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Screaming Eagle Acquisition Corp. (SCRM)

NasdaqGM - NasdaqGM Real-time price. Currency in USD

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11.19

+1.29

(+13.03%)

At close: 04:00PM EDT

11.64

+0.45

(+4.02%)

After hours:

06:13PM EDT

Trade prices are not sourced from all markets

News

Simply Wall St.
Screaming Eagle Acquisition Corp. (NASDAQ:SCRM) is largely controlled by institutional shareholders who own 82% of the company
Key Insights Significantly high institutional ownership implies Screaming Eagle Acquisition's stock price is sensitive...
Reuters
Lionsgate to spin off studio business in $4.6-billion SPAC deal
The studio business will merge with Screaming Eagle Acquisition Corp, a special purpose-acquisition company (SPAC), to create a new public firm for Lionsgate's film and television assets that include about 18,000 titles. The move, part of the company's plan to separate its studio unit from the Starz cable and streaming division, is expected to deliver about $350 million in gross proceeds to Lionsgate. That includes $175 million from a private investment in public equity and the remaining from the SPAC's trust account.