Source-grounded facts extracted from National CineMedia, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
National CineMedia, Inc. terminated Exhibitor Services Agreement with Regal Cinemas, Inc. valued at termination of the Exhibitor Services Agreement and waiver of claims (effective 2023-06-30).
“Pursuant to a separate termination agreement (the “Termination Agreement”), the Exhibitor Services Agreement, between NCM LLC and Regal (the “ESA”), will be rejected by Regal and will be deemed terminated.”
National CineMedia, Inc. entered into Network Affiliate Transaction Agreement with Regal Cinemas, Inc. valued at exclusive right to provide on-screen advertisements at Regal's theaters for a term of ten years in e (effective 2023-06-30).
“The Advertising Agreement provides that NCM LLC will acquire the exclusive right to provide on-screen advertisements at Regal’s theaters for a term of ten years in exchange for payments based on the attendance at Regal’s theaters and the revenue generated by NCM LLC through advertising displayed in Regal’s theaters.”
National CineMedia, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1)).
“April 27, 2023, the Company received a determination letter (the “April 27 Letter”) from Nasdaq advising the Company that Nasdaq had determined that the Company had not regained compliance with the Bid Price Rule by the required date of April 26, 2023. The April 27 Letter indicated that the Company’s compliance with the Bid Price Rule would be addressed at the Company’s previously scheduled hearing on May 25, 2023, which will now address the Bid Price Rule and National CineMedia, LLC’s (the Company’s consolidated subsidiary) voluntary petition for reorganization. The hearing will delay the pot”
National CineMedia, Inc. received a nasdaq delisting notice notice regarding other (rules 5100).
“April 19, 2023, National CineMedia, Inc (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that as a result of National CineMedia, LLC filing a voluntary petition for reorganization under Chapter 11 of title 11 of the United States Code in the U.S. Bankruptcy Court for the Southern District of Texas on April 12, 2023, as previously disclosed, and in accordance with Nasdaq Listing Rule 5100, the Nasdaq Staff determined that the Company is a “public shell” and that continued listing of the Company’s common stock is no longer warranted. The letter advises tha”
National CineMedia, Inc. reported Q4 2022 results: revenue $91.7 million.
“Based on preliminary unaudited Q4 2022 results, NCM Inc. expects to report total revenue growth of 44.4% to $91.7 million”
National CineMedia, Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2023-04-11).
“On April 11, 2023, National CineMedia, LLC (“NCM LLC”), the operating company for National CineMedia Inc., (“NCM, Inc.” or the “Company”), filed a voluntary petition for reorganization (the “Chapter 11 Case”) in the United States Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) seeking relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”).”
National CineMedia, Inc. entered into Restructuring Support Agreement with NCM LLC and certain holders (the "Consenting Creditors") of (A) revolving and term loan claims under the 2018 Credit Agreement and the 2022 Revolving Credit Agreement, (B) 5.875% Senior Secured Notes due 2028, and (C) 5.750% Senior Unsecured Notes due 2026 (effective 2023-04-11).
“On April 11, 2023, NCM, Inc. entered into a restructuring support agreement (the “Restructuring Support Agreement”) with NCM LLC and certain holders (the “Consenting Creditors”) of (A) revolving and term loan claims under (i) that certain Credit Agreement, dated as of June 20, 2018 among NCM, LLC as Borrower, JPMorgan Chase Bank, N.A. (“JPM”) in its capacity as administrative agent, and the lenders party thereto (as amended, supplemented or otherwise modified from time to time, the “2018 Credit Agreement”); and (ii) that certain Revolving Credit Agreement dated as of January 5, 2022 among NCM, LLC as Borrower, JPM in its capacity as administrative agent, and the lenders party thereto (as amended, supplemented or otherwise modified from time to time, the “2022 Revolving Credit Agreement”), (B) 5.875% Senior Secured Notes due 2028 (the “Secured Notes”) issued by NCM, LLC pursuant to that certain Indenture dated as of October 8, 2019 and Computershare Trust Company, National Association (”
National CineMedia, Inc. amended Credit Agreement Amendment with JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-03-31).
“On March 31, 2023, NCM LLC as the Borrower, entered into Amendment No. 5 (the “Credit Agreement Amendment”) to its Credit Agreement, dated as of June 20, 2018, among the Borrower, the several banks and other financial institutions or entities from time to time parties thereto, and JPMorgan Chase Bank, N.A., as administrative agent, as previously amended (the “Credit Agreement”).”
National CineMedia, Inc. amended Second Supplemental Indenture with Computershare Trust Company, N.A., as Trustee (effective 2023-03-31).
“On March 31, 2023, National CineMedia, LLC (“NCM LLC”) entered into a Second Supplemental Indenture (the “Supplemental Indenture”) to the Indenture, dated as of August 19, 2016 (the “Indenture”) relating to NCM LLC’s 5.75% Senior Notes due 2026 (the “Notes”) with Computershare Trust Company, N.A., as Trustee.”
