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SCRM

Closed

Screaming Eagle Acquisition Corp

10.3
+0.1 (+0.98%)
Last Update: 14 May 2024 01:16:00
Yesterday: 10.18
Day's Range: 0. - 0.
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When Written:
 
10.18
Screaming Eagle Acquisition Corp is a special purpose acquisition company (SPAC) that was formed in 2020 by billionaire investor and former CEO of TD Ameritrade, Joe Ricketts. The company raised $1.5 billion in its initial public offering (IPO) in August 2020, with the aim of acquiring a private company and taking it public.

Screaming Eagle Acquisition Corp is focused on identifying and acquiring a high-growth company in the technology, healthcare, or consumer sectors. The company's management team includes experienced executives and investors with a track record of successful mergers and acquisitions.

As of August 2021, Screaming Eagle Acquisition Corp has not yet announced a merger target. However, the company has reportedly been in talks with several potential acquisition targets, including electric vehicle maker Lucid Motors and sports betting platform DraftKings.

Overall, Screaming Eagle Acquisition Corp is a SPAC that is focused on acquiring a high-growth company in a promising sector, with the goal of taking it public and creating value for its shareholders.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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