SCRM SEC filings, in plain English
Everything Screaming Eagle Acquisition Corp. has filed with the SEC that we hold — 40 filings, newest first, 8 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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- What changed vs 2023-11-09trust $785.6M → $804.2M +2%deadline 2024-01-10 → 2024-06-15going concern RESOLVED
trust account, combination deadline, going-concern doubt +33 moved · 3 with no prior record of ours
- Trust account
- $785.6M$804.2M
- Combination deadline
- 2024-01-102024-06-15
- Going-concern doubt
- statednot stated
- Sponsor loans outstanding
- $300K · unchanged
- Mandate language
- we may pursue an initial business combination opportunity in… · unchanged
- Redeemable shares
- 75.0M · unchanged
SpacBrain reads this as $18,675,192 was added to the trust between the two filings.
The clause …“78,082 158,142 Total current assets 515,245 1,157,294 Cash / investments held in Trust Account 804,228,813 794,750,266 Total assets $ 804,744,058 $ 795,907,560 LIABILITIES AND SHAREHOLDERS’ DEFICIT: Current liabilities: Accounts”…
SpacBrain reads this as 157 days later than the previous record.
The clause …“to liquidate after June 15, 2024. Management plans to consummate an initial business combination prior to June 15, 2024, however there can be no assurance that one will be completed. COMMITMENTS AND CONTRACTUAL OBLIGATIONS We do not”…
SpacBrain reads this as the substantial-doubt sentence is in the previous filing and not in this one.
The clause …“completion of the Initial Public Offering. As of December 31, 2021, there was $ 300,000 outstanding under the Promissory Note. On January 11, 2022, the amount outstanding under the Promissory Note was repaid in full, and borrowings”…
The clause …“value; 400,000,000 shares authorized; no ne issued or outstanding (excluding 75,000,000 shares subject to possible redemption) — — Class B ordinary shares, $ 0.0001 par value; 80,000,000 shares authorized; 18,750,000 and 18,750,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. called an extraordinary general meeting for May 7, 2024 at 10:30 a.m. Eastern Time plus a separate public warrantholders meeting on its Lions Gate business combination, under an agreement amended April 11, 2024. Each SEAC Public Warrant is exchanged for $0.50 in cash subject to warrantholder approval. The Stock Issuance Proposal covers up to 23,091,217 Pubco Common Shares and 2,018,951 Newly Issued Reduction Right Shares to PIPE Investors, plus up to 253,435,794 Pubco Common Shares to Studio HoldCo, a Lions Gate Parent subsidiary. Why it matters: The 253,435,794 shares going to Studio HoldCo against roughly 25 million to PIPE investors shows how completely Lions Gate takes the combined company — SCRM public holders end up with a small minority. The $0.50 cash for each public warrant is a real, certain payment and removes the usual warrant overhang, but it also extinguishes any upside those warrants carried. The sponsor's open-market warrant purchase commitment supports the price into the vote.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-07-31 · unchanged
The clause …“of any of the following: if the Closing has not occurred prior to the Outside Date, which can be extended to July 31, 2024 by SEAC or Lions Gate Parent subject to the conditions in the Business Combination Agreement); by SEAC”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. ('SEAC', a Cayman Islands exempted company) filed Amendment No. 5 to its Form S-4; the preliminary proxy statement/prospectus inside is dated April 12, 2024. No explanatory note names the change. It registers 19,185,223 COMMON SHARES of SEAC II Corp., which after its continuation and domestication as a BRITISH COLUMBIA company and the Arrangement will be renamed LIONSGATE STUDIOS CORP. The document convenes two separate meetings: an extraordinary general meeting of SEAC shareholders and one of SEAC public warrantholders. Why it matters: Public warrantholders get their own meeting and their own vote here, which is unusual and means the warrant terms are being amended by warrantholder approval rather than carried over unchanged — a warrantholder's position is decided at a separate meeting from the shareholders'. The registered count in this version is 19,185,223 common shares, higher than the figure carried in the four preceding amendments of this registration statement, so the number is version-specific.
outside date1 moved
- Outside date
- 2024-06-152024-07-31
SpacBrain reads this as 46 days later than the previous record.
