Redbox Entertainment Inc.

Redbox Entertainment Inc. (Nasdaq: RDBX) entered public markets through a merger with Seaport Global SPAC Corp, sponsored by Seaport Global, which closed in October 2021. Seaport Global SPAC Corp completed its IPO earlier in 2021, targeting the media and entertainment sector. Redbox, long recognized for its red DVD rental kiosks at grocery and convenience stores across the United States, carried a well-known consumer brand into the SPAC structure as the physical media rental industry faced mounting pressure from streaming services. The company filed for Chapter 11 bankruptcy protection in June 2023 and was subsequently delisted from Nasdaq. Sign up at SpacDesk for full filing history, status data, and deal analytics on RDBX and thousands of other SPAC transactions.