SeaChange International

SeaChange International, Inc. engages in the provision of multiscreen video delivery and advertising solutions. It operates through the following geographical segments: North America, Europe and Middle East, Latin America, and Asia Pacific. The firm's products and services include video platform, content management, advertising, user experience, maintenance and support, framework and support services, and professional services. The company was founded by William C. Styslinger III on July 9, 1993 and is headquartered in Boston, MA.

Earnings data Q4 2020

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SeaChange International, Inc. engages in the provision of multiscreen video delivery and advertising solutions. Its products and services include video platform, content management, advertising, user experience, maintenance and support, framework and support services, and professional services. It operates through the following geographical segments: North America, Europe and Middle East, Latin America, and Asia Pacific. The company was founded by William C. Styslinger III on July 9, 1993 and is headquartered in Boston, MA.

Ocean advocates gathered at Oceana's SeaChange Summer Party, raising more than $1.5 million to support the organization's campaigns to protect the ocean.

Orange County Advocates Raise Over $1.5 Million for Ocean Conservation at Oceana's SeaChange Summer Party

BOSTON, July 26, 2024 (GLOBE NEWSWIRE) -- Tiber Ventures, Inc., formerly known as SeaChange International, Inc. (OTC: SEAC) (“Tiber”), today announced the preliminary results of its modified “Dutch auction” tender offer (the “Tender Offer”) to purchase with cash up to $6.16 million shares (the “Shares”) of its common stock (“Common Stock”), which expired one minute after 4:59 P.M. Eastern Daylight Time on July 25, 2024.

Tiber Ventures, Inc. (fka SeaChange International, Inc.) Announces Preliminary Tender Offer Results

BOSTON, July 11, 2024 (GLOBE NEWSWIRE) -- Tiber Ventures, Inc., formerly known as SeaChange International, Inc., (OTC: SEAC) (“Tiber”) today announced that its modified “Dutch auction” Tender Offer (the “Tender Offer”) will be extended for ten business days and will now expire one minute after 4:59 P.M. Eastern Daylight Time on July 25, 2024 unless further extended by Tiber or otherwise terminated (the “Expiration Time”).

Tiber Ventures, Inc. (fka SeaChange International, Inc.) Updates Tender Offer Expiration Date

BOSTON, June 10, 2024 (GLOBE NEWSWIRE) -- Tiber Ventures, Inc., formerly known as SeaChange International, Inc., (OTC: SEAC) ("Tiber Ventures") today is announcing a modified "Dutch auction" tender offer to purchase with cash up to $6.16 million of shares of its common stock, at a price per share of not less than $6.75 and not more than $7.25. The complete terms of the tender offer are set forth in the Offer to Purchase and the related Letter of Transmittal, each dated today.

Tiber Ventures, Inc. (fka SeaChange International, Inc.) Announces Tender Offer for up to $6.2mm of Shares of its Common Stock

BOSTON, May 09, 2024 (GLOBE NEWSWIRE) -- SeaChange International, Inc . (OTC: SEAC) (“SeaChange” or the “Company”), a leading provider of video 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.

SeaChange Completes Sale of Substantially All of its Assets to Enghouse

BOSTON, April 24, 2024 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (OTC: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, has entered into an asset purchase agreement (the “Enghouse Purchase Agreement”) under which an affiliate of 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, will acquire substantially all of SeaChange's assets related to its product and services business (the “Enghouse Asset Sale”), and will assume certain liabilities, for a total purchase price of $39 million, less SeaChange's cash and cash equivalents at closing (“Closing”). The Company currently expects the transaction will result in net proceeds to SeaChange of between $21 to $23 million upon Closing.

