{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-012202","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2023-04-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.140019+00:00","generated_at":"2026-06-17T04:29:13.866539+00:00","sec_items":["5.03","3.02","1.01","3.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cinedigm issues CEO special preferred share with 1.8B votes on reverse split proposals","bullets":["CEO Christopher McGurk bought one Series B Preferred share for $10,000; carries 1,800,000,000 votes.","Preferred stock votes only on Reverse Stock Split Proposals, mirroring common stock votes proportionally.","Abstentions and non-votes on reverse split proposals now have virtually no effect due to preferred vote structure.","Preferred is non-convertible, ranks senior to common on liquidation ($10,000 preference), and auto-redeems after reverse split approval."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-012202","json":"https://secwatch.observer/filing/0000950170-23-012202.json","markdown":"https://secwatch.observer/filing/0000950170-23-012202.md","text":"https://secwatch.observer/filing/0000950170-23-012202.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000095017023012202/0000950170-23-012202-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000095017023012202/cidm-20230403.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T04:29:13.866539+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8781c5e3b011e01d2e439321f4ec00e8f9e4f7d8","claim":"Cineverse Corp.: Filed a Certificate of Designation for Series B Preferred Stock, establishing preferences, rights, and limitations including conversion, dividends, voting, liquidation, transfer restrictions, and redemption provisions (effective 2023-04-03).","evidence_excerpt":"On April 3, 2023, in connection with the Purchase Agreement, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of Series B Preferred Stock (the “Series B Certificate of Designation”) with the Secretary of State of the State of Delaware.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173204/000095017023012202/0000950170-23-012202-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-03"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}