Global Eagle Entertainment Inc.

Global Eagle Entertainment Inc. (NASDAQ: ENT) traces its origins to Global Eagle Acquisition Corp, a blank-check company that completed its IPO in 2011 and was sponsored by Eagle Equity Partners, the vehicle associated with media-industry veterans Harry Sloan and Jeff Sagansky. The SPAC completed its business combination in January 2013, merging with inflight-connectivity provider Row 44 and media distributor Advanced Inflight Alliance to form a publicly traded enterprise focused on media content and connectivity services for airlines, cruise lines, and remote-site operators. By March 2020, when the company filed an 8-K disclosing deteriorating financial conditions, the aviation and maritime entertainment sector was under acute stress; Global Eagle Entertainment subsequently filed for Chapter 11 bankruptcy protection in July 2020. Visit SpacDesk and sign up for full deal history, filing timelines, and sponsor analytics on this and hundreds of other SPAC transactions.