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on Seven Arts Entertainment, Inc. (NASDAQ:SAPX)

Seven Arts Entertainment Inc. Secures Multi-Million Dollar Deals and Eyes Merger and Up-listing Prospects

Seven Arts Entertainment Inc. (OTC PINK:SAPX) reports significant advancements as it nears its fiscal year-end, demonstrating strategic positioning for future growth. The company has successfully amended an agreement with Lionsgate Entertainment, securing approximately $8mm USD for its filmed assets. This move aligns Seven Arts with the growing market in Atlanta, GA, where it has been based since 2021.

In light of Lionsgate’s ongoing restructuring, which focuses on its Atlanta studios, Seven Arts has agreed to delay joint press releases until the transition is complete. This restructuring is expected to introduce a new trading symbol for Lionsgate’s studios, now set to become a separately traded public entity.

Simultaneously, Seven Arts is maneuvering towards a potential merger, necessitating the expedited provision of audited financial statements for full SEC reporting. This action aligns with the company's goal to restore its industry standing, alongside negotiations with major studios and the anticipation of announcing more third-party agreements worth over $15mm USD.

The company’s strategy to maintain its capital structure without increasing outstanding shares has been pivotal in navigating a period of turbulence. With a focus on new assets, revenue streams, and maintaining shareholder value, Seven Arts is poised for an era of rapid growth, supported by routine updates through various communication channels aimed at bolstering investor relations.

R. P.

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