IonQ CRO Alameddine Rima sells $4.6m in shares
Tether Investments S.A. de C.V., a >10% owner in Rumble Inc. (NASDAQ:RUM), has recently purchased shares of the company’s Class A Common Stock. According to a Form 4 filing with the Securities and Exchange Commission, the purchases, totaling $5.7 million, were executed between November 19 and November 21, 2025, with prices ranging from $5.3847 to $5.4611 per share.
The transactions involved the purchase of 353,192 shares on November 19, 440,000 shares on November 20, and 270,478 shares on November 21. Following these transactions, Tether Investments, S.A. de C.V. now owns 104,397,003 shares of Rumble Inc. Class A Common Stock.
Giancarlo Devasini, who holds a greater than 50% voting interest in Tether Holdings, S.A. de C.V., may be deemed to have beneficial ownership of the shares held by Tether Investments, S.A. de C.V., its wholly-owned subsidiary.
In other recent news, Rumble Inc. reported its third-quarter financial results, highlighting a narrowed net loss. The company posted a net loss of $16.3 million, or $0.06 per share, aligning with analyst expectations and showing improvement from a $31.5 million loss in the same period last year. Revenue for the quarter was $24.8 million, slightly below the analyst consensus of $26.86 million and a 1% decrease from $25.1 million in the previous year. Additionally, Rumble has decided to proceed with its acquisition of Northern Data AG, a German data center operator, albeit at a reduced price due to a tax investigation. This acquisition will see Rumble adding about 22,000 Nvidia GPUs and a globally distributed network of data centers to its cloud portfolio. The revised terms include a voluntary public exchange offer to Northern Data shareholders, offering 2.0281 newly issued Class A Rumble shares for each Northern Data share. These developments are significant as Rumble continues to optimize its operations, especially with the upcoming U.S. election cycle.
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