{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-052164","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.639108+00:00","generated_at":"2026-05-16T02:20:15.768448+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Cineverse prices $3.0M public offering at $2.00/share; CEO and management participate","bullets":["Offering of 1,500,000 shares at $2.00 each; gross proceeds ~$3.0M; net proceeds ~$2.8M after underwriting discount.","Underwriter exercised 225,000-share over-allotment option in full on Feb 13, 2026, adding up to $0.45M gross.","Proceeds to be used for working capital, content acquisition and development.","Chairman/CEO Chris McGurk and other management members participated in the offering.","Closing expected on or about February 17, 2026, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-052164","json":"https://secwatch.observer/filing/0001193125-26-052164.json","markdown":"https://secwatch.observer/filing/0001193125-26-052164.md","text":"https://secwatch.observer/filing/0001193125-26-052164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000119312526052164/0001193125-26-052164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000119312526052164/d910663d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:20:15.768448+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":"7c76643ccbff65bf5c3d789bea98230e08d8d505","claim":"Cineverse Corp. entered into Underwriting Agreement with The Benchmark Company, LLC valued at aggregate gross proceeds of approximately $3.0 million; net proceeds approximately $2.8 million (or (effective 2026-02-12).","evidence_excerpt":"On February 12, 2026, Cineverse Corp. (the “Company”) agreed to sell in a public offering an aggregate of 1,500,000 shares (the “Shares”) of the Company’s Class A common stock (the “Common Stock”), at a purchase price of $2.00 per share, for aggregate gross proceeds of approximately $3.0 million, before deducting underwriting commissions and expenses payable by the Company (the “Offering”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173204/000119312526052164/0001193125-26-052164-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"The Benchmark Company, LLC"},{"label":"Value","value":"aggregate gross proceeds of approximately $3.0 million; net proceeds approximately $2.8 million (or"},{"label":"Effective","value":"2026-02-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}