Seaport Global Acquisition Sets Vote Date on $693M Redbox Deal

Seaport Global Acquisition

Seaport Global Acquisition schedukled an Oct 20 shareholder meeting for a vote on the proposed merger with entertainment vendor Redbox. A proxy on the deal has been filed with the SEC.

The combined company would have an enterprise value of $693 million.

Announced in May, the transaction will be funded by $145 million of cash in the SPAC’s trust and a fully committed $50 million PIPE. Read more.

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