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Stock impact report

CuriosityStream, the First Streaming Media Company Devoted to Factual Entertainment, to Become Public Company

Software Acquisition Group Inc. (SAQN) 
Company Research Source: Business Wire
CuriosityStream Inc., and Software Acquisition Group, Inc., (NASDAQ: SAQN), a Special Purpose Acquisition Company (SPAC), enter a definitive business combination agreementUpon closing of the transaction, CuriosityStream Inc., will be listed on the NASDAQ exchange under the ticker symbol “CURI”The transaction puts an estimated $180 million of cash on the balance sheet including a $25 million PIPE at $10.00 per shareExisting CuriosityStream Inc. shareholders to roll 100% of their equity into the combined companyWith over 13 million paying subscribers in over 175 countries, a robust library of over 3,100 original and licensed titles, and a history of doubling annual revenue, CuriosityStream is expected to accelerate growth with new cash funding resulting from the merger SILVER SPRING, Md. & LAS VEGAS--(BUSINESS WIRE)--CuriosityStream Inc. (“CuriosityStream”), and Software Acquisition Group, Inc. (“Software Acquisition Group”), a special purpose acquisition company, or SPAC, which rais Show less Read more
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