Screaming Eagle Acquisition Corp. Class A (SCRM) has released an update.
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Screaming Eagle Acquisition Corp. amended their Investment Management Trust Agreement with Continental Stock Transfer & Trust Company to allow the assets in their trust account to be held in an interest-bearing demand deposit account or cash. This arrangement exists until they either undergo an initial business combination or the company is liquidated.
For further insights into SCRM stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
