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Thursday, February 2, 2023

Equity Corporate Actions Alert #2023 - 69
Information regarding the redemption of Seaport Calibre Materials Acquisition Corp. (SCMA/W/U)

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  • Industry Announcement

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Seaport Calibre Materials Acquisition Corp. (SCMA/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on February 1, 2023, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: Seaport Calibre Materials Acquisition Corp. Class A Common Stock
CUSIP#: 812204105
Symbol: SCMA
Last Trading Date: February 2, 2023
Marketplace Effective Date for Suspension: February 3, 2023
Redemption rate: Approximately $10.27 per Class A Common Stock
Company Name & Issue Type: Seaport Calibre Materials Acquisition Corp. Warrant
CUSIP#: 812204113
Symbol: SCMAW
Last Trading Date: February 2, 2023
Marketplace Effective Date for Suspension: February 3, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: Seaport Calibre Materials Acquisition Corp. Unit
CUSIP#: 812204204
Symbol: SCMAU
Last Trading Date: February 2, 2023
Marketplace Effective Date for Suspension: February 3, 2023
Redemption rate: Approximately $10.27 per Class A Common Stock

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