{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-028360","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2023-06-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.141326+00:00","generated_at":"2026-06-13T23:45:42.506278+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cineverse prices $8M public offering of common stock and warrants at $3.00/unit","bullets":["Gross proceeds of ~$8M from sale of 2,666,667 units at $3.00/unit, each consisting of one share (or pre-funded warrant) and one common warrant.","Net proceeds of ~$7.6M after fees; expected closing on June 16, 2023, subject to customary conditions.","Proceeds to be used for working capital, content acquisition, and general corporate purposes.","Common warrants exercisable at $3.00/share, immediately exercisable, expire in five years.","A.G.P./Alliance Global Partners and Titan Partners Group acting as co-placement agents."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-028360","json":"https://secwatch.observer/filing/0000950170-23-028360.json","markdown":"https://secwatch.observer/filing/0000950170-23-028360.md","text":"https://secwatch.observer/filing/0000950170-23-028360.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000095017023028360/0000950170-23-028360-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000095017023028360/cnvs-20230614.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T23:45:42.506278+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":"32f1412336228c2f757c64b9e9110bba63cf1c65","claim":"Cineverse Corp. entered into Securities Purchase Agreement with certain accredited investors valued at approximately $8.0 million (effective 2023-06-14).","evidence_excerpt":"On June 14, 2023, Cineverse Corp. (the “Company”) agreed to sell in a public offering an aggregate of 2,150,000 shares (the “Shares”) of the Company’s Class A common stock (the “Common Stock”), pre-funded warrants to purchase up to 516,667 shares of Common Stock (the “Pre-Funded Warrants”), and common warrants to purchase up to 2,666,667 shares of Common Stock (the “Common Warrants” together with the Shares, the Pre-Funded Warrants and Common Stock issuable upon exercise of the Common Warrants and the Pre-Funded Warrants, collectively, the “Securities”), at an effective combined purchase price of $3.00 per share and related Common Warrant (the “Purchase Price”), for aggregate gross proceeds of approximately $8.0 million, before deducting placement agents fees and offering expenses payable by the Company (the “Offering”). The Securities were sold pursuant to a Securities Purchase Agreement (the “Securities Purchase Agreement”) with each purchaser identified on the signature pages theret","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173204/000095017023028360/0000950170-23-028360-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors"},{"label":"Value","value":"approximately $8.0 million"},{"label":"Effective","value":"2023-06-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}