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This week news to watch, related to SAPX, shows part of the time delays:

https://www.prnewswire.com/news-releases/screaming-eagle-announces-effectiveness-of-registration-statement-for-proposed-business-combination-302118750.html


Screaming Eagle Announces Effectiveness of Registration Statement for Proposed Business Combination

News provided by
Screaming Eagle Acquisition Corp.

Apr 16, 2024, 18:25 ET

PIPE Upsized to $225M as part of Launch of Lionsgate Studios

Extraordinary General Meetings Scheduled for May 7, 2024

LOS ANGELES, April 16, 2024 /PRNewswire/ -- Screaming Eagle Acquisition Corp. ("Screaming Eagle") (Nasdaq: SCRM, SCRMU, SCRMW) announced today that the registration statement on Form S-4 (File No. 333-276414) (as amended, the "Registration Statement"), filed by Screaming Eagle's wholly-owned subsidiary, SEAC II Corp. ("Pubco"), relating to the previously announced business combination with Lionsgate (NYSE: LGF.A, LGF.B) (the "Business Combination"), has been declared effective by the U.S. Securities and Exchange Commission ("SEC"). The extraordinary general meetings of Screaming Eagle's shareholders and public warrant holders in connection with the Business Combination (the "Extraordinary General Meetings") will be held on May 7, 2024. The proxy statement/prospectus relating to the Extraordinary General Meetings will be mailed to Screaming Eagle's shareholders and public warrant holders of record as of the close of business on April 16, 2024 (the "Record Date").

As previously disclosed, on April 11, 2024, Screaming Eagle and Lionsgate entered into an additional PIPE subscription agreement for $50 million, bringing the total committed PIPE financing in connection with the Business Combination to $225 million.

he parties anticipate that the Business Combination will close in early May, subject to satisfaction of the conditions to the closing of the Business Combination.

About Screaming Eagle

Screaming Eagle Acquisition Corp. is a special purpose acquisition company established for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Screaming Eagle's sponsor is Eagle Equity Partners V, LLC, of which Harry Sloan, Jeff Sagansky and Eli Baker are Managing Members who have together sponsored seven prior SPAC transactions. Screaming Eagle's management team has extensive experience in identifying and executing strategic investments globally and has done so successfully in a number of sectors, including TMT.

Additional Information about the Business Combination and Where to Find It

In connection with the Business Combination, Pubco filed the Registration Statement with the SEC, which includes a proxy statement/prospectus that is both the proxy statement of Screaming Eagle and a prospectus of Pubco relating to the shares to be issued in connection with the Business Combination. The Registration Statement was declared effective by the SEC on April 16, 2024. Screaming Eagle will mail the definitive proxy statement/prospectus relating to the Business Combination to its shareholders and public warrant holders as of the Record Date. The definitive proxy statement contains important information about the Business Combination and the other matters to be voted upon at Extraordinary General Meetings. This communication does not contain all the information that should be considered concerning the Business Combination and other matters and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. Screaming Eagle, Pubco and Lionsgate may also file other documents with the SEC regarding the Business Combination. Screaming Eagle's shareholders, public warrant holders and other interested persons are advised to read the definitive proxy statement/prospectus and any other documents filed in connection with the Business Combination, as these materials may contain important information about Screaming Eagle, Pubco, Lionsgate, and the Business Combination.

Screaming Eagle, Lionsgate, Pubco and their respective directors and officers may be deemed participants in the solicitation of proxies of Screaming Eagle shareholders and public warrant holders in connection with the Business Combination. More detailed information regarding the directors and officers of Screaming Eagle, and a description of their interests in Screaming Eagle, is contained in the definitive proxy statement/prospectus, and is available free of charge at the SEC's website at www.sec.gov. Additionally, information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Screaming Eagle's shareholders and public warrant holders in connection with the Business Combination and other matters to be voted upon at the Screaming Eagle Business Combination Meetings are set forth in the definitive proxy statement/prospectus.




















































































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