Rumble completes SPAC merger with CF Acquisition Corp. VI; receives ~$400M in gross proceeds with 0.1% redemptions

Rumble Inc.

Stockholders approved the business combination on Sept 15; only 0.1% of public shares redeemed (30,689 shares).
Transaction closed Sept 16; combined company renamed Rumble Inc., trades as 'RUM' and 'RUMBW' on Nasdaq from Sept 19.
Rumble receives ~$400M gross proceeds: ~$85M PIPE, ~$15M forward purchase, ~$300M trust cash.
Net proceeds to attract content creators, build infrastructure, expand team, fund marketing, acquisitions, and general corporate purposes.

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