SeaChange Announces an Agreement to be Acquired by Enghouse and Termination of Previously Announced Proposed Acquisition by Partner One

BOSTON, April 18, 2024 (GLOBE NEWSWIRE) -- SeaChange International, Inc . (OTC: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, has entered into a second omnibus amendment (such amendment, “Amendment No. 2”) to the asset purchase agreement and software purchase agreement (the “Original Purchase Agreements”) previously announced on March 11, 2024, as amended by the omnibus amendment to the Original Purchase Agreements (“Amendment No. 1”) previously announced on April 10, 2024, with affiliates of Partner One, one of the fastest-growing software conglomerates in the world, in response to an acquisition proposal from a third party. Under Amendment No. 2, Partner One, through its affiliates, will acquire substantially all of SeaChange's assets related to its product and services business (the “Second Amended Asset Sale”), and will assume certain liabilities, for an aggregate purchase price of $34,001,000 (the “New Purchase Price”), less SeaChange's cash and cash equivalents at closing (the “Closing”). The New Purchase Price represents an increase of over $4 million compared to the original asset sale announced on March 11, 2024 (the “Original Asset Sale”), and $2 million compared to the amended asset sale announced on April 10, 2024 (the “First Amended Asset Sale”) and is the only material detail of the Second Amended Asset Sale that differs from the First Amended Asset Sale and the Original Asset Sale. The Company now expects the Second Amended Asset Sale will result in net proceeds to SeaChange of between $17-19 million upon Closing.

SeaChange Announces a Second Amendment to Purchase Agreement with Partner One Along with Further Increased Purchase Price

BOSTON, April 10, 2024 (GLOBE NEWSWIRE) -- SeaChange International, Inc . (OTC: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, has entered into an omnibus amendment (such amendment, the “Amendment to the Purchase Agreements”) to the previously announced asset purchase agreement and software purchase agreement (the “Original Purchase Agreements”) with affiliates of Partner One, one of the fastest-growing software conglomerates in the world, in response to an acquisition proposal from a third party that the Company received during its go-shop period, which expired on April 8, 2024. Under the Amendment to the Purchase Agreements, Partner One, through its affiliates, will acquire substantially all of SeaChange's assets related to its product and services business (the “Amended Asset Sale”), and will assume certain liabilities, for an aggregate purchase price of $32,001,000 (the “New Purchase Price”), less SeaChange's cash and cash equivalents at closing (the “Closing”). The New Purchase Price represents an increase of over $2 million compared to the previously announced asset sale (the “Previously Announced Asset Sale”) and is the only material detail of the Amended Asset Sale that differs from the Previously Announced Asset Sale. The Company now expects the Amended Asset Sale will result in net proceeds to SeaChange of between $15-17 million upon Closing.

SeaChange Announces an Amended Purchase Agreement with Partner One Along with an Increased Purchase Price as Go-Shop Period Ends

BOSTON, March 11, 2024 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (OTC: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, has entered into an asset purchase agreement (the “Purchase Agreement”) under which an affiliate of Partner One, one of the fastest-growing software conglomerates in the world, will acquire substantially all of SeaChange's assets related to its product and services business (the “Asset Sale”), and will assume certain liabilities, for a purchase price of $30 million, less SeaChange's cash and cash equivalents at closing (the “Closing”).

SeaChange to be Acquired by Partner One

Board of Directors Authorizes Up To $2.25 Million Stock Repurchase Program Board of Directors Authorizes Up To $2.25 Million Stock Repurchase Program

SeaChange Reports Estimated and Unaudited Preliminary Fiscal Third Quarter and Nine Month Fiscal 2024 Financial Results

BOSTON, Nov. 14, 2023 (GLOBE NEWSWIRE) -- SeaChange International, a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) products, and Univer Video, the streaming service of the Universal Church of the Kingdom of God, today announced the relaunch of Univer's global streaming service with SeaChange's streaming enablement platform, StreamVid.

Univer Video Selects SeaChange to Boost Global Campaign with OTT Relaunch

BOSTON, Aug. 16, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced that its Board of Directors (the “Board”) adopted a Tax Benefits Preservation Plan, dated August 16, 2023 (the “Plan”), by and between the Company and Computershare Trust Company, N.A., as rights agent, that is intended to protect and preserve the ability of the Company to use its existing net operating loss carryforwards and certain other tax assets (collectively, the “NOLs”) to reduce the Company's potential future federal income tax obligations.

SeaChange Adopts Tax Benefits Preservation Plan to Protect Tax Assets

Global Seafood Leader Pledges Entire 2022 Net Profit Toward Meeting Broadest Reaching Commitments in the Industry Global Seafood Leader Pledges Entire 2022 Net Profit Toward Meeting Broadest Reaching Commitments in the Industry

Thai Union Launches SeaChange® 2030, Committing THB 7.2 Billion (USD 200 Million) to Advance Sustainability Goals

BOSTON, June 12, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (“FAST”) development, today reported financial and operational results for the fiscal first quarter ended April 30, 2023.

