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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Eni Group and Repsol plan to transfer partial ownership of Venezuelan gas fields
Besennt states Iranian offshore oil in transit will drop to zero this week
Renault Group will invest over 10 billion euros in France in the coming years to develop electric vehicles.
The CEO of Renault Group stated that the group will invest more than 10 billion euros in France over the next few years to develop electric vehicles and affordable models. Thanks to the growth in electric vehicle production, Renault Group expects its domestic output in France to increase by more than 25% by 2026.