Key facts
- This page summarizes CFAC Holdings VI, LLC's Form 4 filing for Rumble Inc. (RUM).
- 7 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 20 Sep 2022, 16:31.
CFAC Holdings VI, LLC - 16 Sep 2022 Form 4 Insider Report for Rumble Inc. (RUM)
- Reporting relationship
- Former 10% holder
- Issuer ticker
- RUM
- Reported as of
- 16 Sep 2022
- Net transaction value
- +$11,590,000
- Reporting owner signature
- /s/ Howard Lutnick, as Chief Executive Officer of CFAC Holdings VI, LLC
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
CFAC Holdings VI, LLC filed Form 4 for Rumble Inc. (RUM) on 20 Sep 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$11,590,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RUM
transaction
Class A common stock
Purchase
- Transaction value
- $11,590,000
- Shares
- +1,159,000
- Change %
- Price
- $10.00
- Shares after
- 1,159,000
- Date
- 16 Sep 2022
- Ownership
- Direct
- Footnotes
- F1, F5
RUM
transaction
Class A common stock
Purchase
- Transaction value
- Shares
- +1,875,000
- Change %
- +162%
- Price
- Shares after
- 3,034,000
- Date
- 16 Sep 2022
- Ownership
- Direct
- Footnotes
- F2, F5
RUM
transaction
Class A common stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- +7,480,000
- Change %
- +247%
- Price
- $0.000000
- Shares after
- 10,514,000
- Date
- 16 Sep 2022
- Ownership
- Direct
- Footnotes
- F3, F5
RUM
transaction
Class A common stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- +700,000
- Change %
- +6.7%
- Price
- $0.000000
- Shares after
- 11,214,000
- Date
- 16 Sep 2022
- Ownership
- Direct
- Footnotes
- F4, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RUM
transaction
Derivative
Class B Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -7,480,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 16 Sep 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 7,480,000
- Exercise price
- Footnotes
- F3, F5
RUM
transaction
Derivative
Warrants
Disposed to Issuer
- Transaction value
- Shares
- -375,000
- Change %
- -50%
- Price
- Shares after
- 375,000
- Date
- 16 Sep 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 375,000
- Exercise price
- $11.50
- Footnotes
- F2, F5
RUM
transaction
Derivative
Warrants
Disposed to Issuer
- Transaction value
- Shares
- -175,000
- Change %
- -24%
- Price
- Shares after
- 550,000
- Date
- 16 Sep 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 175,000
- Exercise price
- $11.50
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
CFAC Holdings VI, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
Pursuant to that certain Subscription Agreement, dated December 1, 2021, by and between the issuer and CFAC Holdings VI, LLC (the "Sponsor"), and certain assignment agreements dated September 14 and 15, 2022, the Sponsor purchased an aggregate of 1,159,000 shares of Class A common stock, par value $0.0001 per share, of the issuer ("Class A Common Stock") on September 16, 2022 in a private placement that consummated in connection with the issuer's initial business combination with Rumble Inc., an Ontario corporation ("Legacy Rumble")
Footnote F2
Pursuant to that certain Forward Purchase Contract, dated February 18, 2021, by and between the issuer and the Sponsor, the Sponsor purchased an aggregate of 1,875,000 shares of Class A Common Stock and 375,000 warrants (each, a "Warrant"), each whole Warrant entitling the holder thereof to purchase one share of Class A Common Stock for $11.50 per share.
Footnote F3
As described in the issuer's registration statement on Form S-1 (File No. 333-252598) under the heading "Description of Securities--Founder Shares", upon consummation of the issuer's initial business combination and waiver of the Sponsor's anti-dilution rights in connection with the conversion, the shares of Class B common stock converted into shares of Class A common stock on a one-for-one basis.
Footnote F4
These shares represent shares of Class A common stock issued to the Sponsor upon separation of the 700,000 private placement units previously purchased by the Sponsor from the issuer in February 2021, each unit comprised of one share of common stock and one-fourth of one Warrant. The Sponsor acquired the private placement units for a purchase price of $10.00 per unit in a private placement that consummated in connection with the issuer's initial public offering.
Footnote F5
The Sponsor is the record holder of the securities reported herein. Cantor Fitzgerald, L.P. ("Cantor") is the sole member of the Sponsor. CF Group Management, Inc. ("CFGM") is the managing general partner of Cantor. Mr. Lutnick is the trustee of the sole stockholder of CFGM. As such, each of Cantor, CFGM and Mr. Lutnick may be deemed to have beneficial ownership of the securities directly held by the Sponsor. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.