Cineverse Corp 8-K, filed Mar 6, 2025
Cineverse Corp. (CNVS)
About this 8-K
Cineverse Corp filed this 8-K on March 6, 2025, reporting on events of February 28, 2025.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On February 28, 2025, the Board of Directors of Cineverse Corp. (the “Company”) approved the renewal of the previously approved stock repurchase program to purchase up to 500,000 shares of its outstanding Class A common stock, in addition to any shares previously repurchased. Acquisitions pursuant to the stock repurchase program may be made through a combination of open market repurchases in compliance with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended, privately negotiated transactions, and/or other transactions at the Company’s discretion. The stock repurchase program, which is subject to certain consents, will expire on March 31, 2026 unless otherwise modified by the Board at any time in its sole discretion.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Cineverse Corp. |
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Date: |
March 5, 2025 |
By: |
/s/ Gary S. Loffredo |
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Chief Legal Office, Secretary and Senior Advisor |