RUM Group to lift Northern Data stake to about 98%, plans squeeze-out for remaining shares

• RUM Group plans to lift its Northern Data stake to about 98% from 85.2% by acquiring additional shares.
• The shares are being obtained from Tether under an agreement that exchanges Northern Data stock for RUM Class A shares or pre-funded warrants.
• Tether reported an agreement to acquire 8,256,155 Northern Data shares on Sept. 2, with settlement expected ahead of an exchange around Sept. 30.
• RUM Group intends to acquire the remaining roughly 2% of Northern Data shares, targeting full ownership.
• The eventual price for the remaining shares may differ from Northern Data’s market price and from prices paid in bilateral trades.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RUM Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609101642PRIMZONEFULLFEED9824946) on September 10, 2026, and is solely responsible for the information contained therein.