Rumble acquires ~85.2% of Northern Data AG for $1.52B; pro forma net losses widen sharply

Rumble Inc.

Consideration $1.52B: 59.3M Class A shares + 98.3M pre-funded warrants at $7.29/share + $366.6M note payable.
Exchange ratio 2.0281 RUM shares per NDAG share; goodwill $411.5M; non-controlling interest $93.3M.
Pro forma 6mo 2026: revenue $168.2M, net loss $541.4M; FY2025: revenue $194.3M, net loss $742.2M.
Acquisition of AI/HPC infrastructure to accelerate cloud business; closed June 17, 2026.
Note payable bears 3-mo EURIBOR+3%; pro forma includes additional depreciation and amortization.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.