Rumble Inc. entered into a letter of intent to acquire CF Acquisition Corp. VI (NasdaqCM:CFVI) from CFAC Holdings VI, LLC, Beryl Capital Management LLC and others in a reverse merger transaction on October 23, 2021. Rumble Inc. entered into an agreement to acquire CF Acquisition Corp. VI (NasdaqCM:CFVI) from CFAC Holdings VI, LLC, Beryl Capital Management LLC and others in a reverse merger transaction on December 1, 2021. The transaction values Rumble at an initial enterprise value of $2.1 billion, with current Rumble shareholders having the ability to earn additional shares of the combined company if the stock reaches price hurdles of $15 and $17 per share. For each share of Rumble capital stock held by eligible electing Canadian shareholders of Rumble, Electing Shareholder will receive a number of exchangeable shares in an indirect, wholly owned Canadian subsidiary of CF VI equal to quotient obtained by dividing Price Per Company Share by $10.00, and such Electing Shareholders shall concurrently subscribe for nominal value for a corresponding number of shares of CF VI Class C common stock, a new class of voting, non-economic shares of common stock of CF VI to be created and issued in connection with Closing. For each share of Rumble capital stock held by all other shareholders of Rumble, such Non-Electing Shareholder will receive a number of shares of CF VI Class A common stock, equal to CF Exchange Ratio. Arrangement Consideration means sum of $3,150,000,000, plus cash and cash equivalents balance held by Rumble as of Closing (net of outstanding indebtedness), plus aggregate exercise price of all outstanding options to purchase Rumble stock. Aggregate purchase price is of $1.0 million. In connection with Closing, Seller Escrow Shares (or, in the case of the holders of Rumble Options, options to purchase Tandem Option Earnout Shares) will be issued to Rumble Shareholders and the holder of Rumble Warrant (or, as applicable, issued in respect of Exchanged Rumble Options), subject to certain restrictions and potential forfeiture pending the achievement (if any) of certain targets as further set forth in Agreement. Transaction is expected to provide approximately $400 million in proceeds to Rumble, including a fully committed PIPE of $100 million at $10 per share and $300 million of cash held in the trust account of CF Acquisition. Upon the closing of the transaction, Chris Pavlovski, the Founder and Chief Executive Officer of Rumble, will retain voting control to facilitate execution of Rumble's neutral mission on behalf of all stakeholders. After closing, the combined company will be called Rumble Inc. and expects to be publicly listed on Nasdaq. Nancy Armstrong to serve on the board of directors of merged entity after the closing of definitive business combination agreement.

Transaction is subject to approval of the stockholders of each of CF Acquisition and Rumble, granting of the interim order by the Court providing for, among other things, Rumble shareholder meeting, granting of approval of the final order by Court, all specified governmental and regulatory approvals and all waiting or other periods have been obtained or have expired or been terminated, as applicable, effectiveness of the Registration Statement, shares of Class A Common Stock to be issued in Transactions having been approved for listing on Nasdaq or the NYSE subject to round lot holder requirements, CF VI having a minimum of $5,000,001 of net tangible assets upon Closing (after giving effect to any Redemptions and any PIPE Investments, Rumble has obtained executed Shareholder Support Agreements and Lock-Up Agreements from requisite Rumble securityholders, Available Cash being at least $125 million and other customary closing conditions. The Rumble stockholders have agreed to support the transaction. The Board of Directors of each of Rumble and CF Acquisition have unanimously approved the transaction. The parties each filed their respective Pre -Merger Notification and Report Form pursuant to the HSR Act with the Antitrust Division and the FTC on December 29, 2021, and the waiting period expired on January 28, 2022. The Securities and Exchange Commission has declared effective the registration Statement on Form S-4 in connection with their proposed business combination. CFVI will hold a special meeting of its stockholders on September 15, 2022. As of September 15, 2022, the shareholders of CFVI approved the deal. The transaction is expected to close in the second quarter of 2022. As of May 13, 2022, the transaction is expected to close in the third quarter of 2022. As of August 24, 2022, Rumble and CF VI agreed to extend the Agreement End Date from August 29, 2022, to October 31, 2022. The deal is expected to close on September 16, 2022.

Stephen Merkel of Cantor Fitzgerald & Co. acted as financial advisor and due diligence provider and Ken Lefkowitz, Gary J. Simon, Michael Traube, Javad Husain, Andy Braiterman, Alan Kravitz, Ken Lefkowitz, Seth Rothman, Charlie Wachsstock, Jim Klaiber, Richard Koehl, Kenyen Brown, Philip Giordano, Rita Haeusler, Bill Kolasky, Bryan Sillaman, Ryan Fayhee, M. Shams Billah, Barbara Champoux, Drew Bader and Jason Lee of Hughes Hubbard & Reed LLP and Gordon Cameron and Matthew Hunt of Bennett Jones LLP acted as legal advisors to CF Acquisition. Guggenheim Securities, LLC acted as financial advisor and Russell Leaf and Sean Ewen of Willkie Farr & Gallagher LLP and Noam Goodman and Russel Drew of DLA Piper (Canada) LLP acted as legal advisors to Rumble. Morrow & Co., LLC acted as proxy solicitor and Mark Zimkind of Continental Stock Transfer & Trust Company acted as transfer agent and registrar to CFVI. Morrow & Co., LLC will receive a fee of $35,000, plus disbursements of its expenses in connection with its services. Pursuant to the M&A Engagement Letter, Cantor Fitzgerald & Co. will be entitled to a cash fee of $15 million payable upon consummation of the Business Combination. Ellenoff Grossman & Schole LLP acted as legal advisor to CFVI.

Rumble Inc. completed the acquisition of CF Acquisition Corp. VI (NasdaqCM:CFVI) from CFAC Holdings VI, LLC, Beryl Capital Management LLC and others in a reverse merger transaction on September 16, 2022. The combined company will operate as Rumble Inc. going forward and its common shares and warrants are expected to begin trading on the NASDAQ Stock Exchange under the ticker symbols “RUM” and “RUMBW” respectively, beginning on Monday, September 19, 2022.