which could harm our operating results; we have offered and intend to continue to offer incentives, including economic incentives, to content creators to join our platform, and these arrangements may involve fixed payment obligations that are not contingent on actual revenue or performance metrics generated by the applicable content creator but rather are based on our modeled financial projections for that creator, which if not satisfied may adversely impact our financial performance, results of operations and liquidity; changes in tax rates, changes in tax treatment of companies engaged in e-commerce, the adoption of new U.S. or international tax legislation, or exposure to additional tax liabilities may adversely impact our financial results; compliance obligations imposed by new privacy laws, laws regulating online video sharing platforms, other online platforms and online speech in certain jurisdictions in which we operate, or industry practices may adversely affect our business, financial performance, and operating results; we may become subject to newly enacted laws and regulations that restrict or moderate content on the internet; we are exposed to significant regulatory, operational, compliance, privacy, and legal risks related to age restriction or verification requirements and children’s online safety laws contemplated or enacted in various U.S. states and foreign jurisdictions; paid endorsements by our content creators ma expose us to regulatory risk, liability, and compliance costs, and, as a result, may adversely affect our business, financial condition and results of operations; we have incurred and will incur significantly increased expenses and administrative burdens as a public company, which could have an adverse effect on our business, financial condition, and results of operations; and those additional risks, uncertainties and factors described in more detail in Northern Data’s annual and interim financial reports made publicly available and under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, and in our other filings with the U.S. Securities and Exchange Commission. We do not intend, and, except as required by law, we undertake no obligation to update any of our forward-looking statements after the issuance of this press release to reflect any future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

For investor inquiries, please contact:

Shannon Devine
MZ Group, MZ North America
203-741-8811
[email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/ce4f04ab-2a57-495f-9238-6336e9457aec

https://www.globenewswire.com/NewsRoom/AttachmentNg/28bc0152-30a9-4983-8b9a-fef247ade19a

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HomeIndustriesInternet/Online ServicesTech StocksTech StocksIs Rumble’s AI expansion just Allbirds 2.0 — or a move modeled after Elon Musk?Last Updated: June 17, 2026 at 8:13 p.m. ET
First Published: June 17, 2026 at 7:29 p.m. ET

In another sign of artificial-intelligence euphoria, Rumble, which is best known for being an alternative to YouTube, is exciting investors through its move to become more of an AI player.

The company announced Wednesday that it completed the purchase of cloud and AI infrastructure provider Northern Data. It’s changing its name to RUM Group and will operate through two units, one focused on AI infrastructure and the other on video.

Rumble stock is showing exceptional strength. What’s behind RUM gains? Rumble now owns approximately 85.2% of Northern Data’s outstanding shares, gaining immediate access to one of Europe’s largest independent GPU estates, roughly 22,000 high-end NVIDIA H100 and H200 GPUs across nine data centers.

The acquisition also adds approximately 250 MW of current energized and planned power capacity, almost all of which is expected to come online by 2027 across ten data centers, four of which are owned. More than 200 MW of that capacity is currently unmonetized, providing substantial headroom to deploy additional GPUs and layer on incremental services over time.

“Closing this transaction marks a defining step in our evolution,” said Chris Pavlovski, Founder and CEO. “We now have over 200 MW of unmonetized energy capacity and substantial contracted revenue across Rumble. Investors can see that we are very quickly entering an entirely new level of fundamentals for our business.”

The RebrandEffective today, the publicly traded company operates under the new RUM Group Inc. identity with two core business units: Rumble, its video platform, and Quake AI — formerly Northern Data — its cloud and AI infrastructure business.

Quake AI combines Rumble Cloud’s CPU-based compute, storage, and network infrastructure with Northern Data’s GPU estate, power footprint, and data center capacity. The company describes the two units as a flywheel — Quake AI providing the physical foundation for agentic AI, and Rumble providing the creative platform built on free expression.

“We are living through a once-in-a-generation shift. As artificial intelligence makes knowledge abundant, the scarcest and most valuable resource on Earth becomes the one thing machines can’t manufacture: human imagination. Quake AI gives that imagination a foundation. Rumble gives it a voice,” said Pavlovski.

