RUM Group issues pre-funded warrant for up to 16,744,307 Class A shares in private placement to Tether
Bitget2026/10/02 20:31- RUM Group completed a private placement issuance of a pre-funded warrant to Tether on Sept. 30, 2026.
- Warrant allows purchase of up to 16,744,307 Class A shares at an exercise price of $0.0001 per share.
- Consideration for acquiring 8,256,155 Northern Data shares from Tether; stake rose to about 98% from about 85.2%.
- Squeeze-out proceedings planned under German law to buy the remaining roughly 2% of Northern Data shares.
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