---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-104774"
form_type: "8-K"
ticker: null
cik: "0001679063"
company_name: "Chicken Soup for the Soul Entertainment, Inc."
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:39:40.422395+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CSSE receives Nasdaq bid price deficiency notice; exploring strategic alternatives

## Summary
- Nasdaq notice on Sep 22, 2023: common stock bid price below $1 for 30 consecutive days; 180-day cure until Mar 20, 2024.
- Board authorized factoring up to $55M in receivables with discount limited to 5%.
- May sell securities under ATM agreements or in private placements from time to time.
- Actively exploring strategic transactions, including asset sales or a sale of the company.

## SEC filing metadata
- accession: 0001104659-23-104774
- form_type: 8-K
- cik: 0001679063
- company_name: Chicken Soup for the Soul Entertainment, Inc.
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679063/000110465923104774/0001104659-23-104774-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679063/000110465923104774/tm2327157d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-104774
- JSON: https://secwatch.observer/filing/0001104659-23-104774.json
- Plain text: https://secwatch.observer/filing/0001104659-23-104774.txt

## Key facts
- Listing & Compliance Notices
  Chicken Soup for the Soul Entertainment, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: September 22, 2023, Chicken Soup for the Soul Entertainment Inc. (the “ Company ”) received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that, for the prior 30 consecutive business days (through September 21, 2023), the closing bid price of the Company’s Class A Common Stock, $0.0001 par value per share (“ common stock ”) had been below the minimum of $1 per share required for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). The notification letter stated that the Company would be afforded 180 calend
  evidence_url: https://www.sec.gov/Archives/edgar/data/1679063/000110465923104774/0001104659-23-104774-index.htm

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