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Rumble Welcomes PublicSquare to Cloud Platform

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Rumble, a video-sharing and cloud services platform (Nasdaq: RUM), announced that PublicSquare (NYSE: PSQH), a leading commerce and payments ecosystem, plans to migrate its Marketplace segment to Rumble Cloud. This partnership aims to create an 'uncancellable' ecosystem by aligning with value-driven businesses.

Chris Pavlovski, CEO of Rumble, expressed excitement about the collaboration, emphasizing the fit between the two companies. Michael Seifert, CEO of PublicSquare, highlighted the move as a step towards ensuring long-term success and growth for the parallel economy.

Rumble aims to restore a free and open internet, while PublicSquare helps consumers align purchases with their values through its Marketplace, Financial Technology, and Brands segments.

Positive
  • PublicSquare's migration to Rumble Cloud can lead to an increased user base and revenue for Rumble.
  • The partnership reinforces Rumble's mission to create an independent, uncancellable infrastructure.
  • Alignment with value-driven businesses like PublicSquare may attract more users and partners to Rumble's ecosystem.
Negative
  • The reliance on value-driven partnerships could limit the diversity of potential partnerships for Rumble.
  • Migration involves technical and operational risks that might impact both companies if not handled efficiently.

The Nation’s Top Patriotic Marketplace Announces Intent to Break Free from Big Tech by Joining Rumble Cloud

LONGBOAT KEY, Fla., June 17, 2024 (GLOBE NEWSWIRE) --  Rumble Inc., (Nasdaq: RUM) (“Rumble”), the video-sharing platform and cloud services provider, announced today that PSQ Holdings, Inc. or PublicSquare (NYSE: PSQH), America’s leading commerce and payments ecosystem that values freedom and supports the parallel economy, intends to migrate its Marketplace segment to the Rumble Cloud platform.

Chris Pavlovski, Chairman and Chief Executive Officer of Rumble, commented, “I am excited that PublicSquare has decided to join Rumble on its mission to break the shackles of Big Tech and migrate its burgeoning Marketplace segment to Rumble Cloud. I am confident that our solution will be a great fit, and we look forward to a fruitful future together. We built Rumble Cloud to empower all content creators and businesses with the products and services they need to succeed, and the PublicSquare Marketplace represents the perfect partner.”

Michael Seifert, Chairman and Chief Executive Officer of PublicSquare, commented, “I am pleased to share that we intend to migrate the PublicSquare Marketplace to the Rumble Cloud Platform. One of the main tenets of success integral to the long-term health of the parallel economy is creating an uncancellable ecosystem. By partnering with values-aligned businesses like Rumble, we are taking an important step to protect our Marketplace. We are enthusiastic about what the future holds for our partnership and what it means for the growth of the parallel economy.”

About Rumble
Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble's mission is to restore the internet to its roots by making it free and open once again. For more information, visit corp.rumble.com.

About Public Square
PublicSquare is America's leading commerce and payments ecosystem that serves customers and businesses that value life, family, and freedom. PublicSquare operates under three segments: Marketplace, Financial Technology, and Brands. The primary mission of the Marketplace segment is to help consumers "shop their values" and put purpose behind their purchases. PublicSquare leverages data and insights from the Marketplace to assess its customers’ needs and provide wholly-owned quality financial products and brands. PublicSquare’s Financial Technology segment consists of Credova, a consumer financing and payments company. PublicSquare’s Brands segment consists of D2C companies, such as EveryLife, a premium life-affirming baby products company, as well as business services, such as PSQ Link. The PublicSquare Marketplace is free to join for both consumers and business owners. To learn more, download the app on the App Store or Google Play, or visit PublicSquare.com.

Contact: press@rumble.com


FAQ

What is the significance of PublicSquare migrating to Rumble Cloud?

PublicSquare's migration to Rumble Cloud aims to create an 'uncancellable' business ecosystem, strengthening both companies' positions in the parallel economy.

How does PublicSquare's move to Rumble Cloud impact RUM stock?

The migration could potentially increase Rumble's user base and revenue, positively impacting RUM stock.

When did Rumble announce PublicSquare's migration to its Cloud platform?

Rumble announced the migration on June 17, 2024.

What are the key benefits of PublicSquare joining Rumble Cloud?

Key benefits include creating an uncancellable ecosystem and aligning with value-driven businesses, enhancing the growth of the parallel economy.

Why is the alignment with PublicSquare important for Rumble?

The alignment is important because it supports Rumble's mission to restore a free and open internet and reinforces its independent infrastructure.

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