Redbox Completes Business Combination With Seaport Global Acquisition Corp.

Accelerates Redbox’s digital transformation

Positions Redbox to simplify the streaming experience with an affordable, multi-product entertainment ecosystem

Redbox common stock expected to begin trading on NASDAQ under ticker symbol RDBX on October 25, 2021

NEW YORK & OAKBROOK TERRACE, Ill.–(BUSINESS WIRE)–Redbox (NASDAQ: RDBX), America’s destination for affordable new-release movies and entertainment, announced today that it has completed its previously announced business combination with Seaport Global Acquisition Corp. (NASDAQ: SGAM) (“Seaport Global Acquisition”), a publicly traded special purpose acquisition company. As a result of the merger, the entity will be known as “Redbox Entertainment Inc.” Redbox’s common stock and warrants are expected to begin trading on NASDAQ on Monday, October 25, 2021, under the ticker symbols “RDBX and “RDBXW,” respectively.

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