Many actual events and circumstances are beyond the control of CFVI and Rumble. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Rumble and CFVI assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Rumble nor CFVI gives any assurance that either Rumble or CFVI will achieve its expectations.

CAHS Class of 1951 – An award of $2,500 to a graduating senior of Charlotte Amalie High School (CAHS) who is pursuing an undergraduate degree and who has significant financial need. In 2023, the foundation was awarded $178,455 in scholarship awards to 63 Virgin Islands students. Since awarding the first CFVI Scholarships in 1996 from a bequest from Anna Green Walsh, the foundation has awarded more than $3.8 million in scholarships.

About CF Acquisition Corp. VI Stock (NASDAQ:CFVI)

However, it is too early to know how successful this endeavor will be. Saying something definite in the SPAC space comes with its issues. Much like the meme space, it is tough to predict because a positive press release can have a massive effect on the share price.

Librarian Legacy Scholarship – $۵,۰۰۰ to a USVI resident who is enrolled in a graduate-level program (full-time or part-time) in the field of library science and information studies, accredited by the American Library Association or a comparable university program. Prior Family Foundation Performing Arts Scholarship – One award of $2,500 to assist a Virgin Island student accepted into a performing arts program at a prestigious school. Lana Vento Scholarship – Up to three $5,000 scholarships available to undergraduate or graduate students, preferably students interested in marine and environmental sciences and/or first-generation scholars. Blackhall Family Scholarship – Up to two scholarships of $2,500 each for graduating high school seniors enrolling in technical post-high school education in the fields of plumbing, electrical, automotive, welding and metalwork, masonry, locksmithing or other forms of construction.

Contrarian Picks: 3 Oversold Tech Stocks Poised to Surge

However, investors are on edge because of current geopolitical tensions due to the Russia’s invasion of Ukraine. 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. 5 Assumes no redemptions by CFVI’s public stockholders and prior to payment of transaction expenses and stock repurchase. 2 Assumes no redemptions by CFVI’s public stockholders and prior to payment of transaction expenses and stock repurchase. Unlike some other SPAC S-4 filings, there was no projected income statements or balance sheets.

Pepsi (PEP) declared victory in the taste war and claimed that Coke was effectively admitting their “original” coke had an inferior taste to Pepsi. Many thought this whole episode would be a major negative for Coke. The entire cola industry, including Coke, had huge sales increases. The deal between CF Acquisition and Rumble values Rumble at a $2.2 billion enterprise value. CF Acquisition currently trades at a market cap of about $437 million and has amassed 44 million monthly average users, according to the company.

The other big news is that the controversial content creator Andrew Tate, who had a massive following on several mainstream social media platforms, is now joining Rumble after being banned from many of those mainstream sites. Tate has become well known for his opinions on topics surrounding masculinity and comments on gender that many deem to be sexist. Some believe Rumble has the potential to challenge mainstream social media platforms like YouTube that they believe unfairly censor content. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial services, healthcare, real estate services, technology, and software industries CF Acquisition Corp. Tunick Family Fund Scholarship – $۲,۵۰۰ award to a student with academic excellence (3.5 GPA or higher) and financial need who is pursuing a degree in business at the University of the Virgin Islands or any historically black college or university. Lisa Etre Fine Art/Studio Art Scholarship – $۵,۰۰۰ scholarship for a graduating high school senior or undergraduate student who is studying studio/fine arts or art education and who uses St. John as their permanent residence.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Unlike many news organizations, we haven’t put up a paywall – we want to keep our journalism as accessible as we can.

Rather, they’re driven by a lack of interest in the platform — a platform that even Trump himself has abandoned. Rumble’s behind-the-scenes technology won’t actually help Truth Social make progress on that front. Investors are preparing to vote on whether or not to approve CF Acquisition’s merger with the YouTube competitor Rumble. Additionally, the alternative video content platform recently added the controversial content creator and former professional kickboxer Andrew Tate. Junior Angels Scholarship – $۲,۵۰۰ to a previous or current member of CFVI’s volunteer community service program, Junior Angels. Applications for undergraduate and graduate scholarships must be submitted through CFVI’s online portal at /ScholarshipPortal.

1. After market hours on Tuesday, Rumble, the company that plans to go public by merging with CF Acquisition, pushed out a reminder to its current shareholders.
2. All students are encouraged to apply regardless of academic or financial status.
3. Still, the blank-check partner of TMTG has seen a difficult season.
4. CFVI emphasized a comprehensive selection process based on financial need, academic progress, extracurricular activities, and essay responses.
5. The Motley Fool has positions in and recommends Alphabet (A shares) and Alphabet (C shares).
6. The deal between CF Acquisition and Rumble values Rumble at a $2.2 billion enterprise value.

This allowed for many more people to download the Truth Social app. Truth Social has topped the list of downloads since the migration over to Rumble. By the end of the month it is expected that the Truth Social app is bitmex legit will also be able to be downloaded on websites. The terms of this deal have not been disclosed and it is unclear the impact it will have on Rumble’s revenue, but it did give Rumble a lot of free media coverage.

How to Play CFVI in the Short-Term

CF Acquisition is slated to convene a special meeting of shareholders to approve the “business combination” of itself with Rumble tomorrow, Sept. 15, at 10 a.m. That reminder was essentially a list of Rumble’s preferred candidates for its post-merger board of directors; not surprisingly, the video posting site’s operator is nominating founder and CEO Chris Pavlovski as chairman. Of the five other nominees, three are currently directors at pre-merger Rumble. Trump’s TMTG is a social media platform that has some interesting aspects.

Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. If you appreciate our reporting and want to help make our future more secure, please consider donating. Information about additional scholarships available in the territory that are not affiliated with CFVI can be found by visiting /ScholarshipResourcesVI.

Assuming I hold and get the new Rumble shares, I plan on putting in sell orders in the low $14 range continuing up to just over $16. The basis for this selling program is based on the two massive new additional outstanding shares price points-$15 and $17.50. This selling program would still give me a very nice gain on my original average cost per CFVI share. This potential dilution powertrend problem makes it very difficult, in my opinion, for the new shares to trade above $17.50 unless there are really impressive reports of users/views or if the Trump deal has a dramatic positive impact on Rumble’s income statement. The latest update on metrics was given during a recent CEO Pavlovski interview. Rumble in March had a record high 44.3 million monthly active users-MAU.

I would expect a very large MAU increase in April because of all the attention Rumble received after Trump’s media company migrated over to Rumble. We do not know, however, how much revenue Rumble will actually directly receive from the Trump deal. The S-4 filing contained previously undisclosed Rumble income shakepay review statements. I was disappointed because I expected that Rumble would have much higher revenue. Their problem is they were dependent almost completely on advertising for their revenue. Subscriptions and fees from their new cloud space infrastructure should create a more balanced revenue source going forward.

After market hours on Tuesday, Rumble, the company that plans to go public by merging with CF Acquisition, pushed out a reminder to its current shareholders. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. Rumble has some promise to provide an alternative way to watch videos, but it is still a work in progress.

Within the first hour of trading, it fell about 0.90% and has made multiple attempts at rallying since. CFVI is up about 3% for the day, but if its early performance is any indication, it will continue to bounce. 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. Prospective applicants are encouraged to submit their applications through CFVI’s online portal by the deadline of Tuesday, April 30, 2024. Beth Nuttall, director of grants and programs at CFVI, is available for questions or technical assistance via [email protected].