Cinedigm (CIDM) Announces $8 Million Registered Direct Offering of Common Stock
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Cinedigm Corp. Announces $8 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
May 20, 2020 3:49 PM EDTLOS ANGELES, May 20, 2020 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) (Cinedigm or the Company), today announced it has entered into definitive agreements with investors for the purchase and sale of 10,666,666 shares of its common stock at a purchase price of $0.75 per share in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about May 22, 2020, subject to the satisfaction of customary closing conditions.
The Benchmark Company LLC and A.G.P./Alliance Global Partners are acting as co-lead... More
Cinedigm Expands US Distribution Via Launch of CONtv, Dove Channel, Comedy Dynamics & Docurama on Amazon’s IMDb TV
May 20, 2020 9:01 AM EDTFurther expands the rapid growth and reach of Cinedigms ad-supported, linear streaming business
LOS ANGELES, May 20, 2020 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) announced today that IMDb TV is now offering Cinedigms free ad-supported linear channels CONtv, Dove Channel, Comedy Dynamics and Docurama.
The launch of these four... More
