SeaChange International, Inc. (SEAC)

SeaChange International (NASDAQ: SEAC - Get Free Report) and Shopify (NASDAQ: SHOP - Get Free Report) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, risk, institutional ownership, earnings and analyst recommendations. Valuation and Earnings This table compares SeaChange

Institutional and Insider Ownership 5.2% of AppTech Payments shares are held by institutional investors. 37.9% of AppTech Payments shares are held by insiders. Comparatively, 3.9% of SeaChange International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over

Ocean advocates at Oceana's SeaChange Summer Party raised over $1.7M to support the organization's campaigns to protect and restore the world's oceans.

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.

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.

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”).

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.

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.

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.

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.

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.

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”).

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

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.

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.

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