{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-108322","form_type":"8-K","ticker":"RUM","cik":"0001830081","company_name":"Rumble Inc.","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.679686+00:00","generated_at":"2026-05-16T22:36:12.486253+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Rumble to acquire Germany's Northern Data AG via stock exchange; Tether backs with $400M equity and services deals","bullets":["Rumble to offer 2.0281 of its Class A shares per Northern Data share; potential $200M cash add-on contingent on Corpus Christi data center sale.","Tether, largest ND shareholder with 41.9M shares, supports deal with equity commitments totaling $400M for tax liabilities.","Post-close, Tether commits to $75M/yr GPU services and $50M/yr marketing agreements with Rumble over initial two-year terms.","€603M Tether loan to Northern Data transferred to Rumble subsidiary; half exchanged for Rumble shares at $7.88, half as new loan.","Closing subject to BaFin, regulatory, and no-insolvency conditions; drop-dead date Dec 31, 2026; Tether's ownership capped at 9.9% voting power."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-108322","json":"https://secwatch.observer/filing/0001213900-25-108322.json","markdown":"https://secwatch.observer/filing/0001213900-25-108322.md","text":"https://secwatch.observer/filing/0001213900-25-108322.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830081/000121390025108322/0001213900-25-108322-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830081/000121390025108322/ea0264742-8k425_rumble.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:36:12.486253+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}