Current Report Filing (8-k)
April 21 2023 - 5:27PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 21, 2023
Chicken Soup for the Soul Entertainment Inc. |
(Exact Name of Registrant as Specified in Charter) |
Delaware |
|
001-38125 |
|
81-2560811 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
132 E. Putnam Avenue, Floor 2W, Cos Cob, CT |
|
06807 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (855) 398-0443
N/A |
(Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2.
below):
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) |
Indicate by check mark whether
the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Ticker symbol(s) |
|
Name of each exchange on which registered |
Class A Common Stock, $0.0001 par value per share |
|
CSSE |
|
The Nasdaq Stock Market LLC |
9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.0001 par value per share |
|
CSSEP |
|
The Nasdaq Stock Market LLC |
9.50% Notes due 2025 |
|
CSSEN |
|
The Nasdaq Stock Market LLC |
Securities
registered pursuant to Section 12(g) of the Act:
Title of each class |
|
Ticker
symbol(s) |
|
Name
of each exchange on which registered |
Class W Warrants to purchase Class A Common Stock |
|
CSSEW |
|
OTC Markets |
Class Z Warrants to purchase Class A Common Stock |
|
CSSEZ |
|
OTC Markets |
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
Jonathan Katz, who joined Chicken Soup for the Soul Entertainment,
Inc. in August 2022, will transition from President of our company to Senior Advisor effective as of April 22, 2023. His services as Senior
Advisor will be provided on a month to month basis. As Senior Advisor, Mr. Katz will work closely with our management and personnel to
ensure a smooth transition of his responsibilities, while also advising senior management with respect to business operations. Mr. Katz
will be paid any bonus he earned for 2022 under the terms of his employment agreement in accordance with our company’s normal bonus
payment procedures applicable to employees.
Item 8.01 Other Events
In April 2023 Egan Jones reiterated its
rating on the Company at BBB, our Series A Perpetual Redeemable Preferred Stock (Nasdaq: CSSEP) at BBB(-) and our Senior Unsecured Notes
(Nasdaq: CSSEN) at BBB.
Item 9.01. Financial Statements and Exhibits.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated:
April 21, 2023 |
CHICKEN
SOUP FOR THE SOUL ENTERTAINMENT INC. |
|
|
|
|
By: |
/s/ William
J. Rouhana, Jr. |
|
Name: |
William J. Rouhana, Jr. |
|
Title: |
Chief Executive Officer |
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