other material
confidence high
sentiment positive
materiality 0.60
Rumble CEO commits to no share sales after lock-up expires September 16
Rumble Inc.
- CEO Chris Pavlovski will not sell any of his 140.2M shares (44.6% ownership) when lock-up ends Sept 16.
- Lock-up agreements from CF Acquisition Corp. VI business combination expire on September 16, 2023.
- Pavlovski's beneficial ownership as of April 21, 2023 was 140,182,173 shares of Class A Common Stock.
- Statement aims to reassure investors that the founder remains committed post-lock-up.