SeaChange Reports Fiscal Q1 2024 Financial and Operational Results

BOSTON, May 22, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc . (NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today announced that it has resolved to effect a reverse stock split of the Company's issued common stock and has determined the ratio to be 1-for-20. The Company's stockholders approved the reverse stock split and granted the SeaChange board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company's Annual Meeting of Stockholders held on May 19, 2023.

SeaChange International, Inc. Announces Reverse Stock Split

SeaChange International, Inc. (NASDAQ:SEAC ) Q4 2023 Earnings Conference Call April 5, 2023 4:30 PM ET Company Participants Cameron Williams - IR Peter Aquino - Chairman & CEO Chris Klimmer - President Mark Szynkowski - SVP & CFO Conference Call Participants Operator Good afternoon, and welcome to SeaChange's Fiscal Fourth Quarter and Full-Year 2023 Conference Call for the period ended January 31, 2023. My name is Diego and I'll be your operator this afternoon.

SeaChange International, Inc. (SEAC) Q4 2023 Earnings Call Transcript

BOSTON, April 05, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (“FAST”) development, today reported financial and operational results for the fiscal fourth quarter and full year ended January 31, 2023.

SeaChange Reports Fiscal Q4 and Full Year 2023 Financial and Operational Results

BOSTON, March 27, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, will hold a conference call on Wednesday, April 5, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full-year ended January 31, 2023. Financial results will be issued in a press release prior to the call.

SeaChange Sets Fourth Quarter and Fiscal Year 2023 Conference Call for Wednesday, April 5 at 4:30 p.m. ET

TV Manufacturers and Content Owners Can Fully Maximize Connected TV Advertising Revenue with the Xstream platform Smart Ad Insertion Tech

SeaChange Launches the Xstream™ Platform – A Content Monetization Platform Designed to Maximize Ad Revenue on Connected TVs

SeaChange International, Inc. (NASDAQ:SEAC ) Q3 2023 Earnings Conference Call December 12, 2022 4:30 PM ET Company Participants Jeff Grampp - Investor Relations Peter Aquino - Chairman & Chief Executive Officer Chris Klimmer - President Kathleen Mosher - Senior Vice President & Chief Financial Officer Conference Call Participants Nehal Chokshi - Northland Capital Markets Operator Good afternoon and welcome to SeaChange's Fiscal Third Quarter 2023 Conference Call for the period ended October 31, 2022. My name is Shamali and I'll be your operator this afternoon.

SeaChange International, Inc. (SEAC) Q3 2023 Earnings Call Transcript

BOSTON, Dec. 12, 2022 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today, reported financial and operational results for the fiscal third quarter ended October 31, 2022.

SeaChange Reports Fiscal Q3 2023 Financial and Operational Results

-  The SeaChange platform will support monetization via subscription and targeted advertising insertion -  The FOX Sports Mexico content will be streamed on all major device platforms, including mobile devices and Connected TVs in Mexico

SeaChange to Power Streaming of the World's Best Sports Leagues for FOX Sports Mexico

BOSTON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC) (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, will hold a conference call on Monday, December 12, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended October 31, 2022. Financial results will be issued in a press release prior to the call.

SeaChange Sets Third Quarter Fiscal 2023 Conference Call for Monday, December 12 at 4:30 p.m. ET

SeaChange International, Inc. (NASDAQ:SEAC ) Q2 2023 Earnings Conference Call September 12, 2022 4:30 PM ET Company Participants Christoph Klimmer - President Kathleen Mosher - Senior Vice President & Chief Financial Officer Peter Aquino - Chairman & Chief Executive Officer Jeff Grampp - Investor Relations Conference Call Participants Operator Good afternoon and welcome to SeaChange's Fiscal Second Quarter 2023 Conference Call for the period ended July 31, 2022. My name is Kevin and I'll be your operator this afternoon.

SeaChange International, Inc. (SEAC) Q2 2023 Earnings Call Transcript

BOSTON, Sept. 12, 2022 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”) a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today, reported financial and operational results for the fiscal second quarter ended July 31, 2022.

News for SeaChange International Stock (SEAC)