SeaChange International, Inc. (SEAC) in Acton, Mass., is an over-the-top (OTT) video management platform that offers multiscreen, advertising, and premium OTT services to cable system operators, telecommunications companies, satellite operators, broadcasters, and other content providers.
The company entered a reverse merger agreement with Triller Hold Co LLC last December. According to the terms of the deal, SEAC shareholders will retail 2.3% of the newly merged company, while Triller will retain a 97.7% stake. SEAC filed the registration statement for the proposed merger with the SEC on Feb. 22, 2022.
