Monday, May 13, 2024

Equity Corporate Actions Alert #2024 - 232
Information Regarding the Business Combination of Screaming Eagle Acquisition Corp. (SCRM/W/U) and Lionsgate Studios Corp.

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

The business combination of Screaming Eagle Acquisition Corp. (SCRM/W/U) and Lionsgate Studios Corp. is expected to close today, May 13, 2024. As a result of the business combination, the ordinary shares, warrant, and unit of Screaming Eagle Acquisition Corp. (SCRM/W/U) will be suspended from trading. Subject to closing. The suspension details are as follows:

Company Name/Issue: Screaming Eagle Acquisition Corp. Ordinary Shares
CUSIP#: G79407105
Symbol: SCRM
Last Trading Date: May 13, 2024
Marketplace Effective Date for Suspension: May 14, 2024
Merger Consideration: One (1) Lionsgate Studios Corp. Common Share (LION) for each share held.
Company Name/Issue: Screaming Eagle Acquisition Corp. Warrant
CUSIP#: G79407121
Symbol: SCRMW
Last Trading Date: May 13, 2024
Marketplace Effective Date for Suspension: May 14, 2024
Merger Consideration: Each issued and outstanding Screaming Eagle Acquisition Corp. Warrant (SCRMW) will be automatically exchanged for $0.50 in cash pursuant to the amended warrant agreement.
Company Name/Issue: Screaming Eagle Acquisition Corp. Unit
CUSIP#: G79407113
Symbol: SCRMU
Last Trading Date: May 13, 2024
Marketplace Effective Date for Suspension: May 14, 2024
Merger Consideration: Unit will separate into its components.

As a result of the merger the combined company, Lionsgate Studios Corp., will be domiciled in British Columbia, Canada and its common shares will be listed on the Nasdaq Global Select Market. Subject to closing. The details are as follows:

Company Name/Issue: Lionsgate Studios Corp. Common Shares
CUSIP#: 53626M104
Symbol: LION
Marketplace Effective Date: May 14, 2024

If you would like to register as a market maker in LION contact Nasdaq Trading Services at +1 212 231 5100.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile