secwatch.observer — SEC 8-K summary
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Issuer:     Cineverse Corp. (CNVS)
CIK:        0001173204
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001193125-26-052164
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cineverse prices $3.0M public offering at $2.00/share; CEO and management participate
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1173204/000119312526052164/0001193125-26-052164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1173204/000119312526052164/d910663d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-052164

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