The clause …“of any of the following: if the Closing has not occurred prior to the Outside Date, which can be extended to July 31, 2024 by SEAC or Lions Gate Parent subject to the conditions in the Business Combination Agreement); by SEAC”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. called an EGM for April 9, 2024 at noon ET at the offices of White & Case LLP in New York on articles amendment proposals including an extension. It signed a combination agreement on December 22, 2023 with Lions Gate Entertainment Corp., a British Columbia target and SEAC II Corp. The trust held about $802.2 million on the record date, giving an estimated per-share redemption price of about $10.70, against a Nasdaq closing price of $10.67 for the Class A shares on that date. Working capital withdrawals from trust are limited to $3,000,000 in aggregate. Why it matters: An $802.2 million trust is one of the largest still intact at an extension vote, and at approximately $10.70 per share against a $10.67 market price the shares trade three cents below trust value, so redemption is a near-riskless exit available regardless of how a holder votes. The $3,000,000 aggregate cap on working capital withdrawals protects the per-share floor from being eroded by operating costs. The Lionsgate transaction is a rare case of a large operating business coming to a SPAC with its trust still full, so remaining holders are not choosing between cash and an empty shell.
outside date1 moved
- Outside date
- 2024-07-312024-06-15
SpacBrain reads this as 46 days earlier than the previous record.
The clause …“(an initial business combination) from April 10, 2024 (the Current Outside Date) to June 15, 2024 (the Extended Date), unless the closing of an initial business combination should have occurred prior thereto and (ii)”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. ('SEAC', a Cayman Islands exempted company) filed Amendment No. 4 to its Form S-4; the preliminary proxy statement/prospectus inside is dated March 22, 2024. No explanatory note names the change. It registers 18,365,140 common shares of SEAC II Corp., which after continuation and domestication as a British Columbia company and the Arrangement will be renamed Lionsgate Studios Corp. The document convenes two separate extraordinary general meetings — one of SEAC shareholders and one of SEAC PUBLIC WARRANTHOLDERS — with dates and times left blank. Why it matters: The registered ceiling in this version is 18,365,140 common shares, the figure carried across the first four amendments of this registration statement. Public warrantholders vote at their own meeting, separate from shareholders, so warrant terms are subject to a distinct approval. The surviving company will be a British Columbia company. No meeting date is fixed.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-07-31 · unchanged
The clause …“of any of the following: if the Closing has not occurred prior to the Outside Date, which can be extended to July 31, 2024 by SEAC or Lions Gate Parent subject to the conditions in the Business Combination Agreement); by SEAC”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. ('SEAC', a Cayman Islands exempted company) filed Amendment No. 3 to its Form S-4; the preliminary proxy statement/prospectus inside is dated March 15, 2024. No explanatory note names the change. It registers 18,365,140 common shares of SEAC II Corp., to be renamed Lionsgate Studios Corp. after continuation and domestication as a British Columbia company and the Arrangement. Two separate extraordinary general meetings are convened — one of SEAC shareholders, one of SEAC public warrantholders — with dates and times left blank. Why it matters: The 18,365,140-share registered ceiling is unchanged from the preceding amendments. The separate warrantholder meeting means public warrantholders have their own vote on the terms affecting their warrants. No meeting date is fixed by this version.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-07-31 · unchanged
The clause …“of any of the following: if the Closing has not occurred prior to the Outside Date, which can be extended to July 31, 2024 by SEAC or Lions Gate Parent subject to the conditions in the Business Combination Agreement); by SEAC”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. ('SEAC', a Cayman Islands exempted company) filed Amendment No. 2 to its Form S-4; the preliminary proxy statement/prospectus inside is dated March 8, 2024. No explanatory note names the change. It registers 18,365,140 common shares of SEAC II Corp., to be renamed Lionsgate Studios Corp. after continuation and domestication as a British Columbia company and the Arrangement. Two separate extraordinary general meetings are convened — of SEAC shareholders and of SEAC public warrantholders — with dates and times left blank. Why it matters: The registered ceiling of 18,365,140 common shares holds from the first amendment through this one. Public warrantholders vote separately from shareholders. No meeting date is set, so this version fixes no deadline.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-07-31 · unchanged
The clause …“of any of the following: • if the Closing has not occurred prior to the Outside Date, which can be extended to July 31, 2024 by SEAC or Lions Gate Parent subject to the conditions in the Business Combination Agreement); 130 Table”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2023-03-01trust $759.7M → $794.8M +5%
trust account, combination deadline, going-concern doubt +31 moved · 5 with no prior record of ours
- Trust account
- $759.7M$794.8M
- Combination deadline
- 2024-04-10 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $300K · unchanged
- Mandate language
- we may pursue an initial business combination opportunity in… · unchanged
- Redeemable shares
- 75.0M · unchanged
SpacBrain reads this as $35,037,324 was added to the trust between the two filings.
