Rumble’s mission is to restore the Internet to its roots by making it free and open once again. Rumble is a high-growth neutral video platform and cloud services provider that is creating the rails and independent infrastructure designed to be immune to cancel culture. For more information, visit corp.rumble.com.
On September 19, 2022, as the result of a business combination with a publicly traded shell company, or a SPAC, Rumble’s Class A common stock commenced trading on the Nasdaq under the symbol “RUM.”
Short selling is a trading strategy where investors bet on a stock’s decline by borrowing a security and selling it on the open market, planning to repurchase the security later at a lower price.
Brokerage firms, such as the ones in which you hold your Rumble shares, may facilitate short selling in Rumble’s shares by lending your Rumble shares that are held in margin accounts. Through this practice, brokerage firms earn an alternative source of revenue by “lending” shares to sophisticated and institutional investors who are betting that the price of the stock will decrease. If the price of the stock in fact decreases, then the brokerage firm and the sophisticated and institutional investors stand to make a profit, while the retail investor who owns the shares does not.
Long-term shareholders who believe in the Company’s mission and future can take the following actions to prevent the lending of these shares for the purposes of short selling:
- moving your RUM shares to a cash account from a margin account at your brokerage firm (a model instruction letter is set forth under the heading “Example Form of Letter to Broker” below);
- opting out of any securities lending programs, which should stop your broker from lending your shares; or
- keeping your shares at Computershare, the Company’s transfer agent (please note, should you transfer your shares to Computershare, you may incur certain costs in connection with any such transfer and delays in transferring your shares back to a brokerage should you decide to sell the shares); or
- transferring your shares to your bank (if the bank provides custody services); or
- holding shares in your retirement account (if permitted by your plan).
Example Form of Letter to Broker
If you decide to instruct your broker not to make your shares available for lending to short sellers, the following is a sample of the language you can use in your email or letter to the manager of your brokerage account:
[Broker Name]
[Broker Address]
Attn: Account Manager
My Account [Account Number]
Dear Sir or Madam
Please accept this written instruction to make sure that the following securities are held in my cash account only and accordingly are not available for any stock loan activities. I hereby expressly opt out of any securities lending programs and instruct you to not loan out any of my shares.
Securities:
[Number] shares of Rumble Inc. (RUM) and any RUM shares subsequently acquired.
Please confirm receipt and compliance with this request.
You can access press releases issued by Rumble here.
You can access our quarterly and annual financial reports here.
To sign up for future news releases from Rumble, please utilize the e-mail alert feature, found here.
Following the Company’s building year in 2023, the full set of tools and infrastructure are positioned to enable and scale monetization in 2024.
The Company has stated beginning with the second quarter of 2024, revenue is expected to increase on a sequential basis. As a result of the Company’s revenue engines coming online and guaranteed creator commitments set to significantly decrease by the end of 2024 and into 2025, Rumble continues to move materially towards breakeven in 2025.
Rumble’s fiscal year ends December 31.
As of May 8, 2024, we had issued and outstanding (i) 116,936,025 shares of Class A common stock, (ii) 165,153,628 shares of Class C common stock, and (iii) 105,782,403 shares of Class D common stock.
Rumble’s auditor is Moss Adams LLP.
Rumble’s transfer agent is Computershare. Computershare can be contacted at the following toll-free number: 800-376-3001.
For information regarding paper stock certificates, please contact our transfer agent, Computershare, at the following toll-free number: 800-376-3001.
Rumble is one of the few neutral, independent, and scaled video platforms that operate with a consistent and user-friendly moderation policy. We strive to employ only reasonable, obvious, and clearly defined standards of conduct. Rumble’s terms and conditions of use and agency agreement can be accessed here.
You can sign up for Rumble by visiting rumble.com or by downloading the Rumble app to your mobile device via the Apple App Store, Google Play Store, or the Samsung Galaxy Store. For technical assistance, contact: support@rumble.com.
- You should contact Investor Relations if you have a question that cannot be addressed via our FAQs. Please email investors@rumble.com.
- If you are having issues with your personal brokerage account, please contact your broker.
- If you have questions about physical certificates, you should contact the Company’s Transfer Agent, Computershare, at 800-376-3001.
- For Rumble tech support, please contact support@rumble.com
We use certain social media accounts as a means of disclosing information about us and our services and for complying with our disclosure obligations under Regulation FD.
Rumble’s corporate social media accounts are as follows:
- @rumblevideo on X (x.com/rumblevideo).
- @rumblecloud on X (x.com/rumblecloud).
- @rumble TRUTH Social account (truthsocial.com/@rumble).
- @rumblecloud TRUTH Social account (truthsocial.com/@rumblecloud)
Chris Pavlovski, Rumble’s Chairman and Chief Executive Officer, uses the following social media accounts as a means for personal communications and commentary:
- @chrispavlovski on X (x.com/chrispavlovski).
- @chris TRUTH Social account (truthsocial.com/@chris).
The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our investor relations website.