$RUM (RUM GROUP) — 8-K: RUM Group to lift Northern Data stake from 85.2% to about 98%

RUM Group expects to acquire additional Northern Data shares from Tether under the existing Transaction Support Agreement, increasing its ownership from 85.2% to approximately 98%. Tether reported on September 2, 2026 that it agreed to acquire 8,256,155 Northern Data shares, with settlement expected in time for an exchange against newly issued pre-funded warrants on or about September 30, 2026. RUM Group also delivered notice to Northern Data of its intent to commence squeeze-out proceedings for the remaining approximately 2% under the German Stock Corporation Act. The announcement follows a previously disclosed $13.7 billion GPU services agreement for the Maysville, GA site.

RUM Group expects to acquire additional Northern Data shares from Tether under the existing Transaction Support Agreement, increasing its ownership from 85.2% to approximately 98%. Tether reported on