Rumble Shares SurgeRUM Price Action: At the time of publication, Rumble shares are trading 16.19% higher at $8.47, according to data from Benzinga Pro.

Image via Shutterstock

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company's business segment.

NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rumble Inc. (“Rumble” or the “Company”) (NASDAQ: RUM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rumble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 14, 2026, Rumble issued a press release reporting its financial results for the first quarter of 2026. Despite reporting record revenue, Rumble disclosed that higher marketing costs, acquisition-related expenses, and increased spending on research and development significantly eroded profits during the quarter, causing the Company to report a net loss of $30.2 million, compared to a loss of only $2.6 million in the prior-year period. 

On this news, Rumble’s stock price fell $0.97 per share, or 11.87%, to close at $7.20 per share on May 15, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

LOS ANGELES, May 24, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rumble Inc. (“Rumble” or “the Company”) (NASDAQ: RUM) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Rumble reported its Q1 2026 financial results on May 14, 2026. The Company revealed that increased marketing costs and higher spending on R&D caused a much larger net loss than in the prior-year period. Based on this news, shares of Rumble fell by almost 11.9% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm 
Brian Schall, Esq. 
310-301-3335
[email protected]

www.schallfirm.com

NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rumble Inc. (“Rumble” or the “Company”) (NASDAQ: RUM).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rumble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 14, 2026, Rumble issued a press release reporting its financial results for the first quarter of 2026.  Despite reporting record revenue, Rumble disclosed that higher marketing costs, acquisition-related expenses, and increased spending on research and development significantly eroded profits during the quarter, causing the Company to report a net loss of $30.2 million, compared to a loss of only $2.6 million in the prior-year period. 

On this news, Rumble’s stock price fell $0.97 per share, or 11.87%, to close at $7.20 per share on May 15, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

LOS ANGELES, May 27, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rumble Inc. (“Rumble” or “the Company”) (NASDAQ: RUM) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Rumble reported its Q1 2026 financial results on May 14, 2026. The Company revealed that increased marketing costs and higher spending on R&D caused a much larger net loss than in the prior-year period. Based on this news, shares of Rumble fell by almost 11.9% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm 
Brian Schall, Esq. 
310-301-3335
[email protected]
www.schallfirm.com

Rumble Inc. is pivoting from video streaming to AI cloud services with the imminent Northern Data acquisition, targeting major AI compute opportunities. Post-merger, RUM expects a sales baseline of ~$425 million, driven by Tether commitments and GPU rental expansion, positioning the company for significant revenue growth. The stock will trade at about 10x sales initially, but substantial upside hinges on securing large AI cloud deals and effective GPU capacity utilization.

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rumble Inc. ("Rumble" or the "Company") (NASDAQ: RUM).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rumble and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 14, 2026, Rumble issued a press release reporting its financial results for the first quarter of 2026.  Despite reporting record revenue, Rumble disclosed that higher marketing costs, acquisition-related expenses, and increased spending on research and development significantly eroded profits during the quarter, causing the Company to report a net loss of $30.2 million, compared to a loss of only $2.6 million in the prior-year period. 

On this news, Rumble's stock price fell $0.97 per share, or 11.87%, to close at $7.20 per share on May 15, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

June 08, 2026 00:01 ET  | Source: Rumble, Inc.

Rumble Has Successfully Secured the Support of 85% of Northern Data’s Share Capital

In Total, 46% of Northern Data Shares not subject to Transaction Support Agreements Have Been Tendered

Additional Acceptance Period Expired on June 1, 2026 – Exchange Offer No Longer Open for Acceptance

Closing Expected in mid-June 2026, with application for Delisting of Northern Data Shares expected to be filed immediately Afterwards

Transaction Follows Compelling Strategic Rationale

Longboat Key, FL, June 08, 2026 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble”), the Freedom-First technology platform, today announced the final results for its exchange offer to acquire all outstanding shares of Northern Data AG (“Northern Data”). A total of 8,174,379 shares were tendered in the offer, representing 46.2% of shares not subject to transaction support agreements. Including shares committed under transaction support agreements, Rumble has now secured approximately 85.2% of Northern Data’s outstanding shares. The high acceptance rate demonstrates that the vast majority of Northern Data shareholders approve of the transaction and the underlying strategic rationale.

