v3.24.1
Shareholders’ Equity (Tables)
 12 Months Ended
Dec. 31, 2023
Shareholders’ Equity [Abstract]  
Schedule of Common Stock Issued and Outstanding The following shares of common stock are issued and outstanding at:
   2023   2022 
   Number   Amount   Number   Amount 
                 
Class A Common Stock   114,926,700    741,410    111,467,763   $741,013 
Class C Common Stock   165,353,621    16,535    167,662,214    16,766 
Class D Common Stock   105,782,403    10,578    105,782,403    10,578 
                     
Balance   386,062,724    768,523    384,912,380   $768,357 
Schedule of the Company Among Its Shareholders for the Purpose of Winding-Up of its Affairs Subject to the Rights of the Preferred Shares The holders of shares of Class A Common Stock are entitled to one vote for each share of Class A Common Stock held at any meeting of shareholders of the Company. The holders of Class A Common Stock are entitled to receive dividends and other distributions declared or paid by the Company. The holders of Class A Common Stock are entitled to receive the remaining property of the Company upon liquidation, dissolution, or winding-up, whether voluntary or involuntary, and any other distribution of assets of the Company among its shareholders for the purpose of winding-up of its affairs subject to the rights of the preferred shares.
  

Number of

Class A

Common Stock

 
     
Balance December 31, 2022   111,467,763 
Issuance of Class A Common Stock in connection with Callin acquisition   981,243 
Issuance of Class A Common Stock upon vesting of stock awards, net share settlement on restricted stock units   195,832 
Issuance of Class A Common Stock in exchange for Class C Common Shares   2,308,593 
Holdback of Class A Common Stock for the repayment of domain name loan in connection with the acquisition of Locals Technology Inc.   (26,731)
Balance December 31, 2023   114,926,700 

  

Number of

Class A

Common Stock

 
     
Balance December 31, 2021   
-
 
Issuance of Class A Common Stock in exchange for Legacy Rumble Class A and B common shares   48,970,404 
Issuance of Class A Common Stock in exchange for Legacy Rumble warrants   14,153,048 
Issuance of Class A and B Common Stock in connection with the Qualifying Transaction   10,875,000 
Issuance of Class A Common Stock in exchange for CFVI Class B common shares   7,500,000 
Issuance of Class A Common Stock in connection with public shares   29,969,311 
Balance December 31, 2022   111,467,763 
  

Number of

Class C

Common Stock

 
     
Balance December 31, 2022   167,662,214 
Issuance of Class A Common Stock in exchange for Class C Common Shares   (2,308,593)
Balance December 31, 2023   165,353,621 
  

Number of

Class C

Common Stock

 
     
Balance December 31, 2021   
-
 
Issuance of C Common Stock in exchange for Legacy Rumble Class A and B common shares   168,762,214 
Repurchase of Class C Common Stock in the Key Individual Subscription Agreement   (1,100,000)
Balance December 31, 2022   167,662,214 
  

Number of

Class D

Common Stock

 
     
Balance December 31, 2021   
-
 
Issuance of Class D Common Stock in the Key Individual Subscription Agreement   105,782,403 
Balance December 31, 2022 and 2023   105,782,403