SeaChange Completes Sale of Substantially All of its Assets to Enghouse [Yahoo! Finance]
SeaChange International, Inc. (SEAC)
Last seachange international, inc. earnings: 4/6 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.schange.com
Company Research
Source: Yahoo! Finance
delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced that it has closed its previously announced transaction to sell substantially all of SeaChange's assets related to its product and services business to Enghouse Systems Limited (“Enghouse”), a leading global telecommunication technology and solutions company that provides next generation communications solutions to communication service providers (including TV / cable operators), media companies, defense, public safety agencies, and utilities, who will also assume certain SeaChange liabilities, for a total purchase price of $39 million, less SeaChange's cash and cash equivalents at closing (the “Closing”), pursuant to a certain asset purchase agreement and software purchase agreement, each dated April 23, 2024 (the “Enghouse Asset Sale”). The Enghouse Asset Sale resulted in net proceeds to SeaChange in excess of $22.5 million upon Closing. The Enghouse
Show less
Read more
Impact Snapshot
Event Time:
SEAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SEAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SEAC alerts
High impacting SeaChange International, Inc. news events
Weekly update
A roundup of the hottest topics
SEAC
News
- SeaChange International, Inc. (NASDAQ: SEAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Enghouse Completes Acquisition of SeaChange [Yahoo! Finance]Yahoo! Finance
- SeaChange International, Inc. (NASDAQ: SEAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Enghouse Completes Acquisition of SeaChange [Yahoo! Finance]Yahoo! Finance
- SeaChange Completes Sale of Substantially All of its Assets to EnghouseGlobeNewswire