National CineMedia, Inc. amended First Supplemental Indenture with Computershare Trust Company, N.A. (effective 2023-03-15).
“On March 15, 2023, National CineMedia, LLC (“NCM LLC”) entered into a First Supplemental Indenture (the “Supplemental Indenture”) to the Indenture, dated as of August 19, 2016 (the “Indenture”) relating to NCM LLC’s 5.75% Senior Notes due 2026 (the “Notes”) with Computershare Trust Company, N.A., as Trustee.”
National CineMedia, Inc. amended Amendment No. 1 to Revolving Credit Agreement with Wilmington Savings Fund Society, FSB valued at Addback of specified professional fees paid by the Borrower during the period of January 6, 2023 thr (effective 2023-01-17).
“On January 17, 2023, National CineMedia, LLC (the “Borrower”) entered into (i) Amendment No. 4 (the “Credit Agreement Amendment”) to its Credit Agreement, dated as of June 20, 2018, among the Borrower, the several banks and other financial institutions or entities from time to time parties thereto, and JPMorgan Chase Bank, N.A., as administrative agent, as previously amended (the “Credit Agreement”) and (ii) Amendment No. 1 to its Revolving Credit Agreement dated as of January 5, 2022, among the Borrower, lender parties thereto and Wilmington Savings Fund Society, FSB, as administrative agent (the “Revolving Credit Agreement Amendment”). The Credit Agreement Amendment and Revolving Credit Agreement Amendment provide for the addback of specified professional fees paid by the Borrower during the period of January 6, 2023 through the date the Borrower delivers a compliance certificate for the quarter ending on or about December 28, 2023, when calculating the sum of unrestricted cash on ha”
National CineMedia, Inc. amended Amendment No. 4 to Credit Agreement with JPMorgan Chase Bank, N.A. valued at Addback of specified professional fees paid by the Borrower during the period of January 6, 2023 thr (effective 2023-01-17).
“On January 17, 2023, National CineMedia, LLC (the “Borrower”) entered into (i) Amendment No. 4 (the “Credit Agreement Amendment”) to its Credit Agreement, dated as of June 20, 2018, among the Borrower, the several banks and other financial institutions or entities from time to time parties thereto, and JPMorgan Chase Bank, N.A., as administrative agent, as previously amended (the “Credit Agreement”) and (ii) Amendment No. 1 to its Revolving Credit Agreement dated as of January 5, 2022, among the Borrower, lender parties thereto and Wilmington Savings Fund Society, FSB, as administrative agent (the “Revolving Credit Agreement Amendment”). The Credit Agreement Amendment and Revolving Credit Agreement Amendment provide for the addback of specified professional fees paid by the Borrower during the period of January 6, 2023 through the date the Borrower delivers a compliance certificate for the quarter ending on or about December 28, 2023, when calculating the sum of unrestricted cash on ha”
National CineMedia, Inc. entered into Receivables Sales Agreement with National CineMedia, LLC valued at approximately $4.9 million (effective 2022-12-28).
“On December 28, 2022, National CineMedia, LLC ("NCM LLC") and National CineMedia, Inc. ("NCM, Inc." or "The Company") entered into a Receivables Sales Agreement pursuant to which, NCM, Inc. acquired the right to approximately $4.9 million of NCM LLC’s accounts receivable at a purchase price equal to the book value of the accounts receivable in exchange for a cash payment.”
National CineMedia, Inc. reported fiscal third quarter ended September 29, 2022 results: revenue Total revenue for the third quarter ended September 29, 2022 increased 71.9% to $54.5 million as compared to $31.7 milli, net income Net loss for the third quarter of 2022 was $8.9 million, or $0.11 per diluted share, compared to net loss of $15.2 milli, EPS Net loss for the third quarter of 2022 was $8.9 million, or $0.11 per diluted share, compared to net loss of $15.2 milli.
“Total revenue for the third quarter ended September 29, 2022 increased 71.9% to $54.5 million as compared to $31.7 million for the comparable quarter last year.”
National CineMedia, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
“October 28, 2022, National CineMedia, Inc (the “Company”) received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Global Market, as set forth in Listing Rule 5450(a)(1) (the “Bid Price Rule”). In accordance with Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until April 26, 2023, to regain compliance with the Bid Price Rule. To regain compliance, the closing bid price of the Company’s common stock must meet or exceed $1.00”
Renana Teperberg resigned as Director at National CineMedia, Inc..
“On September 7, 2022, Renana Teperberg notified National CineMedia, Inc. (“NCM, Inc.” or “the Company”) of her resignation from the Company’s Board of Directors, effective immediately.”
Ronnie Y. Ng was appointed as Chief Financial Officer at National CineMedia, Inc..
“Effective September 27, 2021 (the “Effective Date”), the Board of Directors of National CineMedia, Inc. (the “Company”) appointed Ronnie Y. Ng, 42, to serve as the Company’s Chief Financial Officer (“CFO”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.