Screaming Eagle Acquisition Corp. Screaming Eagle Acquisition Corp. (Nasdaq: SCRMW) operates as a special purpose acquisition company based in New York, New York, incorporated in 2021 to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities without limitation to any particular industry or geographic region. The company offers no independent products or services, instead providing a public market vehicle through which investors access merger opportunities; its structure includes Class A ordinary shares (SCRM), units (SCRMU), and public warrants (SCRMW) that trade separately following unit separation, with proceeds from its $750 million initial public offering held in trust for deployment in a target business combination. Sponsored by Eagle Equity Partners V, LLC, and led by Chairman Harry E. Sloan, CEO Eli Baker, and Jeff Sagansky, it targets opportunities leveraging the management's expertise in media, entertainment, and global investments across multiple sectors. In its principal recent development, Screaming Eagle completed a $4.6 billion business combination on May 13, 2024, merging with the Studio Business of Lionsgate (NYSE: LGF.A, LGF.B)—encompassing its Television Studio and Motion Picture Group segments along with a major film and television library—to form Lionsgate Studios Corp. (Nasdaq: LION), a pure-play publicly traded content company; the transaction included $225 million in upsized PIPE financing from leading mutual fund investors, generated approximately $350 million in total gross proceeds, and followed shareholder approval at extraordinary general meetings on May 7, 2024, with Lionsgate Studios shares now trading separately from Lionsgate's Class A and Class B shares. This merger marks the culmination of Screaming Eagle's SPAC lifecycle, transitioning its warrants (SCRMW) to represent claims on the post-combination entity amid ongoing market activity as of late 2025.