Rumble enters $775M strategic investment from Tether; plans $7.50/share self-tender for up to 70M shares

Rumble Inc.

Tether invests $775M for 103,333,333 newly issued shares at $7.50/share; $250M allocated to growth, rest funds self-tender.
Rumble to launch self-tender for up to 70M shares at $7.50/share; CEO Pavlovski commits to tender up to 10M shares.
Chris Pavlovski retains super-majority voting control; Tether gets no board seats, no shareholder veto, and one-year standstill.
Rumble suspends its at-the-market equity offering program (ATM) with no shares sold to date; ATM prospectus terminated.
Closing conditions include HSR waiting period, Nasdaq listing approval, and 20-day information statement period if required.

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