Cantor Fitzgerald’s CF Acquisition VI filed a registration statement on Form S-4 in connection with its proposed business combination with Rumble.
As announced in December, assuming no redemptions by CFVI stockholders and prior to giving effect to transaction expenses, the deal would provide approximately $400 million of proceeds at close, including $100 million of proceeds from a PIPE and $300 million of cash held in the SPAC’s trust account.
Canada-based Rumble is a video platform that competes with YouTube.
Shares of CF Acquisition VI and Digital World Acquisition, a SPAC taking Donald Trump’s social media company public, both spiked in December on news that Rumble was partnering with Trump’s Truth Social platform. The agreement calls for Rumble to provide streaming services for content that would be on the Trump media site, which has yet to launch. Read more.
