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New Deal


Announced

Rumble went public via a SPAC merger with CF Acquisition IV in a $2.1bn deal.

Financials

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Transaction Value£1,853m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

De-SPAC

Reverse Takeover

Majority

Merger

Canada

Digital Services

Single Bidder

Friendly

video platform

Private

Cross Border

Acquisition

Synopsis

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Rumble, a video platform, went public via a SPAC merger with CF Acquisition IV, a blank cheque company, in a $2.1bn deal. "Today marks an amazing milestone for our company, and one that I have been looking forward to for a long time. This transaction allows Rumble to fund a wide range of business initiatives, including the development of our independent infrastructure while we continue to add top creators to our platforms," Chris Pavlovski, Rumble Founder and CEO.

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