Redbox Entertainment Inc.

Seaport Global Acquisition Corp (Nasdaq: SGAM), sponsored by Seaport Global Holdings, completed its business combination with Redbox Entertainment Inc. following a deal announcement on May 17, 2021. The blank-check company, which conducted its IPO in 2021, targeted the media and entertainment sector, with Redbox operating one of the largest networks of DVD and Blu-ray rental kiosks in the United States while also expanding into digital streaming services. The transaction closed, taking Redbox public on Nasdaq as a combined entity. The company subsequently encountered severe financial pressure and filed for bankruptcy protection in mid-2022. Investors and analysts seeking full filing history, deal terms, and ownership data for SGAM can access the complete profile by signing up at SpacDesk.

SPAC Counterparty (1)