12-03-2021, 05:41 AM
Is there a way to invest in a company that hasn’t gone public yet, but it plans to?
<!-- SC_OFF --><div class="md"><p>Talking about the video platform Rumble.</p> <p><a href="https://www.sec.gov/Archives/edgar/data/0001830081/000121390021062980/ea151549ex99-2_cfacq6.htm">https://www.sec.gov/Archives/edgar/data/0001830081/000121390021062980/ea151549ex99-2_cfacq6.htm</a></p> <p>Little experts from the link:</p> <p>Rumble, a fast-growing social media business aims to take itself public next year in a SPAC deal that could value the company at over $2 billion.</p> <p>To go public, Rumble intends to merge with an investment company initially created by Cantor Fitzgerald, a decades-old Wall Street bank. The deal woud leave Rumble with $300 million in cash, the company said in a statement announcing the transaction on Wednesday evening. It hopes to complete the process by the second quarter of next year.</p> <p>The Cantor Fitzgerald investment vehicle, which already trades publicly under the CFVI ticker, saw its shares rise Thursday, increasing by nearly 25% to $12.</p> <p>Rumble, which was founded in 2013, bills itself as a “true neutral platform” but has become a popular site among those who say they unfairly limit speech.</p> <p>“Rumble is designed to be the rails and independent infrastructure that is immune to cancel culture,” Rumble CEO and founder Chris Pavlovski said a statement. “We are a movement that does not stifle, censor, or punish creativity and believe everyone benefits from access to a neutral network with diverse ideas and opinions.”</p> <p>Rumble exploded in popularity following Trump’s 2020 presidential election loss with its monthly users rising from around 2 million to over 20 million at the end of last year. The site now attracts nearly 40 million such users. An investor prospectus for the SPAC highlights figures such as Dan Bongino, Rep. Devin Nunes, and Glenn Greenwald.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/AllHailHeisenberg"> /u/AllHailHeisenberg </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/r7mt61/is_there_a_way_to_invest_in_a_company_that_hasnt/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/r7mt61/is_there_a_way_to_invest_in_a_company_that_hasnt/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Talking about the video platform Rumble.</p> <p><a href="https://www.sec.gov/Archives/edgar/data/0001830081/000121390021062980/ea151549ex99-2_cfacq6.htm">https://www.sec.gov/Archives/edgar/data/0001830081/000121390021062980/ea151549ex99-2_cfacq6.htm</a></p> <p>Little experts from the link:</p> <p>Rumble, a fast-growing social media business aims to take itself public next year in a SPAC deal that could value the company at over $2 billion.</p> <p>To go public, Rumble intends to merge with an investment company initially created by Cantor Fitzgerald, a decades-old Wall Street bank. The deal woud leave Rumble with $300 million in cash, the company said in a statement announcing the transaction on Wednesday evening. It hopes to complete the process by the second quarter of next year.</p> <p>The Cantor Fitzgerald investment vehicle, which already trades publicly under the CFVI ticker, saw its shares rise Thursday, increasing by nearly 25% to $12.</p> <p>Rumble, which was founded in 2013, bills itself as a “true neutral platform” but has become a popular site among those who say they unfairly limit speech.</p> <p>“Rumble is designed to be the rails and independent infrastructure that is immune to cancel culture,” Rumble CEO and founder Chris Pavlovski said a statement. “We are a movement that does not stifle, censor, or punish creativity and believe everyone benefits from access to a neutral network with diverse ideas and opinions.”</p> <p>Rumble exploded in popularity following Trump’s 2020 presidential election loss with its monthly users rising from around 2 million to over 20 million at the end of last year. The site now attracts nearly 40 million such users. An investor prospectus for the SPAC highlights figures such as Dan Bongino, Rep. Devin Nunes, and Glenn Greenwald.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/AllHailHeisenberg"> /u/AllHailHeisenberg </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/r7mt61/is_there_a_way_to_invest_in_a_company_that_hasnt/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/r7mt61/is_there_a_way_to_invest_in_a_company_that_hasnt/">[comments]</a></span>Kind Regards R