Tether Group Discloses 103.3M Rumble Class A Shares (32.6%)

Rhea-AI Filing Summary

This amendment to a Schedule 13D relates to Rumble Inc.'s Class A common stock and is filed by Tether Holdings, Tether Investments and Giancarlo Devasini (the "Reporting Persons"). The Reporting Persons state beneficial ownership of 103,333,333 shares of Class A Common Stock, representing 32.6% of that class, and report shared voting and shared dispositive power for those shares with no sole voting or dispositive power. The amendment incorporates by reference a press release of the issuer filed as Exhibit 99.4 and otherwise leaves the underlying Schedule 13D unchanged.

Insights

Financial Analyst

TL;DR: Reporting Persons disclose a large, 32.6% beneficial stake in Rumble's Class A shares, signaling material influence.

The filing shows the Reporting Persons collectively beneficially own 103,333,333 Class A shares, with shared voting and dispositive power and zero sole power. That level of ownership is material to capital structure and control considerations because it represents roughly one-third of the class. The amendment itself mainly adds a reference to a press release filed as Exhibit 99.4 and does not modify other disclosures in the prior Schedule 13D.

Corporate Governance Expert

TL;DR: A single group reports shared control of 32.6% of Class A stock, a material disclosure for governance and voting dynamics.

From a governance perspective, the reported shared voting power over 103,333,333 shares is significant for board and shareholder voting outcomes. The filing identifies the reporting entities and an individual as the parties coordinating this position, and it files an exhibit referencing the issuer's press release. The amendment does not add new contractual arrangements in this document; it supplements Item 4 by incorporating the press release.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Rumble Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

78137L105

(CUSIP Number)

Tether Holdings, S.A. de C.V.
Final Av. La Revolucion, Edif. Centro, Corporativo Presidente Plaza, Nivel 12
San Salvador, H3, 00000
4420 4621 1793

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/10/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 78137L105

1

Name of reporting person

Tether Holdings, S.A. de C.V.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

EL SALVADOR

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 103,333,333.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 103,333,333.00

11

Aggregate amount beneficially owned by each reporting person

103,333,333.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

32.6 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP No. 78137L105

1

Name of reporting person

Tether Investments, S.A. de C.V.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

EL SALVADOR

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 103,333,333.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 103,333,333.00

11

Aggregate amount beneficially owned by each reporting person

103,333,333.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

32.6 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP No. 78137L105

1

Name of reporting person

Giancarlo Devasini

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ITALY

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 103,333,333.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 103,333,333.00

11

Aggregate amount beneficially owned by each reporting person

103,333,333.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

32.6 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Common Stock, par value $0.0001 per share
(b)	Name of Issuer: Rumble Inc.
(c)	Address of Issuer's Principal Executive Offices: 444 Gulf of Mexico Dr, Longboat Key, FLORIDA , 34228.
Item 1 Comment: This statement on Schedule 13D amends the Schedule 13D of Tether Holdings, S.A. de C.V., an El Salvador entity, Tether Investments, S.A. de C.V., an El Salvador entity, and Giancarlo Devasini (collectively, the "Reporting Persons") that was originally filed with the Securities and Exchange Commission (the "SEC") on February 7, 2025 (as amended, the "Schedule 13D") with respect to the Class A Common Stock, par value $0.0001 per share ("Class A Common Stock") of Rumble Inc., a Delaware corporation (the "Issuer"). This amendment to the Schedule 13D is being filed by the Reporting Persons and constitutes Amendment No. 1 to the Schedule 13D. Capitalized terms used but not defined herein have the meanings given to such terms in the Schedule 13D. Except as set forth herein, the Schedule 13D is unmodified.
Item 4.	Purpose of Transaction
	See the Schedule 13D, as amended, for historical information. Item 4 is amended and supplemented as follows: On August 10, 2025, the Issuer issued a press release, which is filed herewith as Exhibit 99.4 and is incorproated herein by reference.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	See the Schedule 13D, as amended, for historical information. The information set forth in Item 4 of this Schedule 13D is incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	Schedule A Executive Officers and Directors 99.1 Agreement of filing persons relating to filing of joint statement per Rule 13d-1(k). 99.4 Rumble Inc. Press Release dated August 10, 2025.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Tether Holdings, S.A. de C.V.

Signature:	/s/ Giancarlo Devasini
Name/Title:	Name: Giancarlo Devasini, Title: President
Date:	08/11/2025

Tether Investments, S.A. de C.V.

Signature:	/s/ Giancarlo Devasini
Name/Title:	Name: Giancarlo Devasini, Title: Sole Administrator
Date:	08/11/2025

Giancarlo Devasini

Signature:	/s/ Giancarlo Devasini
Name/Title:	Giancarlo Devasini, individually
Date:	08/11/2025