{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-201677","form_type":"8-K","ticker":"CNVS","cik":"0001173204","company_name":"Cineverse Corp.","filed_at":"2026-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.030468+00:00","generated_at":"2026-05-15T00:14:27.742285+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cineverse to exchange 3.118 Series A Preferred shares for up to 1.5M common shares in five tranches","bullets":["Exchange of 3.118 preferred shares for common shares in five equal tranches beginning May 1, 2026.","Common shares issued per tranche = $311,800 divided by 5-day VWAP, up to 1.5M shares total.","Preferred shares cancelled upon conversion; common shares unrestricted based on tacked holding period.","Holder restricted from selling more than 5% of 5-day average daily volume per trading day.","Issuance exempt under Section 3(a)(9) of Securities Act; no additional cash consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-201677","json":"https://secwatch.observer/filing/0001193125-26-201677.json","markdown":"https://secwatch.observer/filing/0001193125-26-201677.md","text":"https://secwatch.observer/filing/0001193125-26-201677.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173204/000119312526201677/0001193125-26-201677-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173204/000119312526201677/cnvs-20260427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:14:27.742285+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":"2e9d5b2167a666de020192a9abf8e712598ed9cb","claim":"Cineverse Corp. entered into Exchange Agreement with OCI-Cinedigm, LLC (effective 2026-04-27).","evidence_excerpt":"On April 27, 2026, Cineverse Corp. (the “Company”) entered into an exchange agreement (the “Exchange Agreement”) with OCI-Cinedigm, LLC, a holder of shares of the Company’s Series A Preferred (the “Preferred Stock”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173204/000119312526201677/0001193125-26-201677-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"OCI-Cinedigm, LLC"},{"label":"Effective","value":"2026-04-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}