SGAM SEC filings, in plain English
Everything Seaport Global Acquisition Corp has filed with the SEC that we hold — 40 filings, newest first, 1 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.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
combination deadline, going-concern doubtnothing moved · 2 with no prior record of ours
- Combination deadline
- 2024-04-20 · unchanged
- Going-concern doubt
- stated · unchanged
The clause “Combination, including extending the maturity date of the Senior Facilities to April 20, 2024 and extending the PIK interest option until December 31, 2022 (subject to a minimum pro forma liquidity). On April 15, 2022, RAR entered into a”…
The clause …“operating losses, accumulated deficit and negative working capital, raise substantial doubt about our ability to continue as a going concern, after consideration of the strategic initiatives outlined below, within one year after the”…
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: Despite sitting under Seaport Global Acquisition Corp in this corpus, the registrant named on the cover is Redbox Entertainment Inc., and the document is a notice of action by written consent and information statement addressed to holders of Chicken Soup for the Soul Entertainment, Inc., stating on its face 'WE ARE NOT ASKING YOU FOR A PROXY.' Under a Merger Agreement dated May 10, 2022, CSSE acquires Redbox through integrated mergers, with each Redbox Class A share converting into 0.087 CSSE Class A shares and each Redbox Class B share cancelled for no additional consideration. Why it matters: This is not a SPAC business combination. Redbox is the de-SPACed successor of Seaport Global and is being acquired by an operating company, so any logic that reads a tier-1 filing under a SPAC's CIK as that SPAC's own deal will mis-attribute it. There is also no vote to hold: the Principal CSSE Holders, holding a majority of the combined voting power, approved the CSSE stock issuance by written consent delivered May 11, 2022, which is why the document informs rather than solicits. No meeting date and no redemption deadline exist to record.
- What changed vs 2021-11-22going concern APPEARED
going-concern doubt, combination deadline, trust account +11 moved · 3 with no prior record of ours
- Going-concern doubt
- not statedstated
- Combination deadline
- not previously extracted2024-04-20
- Trust account
- $145.2Mnot matched in this filing
- Redeemable shares
- 14.4Mnot matched in this filing
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“operating losses, accumulated deficit and negative working capital, raise substantial doubt about our ability to continue as a going concern, after consideration of the strategic initiatives outlined below, within one year after the”…
The clause “Combination, including extending the maturity date of the Senior Facilities to April 20, 2024 and extending the PIK interest option until December 31, 2022 (subject to a minimum pro forma liquidity). 37 Table of Contents On April 15,”…
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.