A rumored merger between Triller and publicly traded SeaChange International was confirmed Wednesday morning. Here are the details for investors. What Happened Triller Hold Co. announced a reverse merger with SeaChange, which values the combined company at $5 billion. The merger is expected to close in the first quarter of 2022. SeaChange will become an operating unit inside the TrillerVerz company. As part of the merger, the ticker symbol of SeaChange will be changed to IILR and the new company will be called TrillerVerz Corp. SeaChange public shareholders are anticipated to own 2.3 percent of the new company with TrillerVerz shareholders owning the remaining 97.7 percent of the new company. Why It’s Important TrillerVerz will be a pure-play investment option on cable, streaming, and advertising. The company’s Triller platform has been considered by many to be a TikTok competitor. Donald Trump, Justin Bieber, and Alicia Keys are among the verified users on Triller. …