Tiber Ventures, Inc. (fka SeaChange International, Inc.) Announces Tender Offer for up to $6.2mm of Shares of its Common Stock

June 10, 2024

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.

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