The additional acceptance period expired on June 1, 2026 and the exchange offer can no longer be accepted. All regulatory approvals have been received and the closing of the exchange offer is expected in mid-June 2026, subject to satisfaction or waiver of the remaining offer conditions. Northern Data is expected to file for termination of the inclusion of the Northern Data shares in trading in the open market (m:access segment) of the Munich stock exchange immediately following the closing of the tender offer. A separate delisting offer will not be required.

The transaction follows a compelling strategic rationale: Together, Rumble and Northern Data will drive towards becoming a leading, independent force in AI computation, cloud infrastructure, and digital video innovation. The combined company will form the foundation of a fully integrated, independent AI and cloud platform with the scale, technology, and balance sheet strength to compete globally.

Additional information can be found at www.rumble-offer.com.

About Rumble Inc.

Rumble is a high-growth neutral video platform and cloud services provider. Rumble’s platform products include Rumble Video, a free and subscription-based video sharing and livestreaming platform; Rumble Studio, a multi-platform livestreaming and monetization service for creators; Rumble Advertising Center (RAC), an in-house advertising marketplace; Rumble Wallet, a non-custodial crypto wallet integrated into the platform; and Rumble Cloud, an infrastructure-as-a-service offering comprising compute, storage, security, and networking solutions. Rumble was founded in 2013 and is headquartered in Longboat Key, Florida.

About Northern Data Group

Northern Data AG (ETR: NB2) is a leading provider of full-stack AI and High-Performance Computing (HPC) solutions, leveraging a network of high-density, liquid-cooled, GPU-based technology to enable the world’s most innovative companies. Northern Data has one of the largest GPU clusters for HPC in Europe through its Taiga Cloud business, while its Ardent Data Centers business has approximately 250MW of power deployed or coming online across ten global data centers by 2027. Northern Data enjoys access to cutting-edge chips and hardware for maximum performance and efficiency. To learn more, please visit northerndata.de.

Important Information for Investors and Stockholders

This press release does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be commenced except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended (the “Securities Act”) and/or a prospectus pursuant to the Regulation (EU) 2017/1129, as amended (the “EU Prospectus Regulation”).

The tender offer referenced in this press release (the “Offer”) is only being made pursuant to (i) the Registration Statement on Form S-4 and related information statement and other relevant documents filed by Rumble with the Securities and Exchange Commission (“SEC”), which has been declared effective, (ii) a securities prospectus in accordance with the EU Prospectus Regulation (the “EU Prospectus”) filed by Rumble with and approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, “BaFin”) and (iii) a separate offer document (the “Offer Document”) which contains the terms and conditions of the Offer in detail as well as other information regarding the Offer. BaFin’s approval only confirms that the EU Prospectus meets the standards of completeness, comprehensibility and consistency required by law and shall not be considered as an endorsement of the Offer or Rumble’s stock. The Offer Document is not subject to review or registration proceedings of any securities regulator neither in nor outside the Federal Republic of Germany, and the Offer Document has not been approved or recommended by any such securities regulator, including the SEC or BaFin. Before making any voting or investment decision, investors and security holders of Northern Data are strongly advised to read (i) the Registration Statement and related information statement and all other relevant documents filed or that will be filed with the SEC, (ii) the EU Prospectus and (iii) the Offer Document in connection with the Offer, as they contain important information about the transaction. Holders of Northern Data shares will need to make their own decision whether to tender shares in the Offer. Investors and security holders of Northern Data may obtain free copies of (i) the Registration Statement and related information statement and all other relevant documents filed or that will be filed with the SEC by Rumble through the website maintained by the SEC at www.sec.gov, (ii) the EU Prospectus and the Offer Document through the website relating to the Offer (www.rumble-offer.com).

Neither the SEC, any U.S. state securities commission nor the BaFin has approved, disapproved or passed any comment upon the adequacy, accuracy or completeness of the disclosure in this press release. Any representation to the contrary is a criminal offense in the United States.

