No, Rumble is not currently going public; it successfully completed its public listing and became a publicly traded company just over two years ago.
Rumble's Path to Public Trading
Rumble, known as a streaming video platform designed for smaller content creators and established in 2013 as an alternative to YouTube, officially entered the public market through a merger with a special purpose acquisition company (SPAC). This method allowed the company to bypass the traditional initial public offering (IPO) process and list its shares on a major stock exchange.
Key Details of Rumble's Public Listing
- Ticker Symbol: Rumble trades on the NASDAQ stock exchange under the ticker symbol RUM. You can find its current market performance and financial data on financial platforms like Yahoo Finance or NASDAQ.
- Method of Listing: The company went public via a SPAC merger, a common alternative to a traditional IPO for companies seeking to list quickly.
- Timeline: This public debut occurred just over two years ago, firmly establishing Rumble as a publicly owned entity.
Therefore, rather than being in the process of "going public," Rumble is already an active participant in the stock market, with its shares available for trading by investors.
