RUM Group Inc. Announces Increase in Northern Data Stake to ~98%

What Happened RUM Group Inc. announced on September 10, 2026 (via a press release filed on Form 8‑K) that it expects to acquire additional outstanding shares of Northern Data AG pursuant to its Transaction Support Agreement with Tether Investments, S.A. de C.V. The planned transaction, expected to close on or about September 30, 2026, would increase RUM’s total ownership of Northern Data AG to approximately 98%.

Key Details

• Transaction Support Agreement originally dated November 10, 2025, between RUM Group and Tether Investments, S.A. de C.V.
• Press release announcing the expected share acquisition was issued September 10, 2026 and filed as Exhibit 99.1 to the Form 8‑K.
• Expected timing: on or about September 30, 2026 for completion of the additional share purchases.
• Resulting ownership: approximately 98% of Northern Data AG following the acquisition; RUM will file a separate Form 8‑K upon completion.

Why It Matters Raising ownership to roughly 98% gives RUM near‑control of Northern Data AG, which can affect RUM’s consolidated financial reporting, governance and strategic direction of the acquired business. Investors should watch for the follow‑up Form 8‑K confirming closing and for any subsequent disclosures about purchase consideration, accounting treatment, operational integration or impacts on RUM’s financial results.