---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-024668"
form_type: "8-K"
ticker: null
cik: "0001733443"
company_name: "5&2 Studios, Inc."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:49:45.632842+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 5&2 Studios enters $24.7M advance agreement to fund fractional shares in proposed reverse stock split

## Summary
- Advance from Come and See Foundation up to ~$24.7M to pay cash in lieu of fractional shares from 1-for-173,750 reverse stock split.
- Interest rate ~7.25% p.a., increasing to 9.25% if Asset Purchase Agreement conditions not met by July 31, 2027.
- Advance secured by Company's rights to certain programming, including 'The Chosen'.
- Advance plus interest offset against Season 7 payments from CAS; any shortfall to be repaid by Company on demand.
- Funding conditional on reverse stock split approval by majority of unaffiliated shareholders.

## SEC filing metadata
- accession: 0001104659-26-024668
- form_type: 8-K
- cik: 0001733443
- company_name: 5&2 Studios, Inc.
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1733443/000110465926024668/0001104659-26-024668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1733443/000110465926024668/tm268190d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-024668
- JSON: https://secwatch.observer/filing/0001104659-26-024668.json
- Plain text: https://secwatch.observer/filing/0001104659-26-024668.txt

## Key facts
- Material Agreements
  5&2 Studios, Inc. entered into Vendor Advance Agreement with Come and See Foundation, Inc. ("CAS") valued at up to approximately $24.7 million (effective 2026-03-02).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Come and See Foundation, Inc. ("CAS")
  - Value: up to approximately $24.7 million
  - Effective: 2026-03-02
  source text: the Company entered into a Vendor Advance Agreement (the “Vendor Advance Agreement”) with Come and See Foundation, Inc. (“CAS”) on March 2, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1733443/000110465926024668/0001104659-26-024668-index.htm

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