---
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"
generated_at: "2026-05-15T00:14:27.742285+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cineverse to exchange 3.118 Series A Preferred shares for up to 1.5M common shares in five tranches

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-201677
- JSON: https://secwatch.observer/filing/0001193125-26-201677.json
- Plain text: https://secwatch.observer/filing/0001193125-26-201677.txt

## Key facts
- Material Agreements
  Cineverse Corp. entered into Exchange Agreement with OCI-Cinedigm, LLC (effective 2026-04-27).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: OCI-Cinedigm, LLC
  - Effective: 2026-04-27
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1173204/000119312526201677/0001193125-26-201677-index.htm

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