Mark Lindsey
On April 15, 2026, Cineverse Corp. (the “Company”) announced that Mark Lindsey would transition out of the Chief Financial Officer role effective as of May 10, 2026.
Highest-materiality recent filing
Q4 revenue $26.0M, up $10.4M or 67% YoY, driven by $11.6M from Giant and IndiCue acquisitions in first partial quarter.
Cineverse CFO Mark Lindsey exits; consulting deal extends RSU vesting through Sep 2027
CFO Mark Lindsey's last day was May 8, 2026; receives 12 months base salary continued in equal monthly installments.
Cineverse to exchange 3.118 Series A Preferred shares for up to 1.5M common shares in five tranches
Exchange of 3.118 preferred shares for common shares in five equal tranches beginning May 1, 2026.
Cineverse appoints Sean McCabe as CFO, replacing Mark Lindsey effective April 20, 2026
Sean McCabe, former Cineverse VP & Controller (2023-2024), returns as CFO.
Cineverse prices $3.0M public offering at $2.00/share; CEO and management participate
Offering of 1,500,000 shares at $2.00 each; gross proceeds ~$3.0M; net proceeds ~$2.8M after underwriting discount.
Cineverse acquires IndiCue for $22M; guides FY2027 rev $115-120M, adj EBITDA $10-20M
Base consideration $22M ($12.8M cash + $9.2M stock); earnouts up to $18M on revenue/gross margin targets.
Cineverse Reports Q3 FY2026 Revenue of $16.3M, Adj. EBITDA $2.4M, Acquisitions and FY2027 Guidance
Q3 FY2026 revenue $16.3M (down 60% YoY) due to absence of $22.8M Terrifier 3 theatrical revenue in prior year quarter.
Cineverse buys IndiCue for $22M, raises $13M notes, prelim Q3 rev $15-17M
Acquires IndiCue ($22M: $12.8M cash at close, $9.2M cash/stock year one); CTV ad platform.
Cineverse acquires Giant Worldwide, integrating studio relationships into Matchpoint platform.
Acquired Giant Worldwide for all-cash; expects $15-17M revenue, $3.5-4M EBITDA in FY2027.
Cineverse shareholders approve 1M share increase in equity plan to 3.5M
Amendment raises authorized shares under 2017 Equity Incentive Plan from 2,504,913 to 3,504,913.
Cineverse Q2 FY2026 net loss widens to $5.7M, revenue down 3% YoY
Revenue $12.4M (down 3% YoY); Direct Operating Margin 58% (up 7pp).
Cineverse Corp. signs new CFO employment agreement with Mark Lindsey; $350K base salary, 71,699 RSUs
CFO Mark Lindsey's new employment agreement runs through Sep 13, 2027 with automatic one-year renewal.
Cineverse Q1 FY2026 revenue $11.1M (+22% YoY); net loss $3.6M
Total revenue $11.1M, up 22% YoY; direct operating margin 57% (+6%).
Cineverse Q4/FY2025: revenue $15.6M/$78.2M, net income $0.9M/$3.2M, turns profitable
Q4 revenue $15.6M (+58% YoY); full-year revenue $78.2M (+59% YoY).
Cineverse enters employment agreement with Antonio Huidor as President of Technology & CPO
Base salary $430,000; target bonus $301,000 (70% of base) under MAIP.
Cineverse enters new employment agreements with CEO McGurk, President Opeka, CLO Loffredo
CEO McGurk: base salary $650K, target bonus $650K, 120K RSUs vesting over 3 years.
New $12.5M revolving facility (expandable to $15M at lender's discretion) replaces prior $7.5M line.
Cineverse renews stock repurchase program for up to 500,000 shares through March 2026
Board approved renewal of existing program to repurchase up to 500,000 shares of Class A common stock.
Cineverse Q3 FY2025 revenue $40.7M (+207% YoY); net income $7.2M
Total revenue $40.7M vs $13.3M prior year; net income $7.2M vs loss of $2.9M; EPS $0.38 vs -$0.22.
Cineverse shareholders approve 450,000-share increase to 2017 equity plan, reelect directors
Plan amendment increased authorized shares from 2,054,913 to 2,504,913 (450,000-share increase).
Cineverse registers shares for warrant exercise as stock exceeds $3.00 exercise price
Registering 2,666,667 Common Warrants at $3.00/share via prospectus supplement dated Nov 22, 2024.
Cineverse Q2 revenue ex-Digital Cinema up 20%; Terrifier 3 to add $20M+ next quarter
Total revenue $12.7M; excluding $2.4M non-recurring Digital Cinema revenue, core revenue up 20% YoY.
Cineverse regains Nasdaq bid price compliance, avoids delisting
Received Nasdaq notice on Oct 21, 2024, confirming bid price compliance.
Cineverse extends loan maturity with East West Bank to Sept 2025
EWB Amendment dated Aug 9, 2024 extends maturity of existing Loan Agreement to Sept 15, 2025.
Cineverse Q1 revenue falls 30% YoY to $9.1M; net loss improves; library appraised at $39.8M
Revenue $9.1M vs $13.0M YoY; digital distribution down $1.9M and legacy cinema $1.2M.
Cineverse posts investor presentation; no material new information disclosed
Furnished investor presentation on July 16, 2024 for use at conferences and meetings.
Cineverse receives Nasdaq bid price deficiency notice; has until Jan 6, 2025 to regain compliance
Received Nasdaq notice on July 10, 2024 for failing minimum bid price of $1 per share for 30 consecutive business days.
Cineverse receives Nasdaq compliance notice after monitoring period ends
Nasdaq notified Cineverse on July 3, 2024 that it is in compliance with all listing rules.
