- TRADESTATION PROMOTIONAL CODE CODE
- TRADESTATION PROMOTIONAL CODE TV
- TRADESTATION PROMOTIONAL CODE WINDOWS
BTIG, LLC acted as lead financial advisor and capital markets advisor to Redbox. Riley Securities acted as capital markets advisor to Seaport Global Acquisition and lead placement agent on the PIPE. 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.ī. As a result, Redbox will have approximately 45.4 million shares outstanding, of which approximately 2.0 million shares will be immediately tradeable. The final number of shares redeemed totaled 12,346,223. Redbox intends to use the funds from the transaction to pay down existing debt, pay transaction costs and fees, fund future growth investments, and for general corporate purposes. The transaction, combined with a fully committed PIPE of $50 million led by Ophir Asset Management and backstop agreements with certain funds announced on October 11, 2021, will provide Redbox with approximately $88 million in cash. The business combination was unanimously approved by the parties' Boards of Directors, and approved by Seaport Global Acquisition's stockholders at a special meeting on October 20, 2021.
TRADESTATION PROMOTIONAL CODE TV
Signed a distribution agreement with Vewd – one of the world's largest providers of OTT and hybrid TV solutions – to pre-load the Redbox streaming app on new and existing Vewd powered TVs and set-top boxes in the US.
TRADESTATION PROMOTIONAL CODE CODE
Through mid-2022, consumers will receive a $5 streaming code on Roku players sold exclusively at Walmart.Īnnounced it will add over 20 Free Ad Supported Television (FAST) channels to its streaming service including live local news, Spanish language, and kids programming, bringing the total number of channels available to over 100. Signed a promotional agreement with Roku® to further attract multi-platform users to the Redbox streaming app.
TRADESTATION PROMOTIONAL CODE WINDOWS
Redbox Continues to Generate Strong MomentumĮntered into a multiyear distribution agreement with Lionsgate, under which Lionsgate will distribute Redbox Entertainment™ titles across home entertainment windows in addition to subscription video on demand (SVOD) licensing for select titles under the Redbox Entertainment brand.Įxpanded the distribution footprint for its streaming app to the PlayStation 5 console, allowing consumers to stream thousands of Ad Supported Video on Demand (AVOD) movies and TV shows, as well as over one hundred Free Ad Supported TV (FAST) channels. We are eager to capture the significant and growing opportunities ahead, take our business to the next level and achieve profitable growth for Redbox shareholders." Through this transaction, and the incremental capital it provides, Redbox is equipped to advance our goal of creating a one stop experience that spans multiple entertainment mediums and simplifies the streaming experience. Smith continued, "As a public company, we plan to continue our strong momentum and accelerate our digital transformation. 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." "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. "Today marks the beginning of Redbox's next chapter," said Galen Smith, CEO of Redbox. As a result of the merger, the entity will be known as "Redbox Entertainment Inc." Redbox's common stock and warrants are expected to begin trading on NASDAQ on Monday, October 25, 2021, under the ticker symbols "RDBX and "RDBXW," respectively.
(NASDAQ: SGAM) ("Seaport Global Acquisition"), a publicly traded special purpose acquisition company.
Redbox (NASDAQ: RDBX), America's destination for affordable new-release movies and entertainment, announced today that it has completed its previously announced business combination with Seaport Global Acquisition Corp.
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