The clause …“had an unrestricted cash balance of $999,152 as well as cash and investments held in the Trust Account of $794,750,266. Further, we expect to incur significant costs in the pursuit of our initial business combination. We cannot assure”…
The clause …“required to liquidate after April 10, 2024. Management plans to consummate a Business Combination prior to April 10, 2024, however there can be no assurance that one will be completed. F-9 Table of Contents Note 2-Summary of”…
The clause …“12 months away, there is substantial doubt that the Company will operate as a going concern. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans regarding these matters”…
The clause …“completion of the initial public offering. As of December 31, 2021, there was $ 300,000 outstanding under the Promissory Note. On January 11, 2022, the amount outstanding under the Promissory Note was repaid in full, and borrowings”…
The clause …“value; 400,000,000 shares authorized; no ne issued or outstanding (excluding 75,000,000 shares subject to possible redemption) as of December 31, 2023 and 2022 — — Class B ordinary shares, $ 0.0001 par value; 80,000,000 shares”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. ('SEAC', a Cayman Islands exempted company) filed Amendment No. 1 to its Form S-4; the preliminary proxy statement/prospectus inside is dated February 9, 2024. No explanatory note names the change. It registers 18,365,140 common shares of SEAC II Corp., which after its continuation and domestication as a British Columbia company and the Arrangement will be renamed Lionsgate Studios Corp. The document convenes two separate extraordinary general meetings — one of SEAC shareholders and one of SEAC public warrantholders — with dates and times left blank. Why it matters: The registered ceiling of 18,365,140 common shares is set at this first amendment and holds through three further amendments before moving. Public warrantholders are convened at their own meeting, so the warrant terms are put to a separate constituency rather than carried over automatically. The surviving public company will be a British Columbia company, so its shareholders' rights will be governed by British Columbia law rather than Cayman or Delaware law. No meeting date is fixed.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- 2024-07-31 · unchanged
The clause …“of any of the following: • if the Closing has not occurred prior to the Outside Date, which can be extended to July 31, 2024 by SEAC or Lions Gate Parent subject to the conditions in the Business Combination Agreement); 126 Table”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Screaming Eagle Acquisition Corp. ('SEAC', a Cayman Islands exempted company) filed its original Form S-4; the preliminary proxy statement/prospectus inside is dated January 5, 2024. It registers 18,365,140 common shares of SEAC II Corp., which after its continuation and domestication as a BRITISH COLUMBIA company and the Arrangement will be renamed Lionsgate Studios Corp. Two separate meetings are convened — an extraordinary general meeting of SEAC shareholders and one of SEAC public warrantholders — both at the offices of White & Case LLP in New York, dates blank. Why it matters: This is the baseline of the SEAC / Lionsgate Studios registration and it establishes both the registered ceiling of 18,365,140 common shares — unchanged through the next three amendments — and the two-constituency approval structure. Public warrantholders get their own meeting and their own vote, which means the warrant terms require warrantholder approval rather than passing through automatically. The surviving public company will be a British Columbia company, so post-closing shareholder rights are governed by British Columbia law rather than Cayman or Delaware law. No meeting date is fixed.
outside datenothing moved · 1 with no prior record of ours
- Outside date
- not previously extracted2024-07-31
SpacBrain reads this as the agreement may be terminated from 2024-07-31.
The clause …“then SEAC or LG Parent may, by written notice to the other, extend the Outside Date from such date to July 31, 2024, which shall then be the Outside Date for all purposes under this Agreement; provided , however , that this”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
pipenothing moved · 1 with no prior record of ours
- PIPE
- not previously extracted$350.0M
The clause …“publicly-traded entity, the transaction is expected to deliver approximately $350 million of gross proceeds to Lionsgate, including $175 million in PIPE financing already committed by leading mutual funds and other investors. Net”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.