Screaming Eagle Acquisition, the eighth SPAC led by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky and Eli Baker, closed its initial public offering of 75 million units at $10 each.
A unit consists of one share and one-third of a warrant. Units list on the Nasdaq under ticker symbol CRMU. After the securities begin separate trading, shares and warrants are expected to be listed under SCRM and SCRMW.
Screaming Eagle intends to capitalize on the ability of management to identify, acquire and operate a business or businesses that can benefit from the team’s established global relationships and operating experience. The team has extensive experience in identifying and executing strategic investments globally and has done so in a number of sectors, including media and entertainment. Read more.