Rumble reserves the right to acquire further Northern Data shares in a manner other than in the context of the Offer on or off the stock exchange and/or enter into corresponding acquisition agreements during the offer period, in each case in accordance with applicable law. Any information about such purchases that is made public in Germany will also be made publicly available in the United States on a comparable basis, including by press release and/or by filing a Form 8-K with the SEC. Rumble is not obliged to adjust the offer consideration as a result of such acquisitions. There will also be no increase of the offer consideration for any other reason.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not historical facts are forward-looking statements and include, for example, results of operations, financial condition and cash flows (including revenues, operating expenses, and net income (loss)); our ability to meet working capital needs and cash requirements over the next 12 months; and our expectations regarding future results and certain key performance indicators. Certain of these forward-looking statements can be identified by using words such as “anticipates,” “believes,” “intends,” “estimates,” “targets,” “expects,” “endeavors,” “forecasts,” “could,” “will,” “may,” “future,” “likely,” “on track to deliver,” “continues to,” “looks forward to,” “is primed to,” “plans,” “projects,” “assumes,” “should” or other similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, and our actual results could differ materially from future results expressed or implied in these forward-looking statements. The forward-looking statements included in this press release are based on our current beliefs and expectations of our management as of the date of this press release. These statements are not guarantees or indicative of future performance. Important assumptions and other important factors that could cause actual results to differ materially from those forward-looking statements include risks related to the pending Northern Data business combination, including our ability to successfully complete the transaction, and, if completed, the success of the business following the transaction; the ability to successfully integrate Rumble's and Northern Data's businesses; the risk that the conditions to closing of the transaction are not satisfied in a timely manner or at all; risks related to disruption of management time from ongoing business operations due to the transaction; the risk that the transaction can negatively impact the ability of Rumble and Northern Data to retain customers, retain or hire key personnel, maintain relationships with their respective suppliers and customers, and on their operating results and businesses generally; the risk that the combined business may be unable to achieve expected synergies or that it may take longer or be more costly than expected to achieve those synergies; the risk of fluctuations in revenue due to lengthy sales and approval process required by major and other service providers for new products; the risk posed by potential breaches of information systems and cyber-attacks; the risks that Rumble, Northern Data or the post combination company may not be able to effectively compete, including through product improvements and development; the risk that Rumble, Northern Data or the post-combination company may not be able to meet surging AI compute demand by establishing business relationships with hyperscalers; the risk that the cloud, video, and content delivery network capabilities of Rumble, Northern Data or the post-combination company may not be sufficient to attract and continue to attract interest from system integrators and content creators and to create powerful funnel partnership opportunities for the combined platform; the risk that Rumble, Northern Data or the post combination company may not be able to accelerate delivery of next-generation cloud solutions and AI applications; our ability to grow and manage future growth profitably over time, maintain relationships with customers, compete within our industry and retain key employees; weakened global economic conditions may affect our business and operating results; our limited operating history makes it difficult to evaluate our business and prospects; we may not grow or maintain our active user base, and may not be able to achieve or maintain profitability; we may fail to maintain adequate operational and financial resources; we may be unsuccessful in attracting new users to our mobile and connected TV offerings; our traffic growth, engagement, and monetization depend upon effective operation within and compatibility with operating systems, networks, devices, web browsers and standards, including mobile operating systems, networks, and standards that we do not control; our business depends on continued and unimpeded access to our content and services on the internet and if we or those who engage with our content experience disruptions in internet service, or if internet service providers are able to block, degrade or charge for access to our content and services, we could incur additional expenses and the loss of traffic and advertisers; we face significant market competition, and if we are unable to compete effectively with our competitors for traffic and advertising spend, our business and operating results could be harmed; we rely on data from third parties to calculate certain of our performance metrics and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business; changes to our existing content and services could fail to attract traffic and advertisers or fail to generate revenue; we derive the majority of our revenue from advertising and the failure to attract new advertisers, the loss of existing advertisers, or the reduction of or failure by existing advertisers to maintain or increase their advertising budgets may adversely affect our business and operating results; we depend on third-party vendors, including internet service providers, advertising networks, and data centers, to provide core services; new technologies have been developed that are able to block certain online advertisements or impair our ability to deliver advertising, which could harm our operating results; we have offered and intend to continue to offer incentives, including economic incentives, to content creators to join our platform, and these arrangements may involve fixed payment obligations that are not contingent on actual revenue or performance metrics generated by the applicable content creator but rather are based on our modeled financial projections for that creator, which if not satisfied may adversely impact our financial performance, results of operations and liquidity; changes in tax rates, changes in tax treatment of companies engaged in e-commerce, the adoption of new U.S. or international tax legislation, or exposure to additional tax liabilities may adversely impact our financial results; compliance obligations imposed by new privacy laws, laws regulating online video sharing platforms, other online platforms and online speech in certain jurisdictions in which we operate, or industry practices may adversely affect our business, financial performance, and operating results; we may become subject to newly enacted laws and regulations that restrict or moderate content on the internet; we are exposed to significant regulatory, operational, compliance, privacy, and legal risks related to age restriction or verification requirements and children's online safety laws contemplated or enacted in various U.S. states and foreign jurisdictions; paid endorsements by our content creators may expose us to regulatory risk, liability, and compliance costs, and, as a result, may adversely affect our business, financial condition and results of operations; we have incurred and will incur significantly increased expenses and administrative burdens as a public company, which could have an adverse effect on our business, financial condition, and results of operations; and those additional risks, uncertainties and factors described in more detail in Northern Data's annual and interim financial reports made publicly available and under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025, and in our other filings with the SEC. We do not intend, and, except as required by law, we undertake no obligation to update any of our forward-looking statements after the issuance of this press release to reflect any future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

