---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-027032"
form_type: "8-K"
ticker: "CNVS"
cik: "0001173204"
company_name: "Cineverse Corp."
filed_at: "2023-06-08T23:59:59+00:00"
generated_at: "2026-06-14T04:44:37.663278+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cineverse announces 1-for-20 reverse stock split, Nasdaq extends bid price cure to July 19

## Summary
- 1-for-20 reverse stock split effective 12:01 a.m. ET June 9, 2023; ticker CNVS with 'D' appended for ~20 trading days.
- Nasdaq grants extension to July 19, 2023 to cure minimum bid price deficiency under Rule 5550(a)(2).
- Reverse split intended to increase share price to meet Nasdaq continued listing requirements; no fractional shares.
- Proportionate adjustments to equity awards and exercise prices; authorized shares and par value unchanged.
- Stockholders approved reverse split ratio at May 30, 2023 special meeting; Board selected 1-for-20.

## SEC filing metadata
- accession: 0000950170-23-027032
- form_type: 8-K
- ticker: CNVS
- cik: 0001173204
- company_name: Cineverse Corp.
- filed_at: 2023-06-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173204/000095017023027032/0000950170-23-027032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173204/000095017023027032/cnvs-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-027032
- JSON: https://secwatch.observer/filing/0000950170-23-027032.json
- Plain text: https://secwatch.observer/filing/0000950170-23-027032.txt

## Key facts
- Governance Changes
  Cineverse Corp.: Amended certificate of incorporation to effect a 1-for-20 reverse stock split of Class A common stock (effective 2023-06-09).
  - Change: charter amendment
  - Effective: 2023-06-09
  source text: On June 7, 2023, Cineverse Corp. filed with the Secretary of State of the State of Delaware a Certificate of Amendment to the Company's Fifth Amended and Restated Certificate of Incorporation (the "Reverse Split Charter Amendment"), pursuant to which the Company effected a 1-for-20 reverse stock split of the Company's Class A common stock. The reverse stock split will be effective as of 12:01 a.m. Eastern Time on June 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173204/000095017023027032/0000950170-23-027032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.