Merger Deal Of CF Acquisition And Rumble Is A Way To Trade Free Speech And DWAC

May 05, 2022 11:57 PM ETRumble Inc. (RUM) StockRUMBW, DJT, RUM33 Comments
WYCO Researcher
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Summary

  • CFVI and Rumble are trying to complete a SPAC merger deal.
  • Trump's Truth Social migrated over to Rumble's new cloud infrastructure in late April.
  • The new federal Disinformation Governance Board actually helped Rumble's free speech business model.
  • The CFVI and Rumble merger terms could result in massive dilution for CFVI shareholders.
  • No date has been set yet for the annual meeting to vote on the merger.
Censorship vs Free speech

Gwengoat/iStock via Getty Images

Rumble, a neutral video sharing platform, is going public via a SPAC merger with CF Acquisition Corp. VI (CFVI). This could be an indirect way to trade free speech and Digital World Acquisition Corp. (DWAC) because Trump

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I no longer write for Seeking Alpha. B.A. in Economics; M.S. in Finance. I usually wrote about distressed companies and companies in Ch.11 bankruptcy. I am now fully retired after spending decades in investments.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CFVI DWAC DWACW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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