Trillers Twosday - Today on 2.22.22 SeaChange and Triller Jointly Announce Filing of a Registration Statement on S-4 in Connection with their Proposed Business Combination Download as PDF February 22, 2022 2:30pm EST
LOS ANGELES and BOSTON, Feb. 22, 2022 (GLOBE NEWSWIRE) -- On the auspicious day of Twosday SeaChange International, Inc. ( SeaChange ) (NASDAQ: SEAC) has filed with the U.S. Securities and Exchange Commission ( SEC ) a registration statement on Form S-4 (the Registration Statement ), which contains a preliminary proxy statement/prospectus, in connection with the previously announced proposed business combination with Triller Hold Co LLC ( TrillerVerz ), a critical step to completing the public merger.
While the Registration Statement has not yet been declared effective by the SEC, and the information contained therein is subject to change, it provides important information about TrillerVerz and SeaChange and the proposed business combination.
The surviving corporation of the proposed business combination between TrillerVerz and SeaChange, upon approval by the Nasdaq stock market ( Nasdaq ) and completion of the proposed business combination, and the satisfaction of the other closing conditions, is expected to be listed on Nasdaq under the new ticker symbol ILLR. SeaChange will also be renamed TrillerVerz Corp. upon the closing of the transaction.
We are incredibly proud of this step forward for TrillerVerz and SeaChange. Today is not just a step forward for us, but for creators globally, said Mahi de Silva, Chief Executive Officer of TrillerVerz. We are building one of the world's most innovative platform for creators, content, and commerce, a place for creators and brands to break free of the current walled garden jail' of social media platforms. Today's news, while a milestone, is just the beginning.
We are thrilled as we progress towards completing the transaction, said Peter D. Aquino, President and Chief Executive Officer of SeaChange. We believe this business combination will provide significant value for our stockholders and allows them the opportunity to participate in a very exciting future alongside Triller.
About TrillerVerz
TrillerVerz is the AI-powered open garden technology platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, TrillerVerz encourages its influencers to post the content created on the app across different social media platforms and uses proprietary AI technology to push and track their content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. TrillerVerz additionally owns VERZUZ, the live-stream music platform launched by Swizz Beatz and Timbaland; Amplify.ai, a leading customer engagement platform; FITE, a premier global PPV, AVOD, and SVOD streaming site; and Thuzio, a leader in B2B premium influencer events and experiences.
About SeaChange
SeaChange provides first-class video streaming, linear TV, and video advertising technology for operators, content owners, and broadcasters globally. The SeaChange technology enables operators, broadcasters, and content owners to cost-effectively launch and grow premium linear TV and direct-to-consumer streaming services to manage, curate, and monetize their content. SeaChange helps protect existing and develop new and incremental advertising revenues for traditional linear TV and streaming services with its unique advertising technology. SeaChange enjoys a rich heritage of nearly three decades of delivering premium video software solutions to its global customer base.
Important Information about the Proposed Business Combination and Where to Find It
In connection with the proposed business combination, SeaChange has filed a preliminary proxy statement/prospectus and plans to file other relevant materials with the SEC, including amendments to the Registration Statement, which will include a definitive proxy statement/prospectus of SeaChange relating to the proposed business combination. Any definitive proxy statement/prospectus of SeaChange will be mailed to stockholders of SeaChange if and when available. INVESTORS AND SECURITY HOLDERS OF SEACHANGE AND TRILLERVERZ ARE URGED TO READ THESE MATERIALS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT SEACHANGE, TRILLERVERZ, THE PROPOSED BUSINESS COMBINATION, AND RELATED MATTERS.
Investors and security holders will be able to obtain free copies of the preliminary and definitive proxy statement/prospectus and other documents filed by SeaChange with the SEC (when they become available) through the website maintained by the SEC at www.sec.gov. In addition, investors and security holders will be able to obtain free copies of the proxy statement/prospectus and other documents filed by SeaChange with the SEC by written request to: SeaChange International, Inc., 177 Huntington Avenue, Suite 1703 #73480, Boston, MA 02115-3135, Attention: Elaine Martel, Corporate Secretary.
No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell, the solicitation of an offer to sell or an offer to buy or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Secur
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Trillers Twosday - Today on 2.22.22 SeaChange and Triller Jointly Announce Filing of a Registration Statement on S-4 in Connection with their Proposed Business Combination Download as PDF February 22, 2022 2:30pm EST 
