Current Report Filing (8-k)
February 10 2021 - 11:40AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
February 9, 2021
(Date of earliest event reported)
Cinedigm
Corp.
(Exact name of registrant as specified in
its charter)
Delaware
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001-31810
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22-3720962
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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237 West 35th Street, Suite 605, New York, New York
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10001
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(Address of principal executive offices)
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(Zip Code)
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212-206-8600
(Registrant’s telephone number, including
area code)
(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 ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transmission 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
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Trading Symbol(s)
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Name of each exchange on which registered
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Class A Common Stock
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CIDM
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Nasdaq Global Market
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Item 1.02
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Termination of Material Definitive Agreement.
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On February 9, 2021, Cinedigm Corp. (the “Company”)
prepaid all of the outstanding obligations in respect of principal, interest, fees and expenses under the Second Lien Loan Agreement,
dated as of July 14, 2016 (as amended, amended and restated, supplemented or otherwise modified, the “Second Lien
Loan Agreement”), among the Company, certain lenders and Cortland Capital Market Services LLC. The payoff amount of approximately
$3.18 million was comprised of (i) $3.1 million of principal, (2) accrued payment-in-kind interest of $.018 million,
(3) accrued current interest of $0.007 million, and (4) fees and expenses of $0.004 million. Upon such prepayment, the
Second Lien Loan Agreement was terminated effective February 9, 2021.
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 thereunto duly authorized.
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CINEDIGM CORP.
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Dated: February 10, 2021
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By:
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/s/ Gary S. Loffredo
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Gary S. Loffredo
President, Chief Operating Officer, General Counsel and Secretary
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