Cineverse (CNVS) Announces 1:20 Reverse Stock Split

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Cineverse Announces 1-for-20 Reverse Stock Split

June 8, 2023 8:30 AM EDT

LOS ANGELES, June 8, 2023 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and streaming content libraries, today announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company's issued and outstanding Class A common stock (the "Reverse Stock Split"). The Reverse Stock Split will go into effect at 12:01 a.m. Eastern Time on June 9, 2023. The... More