For investor relations and US-based media inquiries, please contact:

Shannon Devine
MZ Group, MZ North America
+1 203-741-8811
[email protected]

For German-based media inquiries, please contact:

Thomas Krammer
FTI Consulting
+49 170 2827 848
[email protected]

Source: Rumble Inc.

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rumble Inc. ("Rumble" or "the Company") (NASDAQ: RUM) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Rumble reported its Q1 2026 financial results on May 14, 2026. The Company revealed that increased marketing costs and higher spending on R&D caused a much larger net loss than in the prior-year period. Based on this news, shares of Rumble fell by almost 11.9% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm 
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

SOURCE The Schall Law Firm

June 10, 2026 16:05 ET  | Source: Rumble, Inc.

LONGBOAT KEY, FL, June 10, 2026 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble” or the “Company”), the Freedom-First technology platform, today announced that its management team will participate in the following upcoming conferences:

Maxim Group’s AI Data Center Summit, to be held virtually on Thursday, June 11, 2026. Chris Pavlovski, Chief Executive Officer of Rumble, and Michael Masci, Chief Financial Officer of Rumble, will participate in an analyst-selected fireside chat on Thursday, June 11, 2026, at 4:30 PM ET. The fireside chat will be webcast and available for viewing here and on the Company’s Investor Relations website.
 The 16th Annual ROTH London Conference, to be held June 16-18, 2026 at the Four Seasons London in London, UK. Management will conduct one-on-one meetings with institutional investors throughout the conference.
 The Northland Growth Conference 2026, to be held virtually on Tuesday, June 23, 2026. Management will conduct one-on-one meetings with institutional investors throughout the conference. To request a meeting with Rumble’s management during the upcoming conferences, please contact your conference representative or the Company’s Investor Relations team at [email protected].

About Rumble Inc.

Rumble is a high-growth neutral video platform and cloud services provider. The Company’s platform products include Rumble Video, a free and subscription-based video sharing and livestreaming platform; Rumble Studio, a multi-platform livestreaming and monetization service for creators; Rumble Advertising Center (RAC), an in-house advertising marketplace; Rumble Wallet, a non-custodial crypto wallet integrated into the platform; and Rumble Cloud, an infrastructure-as-a-service offering comprising compute, storage, security, and networking solutions. Rumble was founded in 2013 and is headquartered in Longboat Key, Florida.

For investor inquiries, please contact:

Shannon Devine
MZ Group, MZ North America
203-741-8811
[email protected]

Source: Rumble Inc.

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rumble Inc. ("Rumble" or "the Company") (NASDAQ: RUM) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Rumble reported its Q1 2026 financial results on May 14, 2026. The Company revealed that increased marketing costs and higher spending on R&D caused a much larger net loss than in the prior-year period. Based on this news, shares of Rumble fell by almost 11.9% on the next day.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm 
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

SOURCE The Schall Law Firm