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Redbox Entertainment Inc. (RDBX)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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1.65000.0000 (0.00%)
At close: 04:00PM EDT
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  • C
    Charlie
    $CVNA conversation
    $RDBX had a massive short squeeze couple of months ago. Today they got delisted, the bag holders are all scratching their heads.
  • S
    Simranjit
    Why it is stuck at 1.65?
  • F
    Frank
    Folks, the imminent completion of the merger event is not a theory, it's not an act of HF manipulation, it's not anything that requires additional SEC approval. The transaction was approved by the majority holder of Redbox Entertainment and other shareholders. The BoDs both said "yes".

    The "news" is not merely something on your RH feed. It's a filing with the SEC signed by Redbox CEO Galen Smith, and posted on their Investor Relations page.

    RDBX holders will receive 0.087 shares of CSSE per share of RDBX, or based on CSSE pre-market, $1.31/share equivalent.

    The Idiocracy of retail speculation is vast, loud and wildly self-assured.
  • B
    Blank
    We reached the end of RDBX, conversion has started, no more trading of RDBX. at current price of CSSE of $15 RDBXworth $1.30 per share, it was very wild ride.
  • D
    Dr. Cade
    I am asking anyone who is kind enough to provide a reply - will we actually get the 0.087 shares of csse or do we have nothing?
  • B
    Bokoyito
    Just curious, why would RDBX shareholders voted YES, if they will not get anything from CSSE?
  • J
    Jake
    who else voted no?
    Bullish
  • J
    Johnkellyzzzzz
    purchased a little more 149,700 shares 1.67
    Bullish
  • J
    Johnkellyzzzzz
    purchased 166,666 shares (300K) 1.80-1.82
    Bullish
  • M
    M
    Every RDBX shareholder lost money after the merger and is going to lose more after CSSE starts declining afterwords......
  • T
    Tss
    I’m thinking this heads to about $2.50 today and will be under $2 by Friday.
  • S
    Steve
    Csse closed at 14.75

    14.75 x .087 conversion rate is $1.28

    Thats the actual worth at the moment
  • A
    Abe
    Why did they approve a merger way below market value?
    is it still @what previously announced. 47 cents?
    Any one knows?
  • M
    Max
    Update, I still have RDBX in my portfolio, but moved to the top with nine numbers above the ticker symbol.
  • M
    Max
    Were RDBX shares supposed to be converted to CSSE? Nothing changed in my portfolio.
  • M
    Michael
    it's going to rise soon..oversold big time..
    Bullish
  • M
    Marcia
    Merger has been approved but it will take a few months for it to be finalized through the SEC. I doubt the shorts will hold out for another 2 months. Either way, I'm not selling.
    Bullish
  • C
    Chucky
    in a merger, shorts simply settle at the end for the acquisition price. which is about. 95 cents...there is no squeeze.
  • s
    sunfire
    After merger ...they're going to reverse split...WATCH ...OUT
  • A
    Abe
    Is the buy out for.47 cents?
    if so , why is this still in the $2's?
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