Seaport Global Acquisition Corp. Announces Share Redemption Backstop in Connection with Redbox Business Combination

Author's Avatar
Oct 12, 2021

Seaport Global Acquisition Corp. (NASDAQ: SGAM) ("Seaport Global Acquisition Corp"), a publicly traded special purpose acquisition company, announced today that it has entered into backstop subscription agreements in connection with its proposed business combination with Redbox, America's destination for affordable new-release movies and entertainment.