Seaport Global Acquisition Corp - Ordinary Shares - Class A

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Mergers / Acquisitions

Redbox To Become Publicly Traded Company Through Business Combination With Seaport Global Acquisition Corp.

Published: 05/17/2021 12:30 GMT
Seaport Global Acquisition Corp - Ordinary Shares - Class A (SGAM) - Redbox to Become Publicly Traded Company Through Business Combination With Seaport Global Acquisition Corp.
Seaport Global Acquisition Corp - Transaction Will Result in Redbox Becoming a Publicly Traded Company With an Enterprise Value of $693 Million.
Seaport Global Acquisition Corp - Upon Closing, Redbox's Common Stock is Expected to Trade on Nasdaq Under Ticker Symbol Rdbx.
Seaport Global Acquisition Corp - Apollo Funds to Roll 100% of Their Existing Equity Stake.
Seaport Global Acquisition Corp - Upon Closing, Redbox's Common Stock is Expected to Trade on Nasdaq Under Ticker Symbol Rdbx.
Seaport Global Acquisition Corp - As Part of Transaction, All Existing Shareholders Will Roll 100% of Their Equity in Redbox.
Seaport Global Acquisition Corp - Upon Close of Combination, Existing Shareholders Will Hold About 59% of Outstanding Common Stock.
Seaport Global Acquisition Corp - Deal Includes $50 Million Pipe Commitment From Investors Led by Ophir Asset Management.
Seaport Global Acquisition Corp - Following Completion of Transaction, Galen Smith Will Continue to Lead Co Along With Existing Management Team.