munmunmia
2021-11-06
Yes
Redbox to Begin Trading After Completing SPAC Merger
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
1
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":842434223,"tweetId":"842434223","gmtCreate":1636214346909,"gmtModify":1636214346994,"author":{"id":4095515414548690,"idStr":"4095515414548690","authorId":4095515414548690,"authorIdStr":"4095515414548690","name":"munmunmia","avatar":"https://static.tigerbbs.com/a11cb33621caef472d7766143198dd0a","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":3,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Yes</p></body></html>","htmlText":"<html><head></head><body><p>Yes</p></body></html>","text":"Yes","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/842434223","repostId":1164119351,"repostType":2,"repost":{"id":"1164119351","kind":"news","pubTimestamp":1635118464,"share":"https://www.laohu8.com/m/news/1164119351?lang=&edition=full","pubTime":"2021-10-25 07:34","market":"us","language":"en","title":"Redbox to Begin Trading After Completing SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=1164119351","media":"TheStreet","summary":"Redbox will begin trading Monday on Nasdaq under the ticker RDBX after completing a SPAC merger with","content":"<p>Redbox will begin trading Monday on Nasdaq under the ticker RDBX after completing a SPAC merger with Seaport Global Acquisition.</p>\n<p>Redbox on Friday completed its SPAC merger with Seaport Global Acquisition Corp. (SGAM) and will begin trading Monday on Nasdaq under the ticker RDBX.</p>\n<p>Redbox's business combination with Seaport Global Acquisition was unanimously approved by the parties' boards of directors and Seaport's stockholders at a special meeting Wednesday, according to a company statement.</p>\n<p>The Oakbrook Terrace, Ill., movie and entertainment rental company, which has been controlled by private-equity firm Apollo Global Management, announced the SPAC transaction in May with an estimated enterprise value of $693 million.</p>\n<p>“Today marks the beginning of Redbox’s next chapter,” Redbox CEO Galen Smith said in a Friday statement. “Since revolutionizing the way Americans rent movies nearly two decades ago, Redbox has continuously evolved and expanded our reach – all while offering our millions of loyal customers exceptional value in home entertainment.</p>\n<p>\"Today, we are building on our legacy and reaffirming our commitment to delivering a wide range of choice and convenience for consumers, as well as value for our Redbox stakeholders,” Smith said.</p>\n<p>The transaction, which includes a fully committed $50 million PIPE led by Ophir Asset Management and backstop agreements, will provide Redbox $88 million in cash to be used to pay down existing debt, pay transaction costs and fees, fund future growth investments and for general corporate purposes.</p>\n<p>The final number of shares redeemed totaled 12,346,223. Redbox will have approximately 45.4 million shares outstanding, of which approximately 2 million shares will be immediately tradeable. The shares that will be purchased as part of the backstop agreements, along with the PIPE, will be registered for resale separately in the future.</p>\n<p>Redbox provides new-release movies and entertainment rentals through its kiosks and its streaming platform. In recent months, it reached several agreements to improve its business, according to the statement.</p>\n<p>It entered a multiyear distribution agreement with Lionsgate to distribute Redbox Entertainment titles, expanded the distribution footprint for its streaming app to the PlayStation 5 console and signed a promotional agreement with Roku to attract multi-platform users to the Redbox streaming app.</p>\n<p>Redbox also said it will add 20 free ad supported television channels to its streaming service and reached a distribution agreement with Vewd to preload the Redbox streaming app on new and existing Vewd-powered TVs and set-top boxes in the U.S.</p>\n<p>Shares of Seaport Global on Friday rose 7.6% to $10.35 in after-hours trading. The stock had plummeted by 25% in the regular session.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Redbox to Begin Trading After Completing SPAC Merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRedbox to Begin Trading After Completing SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 07:34 GMT+8 <a href=https://www.thestreet.com/investing/redbox-to-begin-trading-after-completing-spac-merger><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Redbox will begin trading Monday on Nasdaq under the ticker RDBX after completing a SPAC merger with Seaport Global Acquisition.\nRedbox on Friday completed its SPAC merger with Seaport Global ...</p>\n\n<a href=\"https://www.thestreet.com/investing/redbox-to-begin-trading-after-completing-spac-merger\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RDBX":"Redbox Entertainment Inc."},"source_url":"https://www.thestreet.com/investing/redbox-to-begin-trading-after-completing-spac-merger","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164119351","content_text":"Redbox will begin trading Monday on Nasdaq under the ticker RDBX after completing a SPAC merger with Seaport Global Acquisition.\nRedbox on Friday completed its SPAC merger with Seaport Global Acquisition Corp. (SGAM) and will begin trading Monday on Nasdaq under the ticker RDBX.\nRedbox's business combination with Seaport Global Acquisition was unanimously approved by the parties' boards of directors and Seaport's stockholders at a special meeting Wednesday, according to a company statement.\nThe Oakbrook Terrace, Ill., movie and entertainment rental company, which has been controlled by private-equity firm Apollo Global Management, announced the SPAC transaction in May with an estimated enterprise value of $693 million.\n“Today marks the beginning of Redbox’s next chapter,” Redbox CEO Galen Smith said in a Friday statement. “Since revolutionizing the way Americans rent movies nearly two decades ago, Redbox has continuously evolved and expanded our reach – all while offering our millions of loyal customers exceptional value in home entertainment.\n\"Today, we are building on our legacy and reaffirming our commitment to delivering a wide range of choice and convenience for consumers, as well as value for our Redbox stakeholders,” Smith said.\nThe transaction, which includes a fully committed $50 million PIPE led by Ophir Asset Management and backstop agreements, will provide Redbox $88 million in cash to be used to pay down existing debt, pay transaction costs and fees, fund future growth investments and for general corporate purposes.\nThe final number of shares redeemed totaled 12,346,223. Redbox will have approximately 45.4 million shares outstanding, of which approximately 2 million shares will be immediately tradeable. The shares that will be purchased as part of the backstop agreements, along with the PIPE, will be registered for resale separately in the future.\nRedbox provides new-release movies and entertainment rentals through its kiosks and its streaming platform. In recent months, it reached several agreements to improve its business, according to the statement.\nIt entered a multiyear distribution agreement with Lionsgate to distribute Redbox Entertainment titles, expanded the distribution footprint for its streaming app to the PlayStation 5 console and signed a promotional agreement with Roku to attract multi-platform users to the Redbox streaming app.\nRedbox also said it will add 20 free ad supported television channels to its streaming service and reached a distribution agreement with Vewd to preload the Redbox streaming app on new and existing Vewd-powered TVs and set-top boxes in the U.S.\nShares of Seaport Global on Friday rose 7.6% to $10.35 in after-hours trading. The stock had plummeted by 25% in the regular session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/842434223"}
精彩评论