Rumble to acquire Northern Data; Q3 net loss narrows to $16.3M

Rumble Inc.

Rumble signs business combination with Northern Data; voluntary public exchange offer; gains ~22.4K NVIDIA GPUs and data centers.
Maysville, GA data center to deliver up to 180MW; Northern Data to delist after completion.
Q3 revenue $24.8M (down 1% YoY), net loss $16.3M (improved from $31.5M), Adj. EBITDA loss $15.1M (improved $8.4M).
MAUs 47M (down from 51M Q2); ARPU $0.45 (up 7% QoQ).
Cash $269.8M + Bitcoin $24.0M; total liquidity $293.8M.

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