SEC Form 4 · accession 0000899243-18-000033
Cineverse Corp. · CNVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peixin Xu
Director · 10% Owner
Period of report
Dec 29, 2017
Accepted (ET)
Jan 2, 2018 · 12:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001173204
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | holding | — | — | — | 19,666,667 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (right to buy)F2,F1 | $1.80 | Dec 29, 2017 | J | 1,400,000 | A | Dec 29, 2017 | Dec 29, 2022 | Class A Common Stock | 1,400,000 | 1,400,000 | I |
Explanation of responses
- F1The Reporting Person is the spouse of the sole owner of Bison Capital Holding Company Limited, which indirectly owns 19,666,667 shares of Class A Common Stock of the company through Bison Entertainment Investment Limited, a wholly owned subsidiary of Bison Entertainment and Media Group ("BEMG"), which is wholly owned by Bison Capital Holding Company Limited.
- F2Warrants held by BEMG. The warrants to purchase up to 1,400,000 shares of Class A Common Stock of the Company were issued by Cinedigm Corp. (the "Company") to BEMG on December 29, 2017 in connection with its agreement to make a loan to the Company in the principal amount of US$10,000,000.00.