Saban Capital Acquisition Corp.

Saban Capital Acquisition Corp., which traded under the ticker SCAC on the Nasdaq Capital Market, was a blank-check company sponsored by Saban Capital Group, the Los Angeles-based private investment firm founded by media entrepreneur Haim Saban. The company completed its initial public offering in 2016, with a stated focus on acquisition targets in the media, entertainment, and telecommunications sectors. The Form 10-Q filed with the SEC in August 2018 documents the company's continued search for a business combination at that stage; the SPAC ultimately dissolved without completing an acquisition and returned capital to shareholders. For full filing history, sponsor background, and deal-tracking analytics, sign up for SpacDesk.