RUM — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-10

• On November 10, 2025, the Company announced a $100 million advertising commitment from Tether, representing $50 million advertising commitment per year over a two-year period beginning in the first quarter of 2026.

• On June 4, 2026, the Company announced that it had entered into a multi-year agreement under which Together AI will purchase dedicated GPU cloud capacity powered by NVIDIA HGX B300 systems.

• On June 17, 2026, the Company announced the closing of the acquisition of Northern Data, a leading provider of AI and high-performance computing (HPC) infrastructure. Following the closing of this acquisition, the Company acquired approximately 85% of Northern Data’s outstanding shares. Refer to Not…

• Given favorable market conditions and Northern Data’s reported near capacity GPU utilization, the Company and Tether mutually agreed not to enter into the customer agreement originally contemplated by the Tether transaction support agreement, dated November 10, 2025, by and between the Company and T…

• Interest income consists of interest earned on our cash and cash equivalents, which we invest in highly liquid instruments such as money market funds, treasury bills and term deposits, together with interest from other investment arrangements. Interest expense primarily relates to our note payable a…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• On November 10, 2025, the Company entered into the ND Business Combination Agreement. Subject to the satisfaction or waiver of the terms and conditions of the ND Business Combination Agreement, the Company will submit the Exchange Offer to all shareholders of Northern Data to acquire each Northern D…

• Tether, along with an affiliate of Northern Data’s current co-CEO (Aroosh Thillainathan) and another significant shareholder, collectively holding Northern Data shares representing approximately 72% of the outstanding Northern Data Shares, have entered into the Transaction Support Agreements pursuan…

• On April 13, 2026, the launch of the Exchange Offer occurred, and the ND Business Combination is expected to close in the second quarter of 2026, subject to satisfaction of closing conditions and regulatory approvals.

• Additionally, the Company has entered into a significant agreement with Tether, which includes an initial commitment by Tether to purchase up to $150 million of GPU services over a two-year period following the closing of the ND Business Combination.

• The Company also announced a $100 million advertising commitment from Tether, representing $50 million per year over a two-year period beginning in 2026. This commitment is not contingent upon the completion of the ND Business Combination.

Text added vs the prior filing · source: 10-Q · 2026-08-10

• On June 17, 2026, we completed the acquisition of Northern Data, as a result of which we acquired approximately 85% of Northern Data’s outstanding shares (see Note 3 to the condensed consolidated interim financial statements for additional information). Under guidelines established by the SEC, compa…

• Except as noted above with respect to the Northern Data acquisition, there were no changes in our internal control over financial reporting during the period covered by this Quarterly Report that have materially affected, or are reasonably likely to materially affect, our internal control over finan…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• There were no changes in our internal control over financial reporting during the period covered by this Quarterly Report that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting

Text added vs the prior filing · source: 10-Q · 2026-08-10

• On May 7, 2026, a complaint for patent infringement was filed by Videotex LLC against Rumble Canada Inc. in the U.S. District Court for the Eastern District of Texas. The complaint alleges that Rumble Canada Inc. has and continues to infringe a patent issued to the plaintiff in 2020. The Company has…

• On April 20, 2026, the Company was served with a complaint from James H. Dillard, II in the Nevada District Court alleging contributory and vicarious copyright infringement against the Company. The plaintiff amended it the complaint before the Company filed an answer. The Company has not been served…

• A trademark dispute was filed by North Data GmbH (“North Data”) against NDAG in August 2023. North Data alleges that NDAG’s use of its company name “Northern Data AG” and certain associated trademarks infringed North Data’s trademark “North Data.” The Hamburg Regional Court (Landgericht Hamburg) iss…

• See Note 19 (Commitments and Contingencies) to the condensed consolidated interim financial statements (which is incorporated by reference into this Part II, Item 1) for information relating to certain VAT decisions issued by the Swedish Tax Authority to certain subsidiaries of Northern Data, each o…

• As to each of the above lawsuits, the Company believes it has meritorious defenses to the claims asserted and, except as expressly noted above, intends to defend itself vigorously. However, litigation is inherently unpredictable, and we cannot predict the outcome of these matters. At this time, we c…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• As to each of the above lawsuits, the Company believes it has meritorious defenses to the claims asserted and intends to defend itself vigorously. However, litigation is inherently unpredictable, and we cannot predict the outcome of these matters. At this time, we cannot reasonably estimate the poss…

Text added vs the prior filing · source: 10-Q · 2026-08-10

• Because the ND Business Combination has now been consummated and Northern Data’s business is expected to constitute a significant portion of our business, additional significant risks may apply to the combined business as detailed in the “Risk Factors” section of our Registration Statement on Form S…

• Our development and construction of new data center facilities involves significant risks, including increasing public and community opposition to data center development and exposure to a highly-evolving regulatory landscape, which could delay, increase the cost of, or prevent the completion of our…

• Our strategy contemplates the development and construction of one or more new data center facilities, and we expect to continue to evaluate additional development opportunities in the future. Data center development is a complex, capital-intensive, multi-year undertaking that exposes us to numerous …

• In addition, data center development has become the subject of increasing public attention and, in a growing number of communities, organized local opposition. Residents, advocacy organizations, and other stakeholders in communities where data centers are proposed or under development have raised co…

• Our current and future development projects have been and will likely continue to be the subject of similar public scrutiny or opposition. Although we have invested significant time and resources into developing positive relationships with local communities, community opposition could result in the …

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• There have been no material changes to the risk factors described under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025. You should carefully consider the risks, uncertainties and cautionary statements described therein, together with the other discl…