Swizz Beatz And Timbaland's Verzuz Is Going Public In A Reverse Merger Deal With A Video-tech Company SeaChange
In March we saw a major acquisition of Swizz Beatz and Timbaland’s Verzuz platform, The company that acquired the popular Verzuz platform Triller is set to go public and be listed on Nasdaq via a merger with the video streaming platform SeaChange International, according to a report by Variety. SeaChange will be changing its name to TrillerVerz Corp. once the merger is complete. The company will go public in early 2022. According to the company’s self-evaluation, they expect a valuation of the “new entity” to be worth approximately $5 billion. “We are thrilled to announce this important milestone of TrillerVerz’s plans to enter the public market,” Triller CEO Mahi de Silva said. “In our short history, we have evolved from a disruptive social media platform and creator of content to one of the world’s most successful platforms where creators, commerce, and culture meet.” TrillerVera has plans to “diversify” revenue streams for the company through exploiting “creator eco