Redbox Entertainment Inc.

Redbox Entertainment Inc., trading under the ticker RDBX on the Nasdaq, became a public company in October 2021 through a merger with Seaport Global SPAC Corp., a blank-check vehicle sponsored by Seaport Global Holdings. The SPAC completed its IPO in early 2021 and targeted the consumer entertainment and media sector. Redbox, best known for its ubiquitous DVD rental kiosks, was also expanding into digital streaming and original content at the time of the merger. By mid-2022 the company faced significant financial pressure, and in August 2022 Chicken Soup for the Soul Entertainment completed an acquisition of the business, effectively ending Redbox's independent public-company tenure. Sign up for full data, filings, and deal analytics on SpacDesk.