However, regulatory scrutiny that could put the merger at risk has brought shares back to around $26 as of this writing. In reality, Rumble’s success is also likely part of why Truth Social has fallen so far. The saga of the two platforms illustrates that their right-wing consumer marketplace is a zero sum game. Today’s announcement is the first positive catalyst that DWAC stock has seen since its February launch. Yes, today’s performance is promising, but the fact that DWAC is far outpacing CFVI should compel investors to take a step back and examine the bigger picture. Still, the blank-check partner of TMTG has seen a difficult season.
Additionally, the alternative video content platform recently added the controversial content creator and former professional kickboxer Andrew Tate. There’s another key reason why the surge in DWAC stock isn’t sustainable; the new partnership doesn’t address the root of Truth’s issues. In a statement, Rumble claims the migration “will enable the Truth Social platform to scale significantly on a new and cancel-culture-free cloud platform.” But the platform’s problems do not stem from a lack of cloud-based infrastructure.
Even as Digital World kept climbing, following the launch of Truth Social, excitement for CF Acquisition began to fade. More recently, news of Elon Musk’s big move into social media has likely hurt its ability to bounce back. The company styles itself as a fully open video sharing platform that does not restrict content in any way.
- The live launch of the CFVI took place on Wednesday 15th March, hosted by BBC Broadcaster Peter White and featuring experts from education, health and habilitation across the UK.
- Rumble, CFVI, and/or a successor entity of the transaction will also file other documents regarding the proposed transaction with the SEC.
- Musk’s commitment to free speech is perceived to be a sign that demand for alternative platforms is about to dry up.
- In addition, Rumble has a close association with former President Trump.
The merger between Rumble and CF Acquisition VI is expected to contribute approximately $400 million in proceeds to Rumble, which includes $100 million in a fully committed PIPE (private investment in public equity) at $10 per share and $300 million of cash held in the trust account of CF Acquisition. Particularly during President Trump’s administration, conservatives charged Big Tech with conspiring to silence their voices by either changing their algorithms to shadow ban them or outright booting them from their platforms. The vote to approve the merger between CF Acquisition and Rumble is slated for Sept. 15.
This deal also provides Rumble with a large amount of cash proceeds. Among other things, the platform could use this platform to attract and retain more talent for its site. This, in turn, could enable it to move beyond just being the “conservative YouTube,” and become a formidable competitor to YouTube.
New education reports: Unlocking education for all
CFVI’s stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and executive officers of CFVI in the Registration Statement. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from CFVI’s stockholders in connection with the proposed business combination is set forth in the Registration Statement. This resource hub focuses on supporting the learning and development of specialist skills as defined by the CFVI. If you would like to find resources relating to curriculum subjects these can be found on the Subject Specific Curriculum Resources page. This Resource Hub has been created by the sector, for the sector.
CFVI Updates and Specialist Training Events
It is a space for knowledge and resource sharing across all professionals involved in the education of children and young people with a VI aged 0-25 in relation to the teaching of the specialist skills they may require. The Resource Hub is organised into the areas of the CFVI and details both external and downloadable resources that may support the delivery of the framework. This Resource Hub is in its pilot phase of development and we plan to refine both the resources and method of access as the CFVI becomes embedded in practice across the sector.
Key Executives
Rumble’s mission is to restore the internet to its roots based on freedom of expression and creativity. There is no obvious news behind the move, although the blank check company does seem to have a link to former President Donald Trump. I won’t go into detail as to whether or not Elon Musk’s recent social media purchase means “game over” for Truth Social, but thinking that’s the verdict for Rumble is an overreaction. In fact, it has zero impact on Rumble’s prospects, and in turn, the long-term prospects of what is for now known as CFVI stock.
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The Curriculum Framework for Children and Young People with Vision Impairment (CFVI) has been developed to support children and young people with vision impairment access an appropriate and equitable education. Following the closing of the business combination, the combined company’s shares of common stock and redeemable warrants are expected to trade on the Nasdaq Global Market under the symbols “RUM” and “RUMBW.” On the date of publication, Samuel O’Brient did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
The documents filed or that will be filed by CFVI with the SEC also may be obtained free of charge upon written request to CF Acquisition Corp. VI, 110 East 59th Street, New York, NY or via email at The documents filed or that will be filed by Rumble or any successor entity of the transaction with the SEC also may be obtained free of charge upon written request to Rumble USA Inc., shakepay review 444 Gulf of Mexico Drive, Longboat Key, FL 34228. However, many post-SPAC stocks have fallen significantly after starting to trade independently, and Rumble in the first quarter of 2022 only made about $4 million of revenue and reported a loss of $3.9 million. Shares of DWAC soared from about $10 per share to more than $94 after DWAC announced its plan to merge with Truth Social.
Additionally, buying SPAC stock at $10 presents a low risk to investors if the merger fails, because they’ll still get their money back. The resources have been designed for use by specialist https://forex-review.net/ practitioners who work in vision impairment education (i.e. QTVIs and QRHS). As indicated in the Training Manual they are intended to be customised as required for use in bespoke training.
Some prominent names on Rumble include Fox News personality Dan Bongino, Donald Trump, Jr., and Matt Gaetz, a Republican politician from Florida. In addition, Glenn Greenwald, Tulsi Gabbard, Bridget Phetasy, and Matt Orfalea are also on the outlet.
Therefore, there is a feeling that speculators will not make massive gains in this one beyond the fruits they have already enjoyed in the case of CFVI stock. Rumble has some promise to provide an alternative way to watch videos, but it is still a work in progress. It has a lot of improvement potential and will likely have rewards for shareholders over time. Therefore, it is important to time your exits and entries carefully.
Curriculum Framework for Children and Young People with Vision Impairment
You can download these resources by visiting the ‘Specialist Resources and Sensory Support Service Documents’ section above. All told, regardless of today’s performance, DWAC stock is still one to avoid. As InvestorPlace contributor Faizan Farooque notes, Rumble is simply “more of a viable social media platform” than Truth Social.
Cf Acquisition Corp. VI Company Info
RNIB assumes no responsibility or liability to the extent permitted by law for any injury, loss or damage incurred as a result of any use or reliance upon the information and material contained within or downloaded from RNIB Bookshare. There are lots of accessible resources being created by individuals throughout the UK and through this hub, we can help you to share the resources that you, your organisation or service create. This means that everyone can benefit from access to a greater pool of resources. Usually, a SPAC stock does well in the run-up to a reverse merger. However, investors are on edge because of current geopolitical tensions due to the Russia’s invasion of Ukraine.