secwatch.observer — SEC 8-K summary
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Issuer:     National CineMedia, Inc. (NCMI)
CIK:        0001377630
Form:       8-K
Filed at:   2023-02-24T23:59:59+00:00
Accession:  0001377630-23-000011
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Cinemark Media redeems 41.97M common membership units for NCM Inc. common stock
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- Cinemark Media, Inc. redeemed 41,969,862 common membership units on February 23, 2023.
- NCM Inc. issued an equal number of new common shares to NCM LLC in exchange for the surrendered units.
- Shares were issued in reliance on Section 4(a)(2) exemption from registration.
- Redemption right is provided under NCM Inc.'s certificate of incorporation and NCM LLC's operating agreement.
- The redemption was effective February 23, 2023, with notice received February 17, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377630/000137763023000011/0001377630-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377630/000137763023000011/ncmllc-20230217.htm
  HTML page:      https://secwatch.observer/filing/0001377630-23-000011

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