Cinedigm (CIDM) Reports Q4 Revs of $19.6M

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Go back to Cinedigm (CIDM) Reports Q4 Revs of $19.6M

Cinedigm (CIDM) to Resume Trading at 4:35 PM ET

June 29, 2017 4:30 PM EDT

Cinedigm (NASDAQ: CIDM) to Resume Trading at 4:35 PM ET

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Cinedigm (CIDM) Reports Significant Strategic Investment from Bison Capital

June 29, 2017 4:09 PM EDT

Cinedigm Corp. (NASDAQ: CIDM) (the Company or Cinedigm) today announced that on June 29, 2017, the Company entered into a Stock Purchase Agreement with Bison Entertainment Investment Limited, the wholly owned subsidiary of Bison Holding Company Ltd. (Bison Capital). The Company has agreed to sell to Bison Capital 20,000,000 shares (the Shares) of Cinedigms Class A common stock, par value $0.001 per share (the Class A Common Stock), for an aggregate purchase price of up to $30,000,000, of which up to 400,000 of the Shares may be sold to members of management instead of Bison Capital. The Company is also in advanced... More