Rumble Inc
For the period ended Dec 31, 2023. Filed Mar 27, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 27, 2024
RUM$5.08+3.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Shareholders’ Equity
Rumble Inc.
Consolidated Statements of Shareholders’ Equity
(Expressed in U.S. Dollars)
| Number of Common Stock | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Class A | Class C | Class D | Class A | Class C | Class D | Additional Paid-in Capital | Accumulated Deficit | Total | |
| Balance December 31, 2022 | 111,467,763 | 167,662,214 | 105,782,403 | $741,013 | $16,766 | $10,578 | $367,649,123 | $(28,782,701) | $339,634,779 |
| Issuance of Class A Common Stock in connection with Callin acquisition | 981,243 | - | - | 149 | - | - | 14,664,682 | - | 14,664,831 |
| Issuance costs in connection with Callin acquisition | - | - | - | - | - | - | (40,478) | - | (40,478) |
| Holdback of Class A Common Stock for the repayment of domain name loan in connection with the acquisition of Locals Technology Inc. | (26,731) | - | - | (3) | - | - | (391,232) | - | (391,235) |
| Issuance of Class A Common Stock upon vesting of restricted stock units | 551,522 | - | - | 55 | - | - | - | - | 55 |
| Issuance of Class A Common Stock in exchange for Class C Common Stock | 2,308,593 | (2,308,593) | - | 231 | (231) | - | - | - | - |
| Net share settlement on restricted stock units | (355,690) | - | - | (35) | - | - | (2,107,536) | - | (2,107,571) |
| Share-based compensation | - | - | - | - | - | - | 16,283,229 | - | 16,283,229 |
| Loss for the year | - | - | - | - | - | - | - | (116,420,462) | (116,420,462) |
| Balance December 31, 2023 | 114,926,700 | 165,353,621 | 105,782,403 | $741,410 | $16,535 | $10,578 | $396,057,788 | $(145,203,163) | $251,623,148 |
| Number of Common Stock | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Legacy Rumble Class A · Legacy Rumble Class B · Class A · Class B · Class C · Class D · Legacy Rumble Class A · Legacy Rumble Class B · Class A · Class B · Class C · Class D · Additional Paid-in Capital · Accumulated Deficit · Total | |||||||||||||||||||||
| Balance December 31, 2021 | 8,119,690 | 135,220 | - | - | - | - | $43,223,609 | $129,761 | $ | - | $ | - | $ | - | $ | - | $4,392,666 | $(17,378,707) | $30,367,329 | ||
| Issuance of Legacy Rumble Class A Common Stock in exchange for Legacy Rumble preference shares | 606,360 | - | - | - | - | - | 17,314,203 | - | - | - | - | - | - | - | 17,314,203 | ||||||
| Issuance of Class A and C Common Stock in exchange for Legacy Rumble Class A and B common shares | (8,726,050) | (135,220) | 48,970,404 | - | 168,762,214 | - | (60,537,812) | (129,761) | 4,897 | - | 16,876 | - | 60,645,800 | - | - | ||||||
| Issuance of Class A Common Stock in exchange for Legacy Rumble warrants | - | - | 14,153,048 | - | - | - | - | - | 731,281 | - | - | - | (731,281) | - | - | ||||||
| Repurchase of Class C Common Stock in the Key Individual Subscription Agreement | - | - | - | - | (1,100,000) | - | - | - | - | - | (110) | - | (10,999,890) | - | (11,000,000) | ||||||
| Issuance of Class D Common Stock in the Key Individual Subscription Agreement | - | - | - | - | - | 105,782,403 | - | - | - | - | - | 10,578 | 989,422 | - | 1,000,000 | ||||||
| Issuance of Class A and B Common Stock in connection with the Qualifying Transaction | - | - | 10,875,000 | 7,500,000 | - | - | - | - | 1,088 | 750 | - | - | 105,089,512 | - | 105,091,350 | ||||||
| Issuance of Class A Common Stock in exchange for CFVI Class B common shares | - | - | 7,500,000 | (7,500,000) | - | - | - | - | 750 | (750) | - | - | - | - | - | ||||||
| Issuance of Class A Common Stock in connection with public shares | - | - | 29,969,311 | - | - | - | - | - | 2,997 | - | - | - | 299,690,113 | - | 299,693,110 | ||||||
| Issuance costs in connection with the Qualifying Transaction | - | - | - | - | - | - | - | - | - | - | - | - | (54,091,750) | - | (54,091,750) | ||||||
| Excess fair value over net assets acquired – listing fee | - | - | - | - | - | - | - | - | - | - | - | - | (2,265,284) | - | (2,265,284) | ||||||
| Eliminate CFVI’s historical accumulated deficit | - | - | - | - | - | - | - | - | - | - | - | - | (37,003,588) | - | (37,003,588) | ||||||
| Share-based compensation | - | - | - | - | - | - | - | - | - | - | - | - | 1,933,403 | - | 1,933,403 | ||||||
| Loss for the year | - | - | - | - | - | - | - | - | - | - | - | - | - | (11,403,994) | (11,403,994) | ||||||
| Balance December 31, 2022 | - | - | 111,467,763 | - | 167,662,214 | 105,782,403 | $ | - | $ | - | $741,013 | $ | - | $16,766 | $10,578 | $367,649,123 | $(28,782,701) | $339,634,779 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.