Gleiss Lutz Advises Northern Data on Business Combination Agreement With Rumble

Gleiss Lutz advised Northern Data AG, and Latham & Watkins provided U.S. law advice to Northern Data, in connection with Rumble Inc.’s proposed business combination and intended tender offer for Northern Data. The transaction contemplates Rumble’s intention to launch a tender offer for 100% of the outstanding shares of Northern Data. Each Northern Data shareholder who tenders its shares would receive 2.0281 newly issued Rumble Class A common shares for each Northern Data share. The tender offer also provides for a potential cash payment to Northern Data shareholders who accept the tender offer, as well as to other shareholders who have agreed to sell their shares to Rumble, in an aggregate amount of up to USD 200 million. The transaction is expected to close in the second quarter of 2026, subject to the satisfaction of customary closing conditions and receipt of required regulatory approvals. Gleiss Lutz represented Northern Data AG with a team composed by: Dr. Stephan Aubel (partner, Corporate and Capital Markets Law, Frankfurt); Christian Schröder (partner, Corporate and Capital Markets Law, Frankfurt); Alexander Gebhardt (counsel, Corporate and Capital Markets Law, Frankfurt); Melanie Barwich (counsel, Corporate and Capital Markets Law, Frankfurt); Anne Görg (Corporate, Frankfurt); Dr. Walter Andert (Corporate and Capital Markets Law, Berlin); Dr. Jan-Alexander Lange (counsel, Banking & Finance, Frankfurt); Dr. Thomas Kulzer (counsel, Banking & Finance, Frankfurt); Dr. Birgit Colbus (counsel, Competition/Antitrust, Frankfurt); Dr. Jacob von Andreae (partner, Foreign Trade Law, Düsseldorf); Aylin Hoffs (counsel, Foreign Trade Law, Düsseldorf); Mathias Hahn (Foreign Trade Law, Düsseldorf). Latham & Watkins represented Northern Data on U.S. law matters with a team led by Robert M. Katz (New York). Northern Data in-house legal department represented Northern Data AG with a team composed by: Rudolf Haas (chief legal officer); Martin Rinscheid (deputy legal counsel); Mareile Müller-Felsch (head of legal); Konrad v. Buchwaldt (senior transaction counsel).

Gleiss Lutz Advises Northern Data on Business Combination Agreement With Rumble

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads