CF Acquisition in a prospectus filing called a Sept. 15 meeting for shareholders to vote on its proposed merger with Canadian video platform Rumble, a YouTube competitor.
As announced in December, assuming no redemptions by CFVI stockholders and prior to transaction expenses, the deal would provide approximately $400 million of proceeds at close, including $100 million from a PIPE and $300 million of cash held in the SPAC’s trust account.
Rumble has a technology and cloud-services agreement with ex-president Donald Trump’s Truth Social platform, which is being taken public by another SPAC, Digital World Acquisition. Read more.
