Rumble agrees to acquire Northern Data AG from Tether and major holders

Rumble Inc.

Tether sells 41,887,766 shares (65.2% of Northern Data AG) to Rumble for Rumble common stock; Offer Ratio and possible cash.
Rumble also buys 744,150 shares from ART Holding GmbH (CEO) and 2,246,399 from Apeiron Investment Group.
Rumble to launch tender offer for all outstanding Northern Data shares; Business Combination Agreement executed.
Tether provides equity commitments to fund certain taxes via Parent and Rumble Equity Commitment Agreements.
Rumble share issuance to Tether capped at 9.9% voting power; excess consideration in pre-funded warrants.

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