Cineverse Corp. (CNVS) — Current Report

AI-Powered SEC Filing Analysis

Latest Current Report Filed: 2026-05-01

Key Insights

Cineverse is converting 3.118 shares of Series A Preferred Stock into Common Stock through a structured exchange agreement with OCI-Cinedigm, LLC, eliminating preferred equity obligations.
The conversion will occur in five equal tranches starting May 1, 2026, with Common Stock pricing based on 5-day volume weighted average prices, potentially diluting existing shareholders depending on market conditions.
The company authorized up to 1,500,000 shares of Common Stock for this exchange, which represents a significant potential dilution relative to typical small-cap market capitalizations.
By retiring the exchanged Preferred Stock immediately, Cineverse simplifies its capital structure and reduces future dividend/liquidation preference obligations to this preferred holder.

Want the newest filings?

This analysis covers the filing from 2026-05-01. New 10-K, 10-Q and 8-K filings are analyzed the moment they are released — exclusively in the app.

Download on the App Store Open in app →

Earlier Current Report filings

Filed: 2026-04-15

Cineverse Corp. announced the appointment of a new Chief Financial Officer, Sean McCabe, who has prior experience at the company and other finance roles.
The new CFO employment agreement includes a base salary of $340,000, a 50% target bonus, and restricted stock units vesting over 3 years, providing performance incentives.
The agreement also includes severance provisions, including 12 months' base salary for termination without cause, and a 2x multiplier on salary and bonus for a change-in-control termination, protecting the CFO.

Filed: 2026-02-17

Cineverse Corp. is raising $3 million in a public offering of 1.5 million shares of its Class A common stock at $2 per share, with an additional 225,000 shares as an underwriter option.
The company plans to use the net proceeds of approximately $2.8 million (or $3.2 million if the underwriter option is exercised) for working capital, content acquisition, and general corporate purposes.
The public offering will provide Cineverse with additional funding to support its business activities and growth initiatives.

Filed: 2026-02-17

Cineverse Corp. acquired IndiCue, Inc., a next-generation CTV monetization and engagement platform, for $22 million in cash and stock.
Cineverse issued $13 million in convertible notes with a 9% interest rate and a $2 per share conversion price.
The acquisition and convertible note financing provide Cineverse with additional growth capital and capabilities in the CTV advertising space.

Filed: 2026-02-17

Cineverse Corp. reported its financial results for the three and nine months ended December 31, 2025, indicating the company's performance during this period.
The filing does not provide any details on material agreements, leadership changes, or other significant corporate events that may impact the company's future prospects.
Without additional financial and operational information, it is difficult to determine the overall sentiment and significance of this 8-K filing for investors.

Filed: 2026-02-12

Cineverse Corp. has entered into a definitive agreement to acquire IndiCue, Inc., a next-generation CTV monetization and engagement platform, for $22 million in cash and potential earn-out payments.
The company has also raised $13 million through the sale of convertible notes, which will be used in part to fund the cash portion of the IndiCue acquisition.
The acquisition of IndiCue and the convertible note financing represent significant strategic and financial transactions for Cineverse, as the company seeks to expand its connected TV capabilities and strengthen its balance sheet.

Filed: 2026-01-13

Cineverse Corp. has announced the acquisition of Giant Worldwide, which could expand its content portfolio and market reach.
The company has also announced a new leadership team for the acquired Giant Worldwide business, indicating a focus on integrating and growing the new asset.
The two press releases suggest Cineverse is actively pursuing strategic growth opportunities, which could be positive for investors if executed well.

Other reports for Cineverse Corp.

Insider Trading Quarterly Report

Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.