A rumored merger between Triller and publicly traded SeaChange International was confirmed Wednesday morning. Here are the details for investors.
What Happened
Triller Hold Co. announced a reverse merger with SeaChange, which values the combined company at $5 billion. The merger is expected to close in the first quarter of 2022. SeaChange will become an operating unit inside the TrillerVerz company.As part of the merger, the ticker symbol of SeaChange will be changed to IILR and the new company will be called TrillerVerz Corp.