Cineverse reports FY2024 revenue $49.1M; Adj EBITDA $4.4M vs $0.1M prior year
Revenue $49.1M, down from $68.0M; net loss $21.8M ($1.78/sh) vs $10.1M ($1.13/sh).
Cineverse enters new ATM equity facility up to $15M with A.G.P./Alliance and Benchmark
Agents: A.G.P./Alliance Global Partners and The Benchmark Company LLC; replaces prior 2020 ATM with A.G.P. and B. Riley.
Cineverse subsidiary enters $3.666M loan for 'Terrifier 3' film distribution
Loan principal up to $3,666,000; maturity April 1, 2025, extendable 120 days.
Cineverse files 8-K to furnish investor presentation; content not disclosed
Investor presentation dated March 2024 posted to company website for investor meetings.
Cineverse Board renews stock repurchase program for up to 500K shares
Board approved renewal of stock repurchase program on February 29, 2024.
Cineverse Q3 FY2024: Revenue $13.3M, direct margin 59%, Adj. EBITDA $1.8M
Total revenue $13.3M vs $27.9M prior year; net loss $2.9M ($0.22/sh) vs net income $4.9M ($0.55/sh).
Cineverse CEO reports 64% operating margin, 283% Adjusted EBITDA surge; plans new channels
Operating margin improved to 64% from 42% YoY in last reported quarter.
Cineverse announces Amagi partnership targeting low-eight-figure annual tech revenue
Partnership with Amagi (valued at $1.5B) to integrate Cineverse's Matchpoint Suite and content services for Amagi's 700+ brands.
Cineverse Q2 FY2024: Revenue $13M, EBITDA $2.4M, operating margin 64% vs 42%
Total revenue $13.0M vs $14.0M prior year; subscription revenue up 52% to $3.5M; paid subscribers up 32% to 1.24M.
John Canning left as CFO on Sep 13, 2023 upon expiration of his employment agreement.
Cineverse promotes Mark Lindsey to CFO effective Sept 14, 2023; John Canning departs
Mark Lindsey, 56, appointed CFO effective September 14, 2023; previously EVP Finance and Accounting since Nov 2022.
Cineverse Q1 FY2024: revenue $13.0M, streaming record $10.5M, net loss narrows to $3.6M
Revenue $13.0M (down 4.4% YoY); streaming/digital/podcast revenue record $10.5M, up 5.8%.
Cineverse extends East West Bank credit facility maturity to Sep 2024; adds minimum EBITDA covenant
Revolving maturity date extended to September 15, 2024 (previously Sep 2023) under Amendment No. 1.
Cineverse Q1 FY2024 rev $13.0M, operating loss narrows 40.7% to $2.7M
Total revenues $13.0M vs $13.6M YoY; streaming/digital/podcast revenue record $10.5M (+5.8%).
Cineverse regains Nasdaq $1.00 bid price compliance; subject to Panel Monitor
Regained compliance with $1.00 minimum bid price requirement for continued listing on Nasdaq Capital Market.
Full-year revenue $68.0M (+21.4% YoY); Streaming revenue $32.2M (+58.5%); Content & Entertainment $56.0M (+47.7%).
Cineverse CEO explains $8M equity raise to fund acquisitions, cites Terrifier 2 success
Closed public offering of 2,150,000 shares plus warrants for $8M gross proceeds on June 16, 2023.
Cineverse prices $8M public offering of common stock and warrants at $3.00/unit
Gross proceeds of ~$8M from sale of 2,666,667 units at $3.00/unit, each consisting of one share (or pre-funded warrant) and one common warrant.
Cineverse announces 1-for-20 reverse stock split, Nasdaq extends bid price cure to July 19
1-for-20 reverse stock split effective 12:01 a.m. ET June 9, 2023; ticker CNVS with 'D' appended for ~20 trading days.
Cineverse stockholders approve reverse stock split and authorized share reduction
Proposal 1 (reverse stock split) approved: 1.55B votes for, 355M against, 560K abstentions.
Cinedigm rebrands to Cineverse, ticker changes to CNVS
Name change to Cineverse Corp. effective May 22, 2023; stock symbol CIDM to CNVS on May 23.
Cineverse enters new employment agreements with three top executives through 2025
Opeka (CSO & President): $475k base, $356k target bonus, 300k PSUs, 1.5M SARs at $0.29.
On April 15, 2026, Cineverse Corp. (the “Company”) announced that Mark Lindsey would transition out of the Chief Financial Officer role effective as of May 10, 2026.
Pursuant to the Huidor Employment Agreement, Mr. Huidor will serve as President of Technology and Chief Product Officer of the Company.
On September 13, 2023, the Company announced that John Canning would be leaving the Company as Chief Financial Officer effective as of the expiration of his employment agreement on September 13, 2023.
On September 13, 2023, the Company also announced that John Canning will be leaving the Company as Chief Financial Officer effective as of the expiration of his employment agreement on September 13, 2023.
On September 13, 2023, the Company announced the appointment of Mark Lindsey, 56, as Chief Financial Officer, effective as of September 14, 2023.
As of September 13, 2021, Cinedigm Corp. (the “Company”) entered into an employment agreement with John Canning (the “Canning Employment Agreement”), pursuant to which Mr. Canning will serve as Chief Financial Officer of the Company.
On August 9, 2021, the Board appointed Ashok Amritraj as a director to fill the vacancy resulting from Mr. Bu’s resignation.
On August 6, 2021, Tom Bu resigned from the Board of Directors (the “Board”) of Cinedigm Corp. (the “Company”), effective immediately, to pursue other personal interests.
Max materiality 0.90 · Median 0.60 · Most common event earnings