Filing Details

Accession Number:
0001213900-20-013156
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-20 19:06:11
Reporting Period:
2020-04-15
Accepted Time:
2020-05-20 19:06:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1173204 Cinedigm Corp. CIDM Services-Video Tape Rental (7841) 223720962
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1794561 Spc Investment Global Bison 40 Liangmaqiao Road,
21St Century Plaza B-609
Beijing F4 100125
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2020-04-15 8,224,114 $0.00 8,224,114 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Convertible Note Acquisiton 2020-04-15 1 $10,000,000.00 6,666,667 $1.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,666,667 2020-04-15 2021-03-04 No 4 P Direct
Footnotes
  1. Representing 8,224,114 shares of Class A Common Stock of Cinedigm Corp.(the "Company") that the Reporting Person acquired pursuant to a stock purchase agreement (the "April Stock Purchase Agreement") among the Company and five shareholders of Starrise Media Holdings Limited, a leading Chinese entertainment company ("Starrise") including the Reporting Person to buy an aggregate of 223,380,000 outstanding ordinary shares of Starrise from such sahreholders and for the Company to issue to them an aggregate of 29,855,081 shares of its Class A common stock in consideration therefor (the "April Share Acquisition"). On April 15, 2020, the April Share Acquisition was consummated.
  2. Representing 6,666,666 shares of Class A Common Stock underlying a convertible note issued by the Company to Bison Global Investment SPC for and on behalf of Global Investment SPC-Bison Global No. 1dated July 12, 2019, in the principal amount of $10,000,000, convertible into shares of Class A Common Stock at $1.50 per share. On April 15, 2020, the Company executed a letter amendment to the Note. Among other things, the Letter Amendment amended the Bison Note, effective as of March 4, 2020, to change the maturity date of the note to March 4, 2021.