Highlights:
- Triller will enter a reverse merger with Nasdaq-listed SeaChange International.
- Upon completion of the agreement, the combined entity will be known as TrillerVerz, and it will trade on Nasdaq.
- SeaChange currently trades under the stock symbol SEAC, and the combined entity's ticker symbol will change to ILLR.
The United States-based video-sharing social media platform Triller is set to go public, and it will enter a reverse merger deal with SeaChange International, Inc.
The reverse merger will take TikTok's rival public, and the value of the combined entity is expected to be US$ 5 billion.
Since the announcement, potential investors have been searching on how to buy Triller stock, and we will answer this question in this article.
How to buy Triller stock?
The reverse merger deal will likely close by the end of Q1 2022. The Board of Directors of both the companies have approved the agreement, and the public debut will be subjected to approval from regulatory authorities and stockholders.
Once the deal is completed, SeaChange, which trades on the Nasdaq Stock Market, will change its name to TrillerVerz Corp.
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SeaChange currently trades under the stock symbol SEAC, and the combined entity's ticker symbol will change to ILLR after trading on Nasdaq.
Suppose you are interested in TrillerVerz's stock. In that case, you can wait for the company to start trading and buy its stock through stockbrokers or online trading accounts of brokerage companies like Robinhood.
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SeaChange is a Massachusetts-based software company, and it provides solutions to satellite operators, media companies, and television service providers.
Bottom line
Triller seems to have high growth potential as it allows users to create and share short-form videos, a format that is quite popular among millennials.
According to reports, Triller's application has been downloaded over 250 million times since its launch in 2015.
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The Los Angeles-based company gets more than 750 million user interactions every month. It has attracted notable people like Cardi B, Kevin Hart, Marshmello, and former US President Donald Trump.
TrillerVerz claims that it has the potential to become a leading social media platform that is powered by artificial intelligence. It has expansion plans by increasing its presence worldwide and investments in emerging technologies.