공시 • May 31
Northern Data Ag Announces to Step Down of Elliot Jordan as Group Chief Financial Officer, Effective May 31, 2026 Northern Data AG announced that Elliot Jordan would step down as Group Chief Financial Officer, with his departure effective May 31, 2026. Elliot Jordan would continue to work with Northern Data Group in an advisory capacity to ensure continuity across its financial operations and in connection with the Group’s ongoing business combination with Rumble. 공시 • May 06
Northern Data to Terminate the Inclusion of the Shares in Trading on the Open Market Promptly Following the Closing of the Tender Offer Rumble Inc. (“Rumble”) announced that the proposed business combination of Rumble and Northern Data AG (“Northern Data”) has obtained the final regulatory approval. On April 29, 2026, Rumble received notice that the United Arab Emirates Ministry of Economy had completed its review of the proposed transaction and granted the required approval. No other regulatory approvals will be required. The acceptance period ends on May 9, 2026 at 06:01 hrs (local time in Frankfurt am Main, Germany) /00:01 hrs (local time in New York), subject to any extension of the offer period and satisfaction or waiver of the conditions to the exchange offer. Assuming publication of the results of the exchange offer on May 13, 2026, an additional tender offer acceptance period is expected to begin on May 15, 2026, and expected to end on June 1, 2026, at 06:01 hrs (local time in Frankfurt am Main, Germany) /00:01 hrs (local time in New York). The exchange offer can no longer be accepted after expiry of the additional acceptance period. The exchange offer provides Northern Data shareholders with an opportunity to become stockholders directly in Rumble and thereby participate in the combined company's drive towards becoming a leading, independent force in AI computation, cloud infrastructure, and digital video innovation. Northern Data's Management Board and Supervisory Board unanimously recommend that shareholders accept the offer. Rumble will not enter into a domination and/or profit and loss transfer agreement for a period of at least three years after closing. The Management Board of Northern Data will terminate the inclusion of the Northern Data shares in trading on the open market promptly following the closing of the tender offer. A separate delisting offer will not be required. Northern Data shareholders who do not tender their shares will continue to hold shares of Northern Data following closing, and should be aware that the delisting will likely result in a significant reduction in liquidity and price transparency for Northern Data shares, and they may not be able to sell their shares as a result. 공시 • Aug 12
Elektron Energy LP signed a letter of intent to acquire Peak Mining, LLC from Northern Data AG (DB:NB2) for approximately $240 million. Elektron Energy LP signed a letter of intent to acquire Peak Mining, LLC from Northern Data AG (DB:NB2) for approximately $240 million on August 11, 2025. The transaction consideration contemplates an all-cash offer of up to approximately $240 million, inclusive of approximately $180 million of upfront cash consideration with the remainder subject to certain key performance metrics and the successful transfer of a deposit agreement with a bitcoin miner hardware producer. Northern Data’s Ardent division retains the explicit right to participate in any potential High Performance Computing development of Corpus Christi II by Elektron.
The transaction is expected to conclude in the second half of 2025 and is subject to customary closing conditions for a transaction of this type. 공시 • Aug 11
Rumble Inc. (NasdaqGM:RUM) signed a letter of intent to acquire Northern Data AG (DB:NB2) from Tether Inc. and other key shareholders for $1.2 billion. Rumble Inc. (NasdaqGM:RUM) signed a letter of intent to acquire Northern Data AG (DB:NB2) from Tether Inc. and other key shareholders for $1.2 billion on August 10, 2025. The shareholders of Northern Data would receive newly issued Class A shares of Rumble common stock in exchange for their Northern Data shares tendered in the Potential Offer. Each Northern Data shareholder that tenders its shares is expected to receive 2.319 newly issued Class A Rumble shares in exchange for each Northern Data share (with customary settlement mechanisms for fractional shares).The Potential Offer would result in approximately 33.3% total pro forma ownership in Rumble2 for Northern Data shareholders, assuming all outstanding Northern Data shares are tendered.
The transaction is subject to approval of offer by acquirer board, consummation of due diligence investigation and definitive agreement, Tether and potentially other key shareholders entering into a sale and purchase agreement with Rumble with respect to its shares in Northern Data, on terms mutually acceptable to the respective parties; Tether agreeing to amend the shareholder loan granted to Northern Data on terms mutually acceptable to the parties; The management board and supervisory board of Northern Data agreeing to recommend to the shareholders of Northern Data that they tender their shares of Northern Data in the Potential Offer, if launched; and BaFin approving the prospectus relating to the public offer of shares of Rumble.
Rumble’s Potential Offer assumes that Northern Data’s Peak Mining unit would be disposed prior to completion of a Potential Offer, with net proceeds from that transaction used to reduce existing loan that Tether has extended to Northern Data.
Guggenheim Securities, LLC acted as financial advisor for Rumble Inc. Willkie Farr & Gallagher LLP acted as legal advisor for Rumble Inc. 공시 • Apr 14
Northern Data AG, Annual General Meeting, May 21, 2025 Northern Data AG, Annual General Meeting, May 21, 2025, at 10:00 W. Europe Standard Time. 공시 • Feb 17
Northern Data Group Appoints John Hoffman as Group Chief Operating Officer Northern Data Group has announced that it has appointed a new chief operating officer (COO). The Germany-based provider of AI and High-Performance Computing (HPC) solutions has announced a new appointment to its group executive committee. John Hoffman has been appointed a group COO. He is to partner with the executive team to drive Northern Data's global growth plans. He has more than 20 years of experience.