Chicken Soup for the Soul Entertainment, INC

Market Movers (8-K)

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Chicken Soup for the Soul Entertainment's board of directors and subsidiary boards have been removed without cause by a majority shareholder via written consent.
Worse than expected
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Chicken Soup for the Soul Entertainment secured a forbearance agreement with its lenders and is pursuing strategic transactions to raise $175 million in working capital.
Worse than expected
Delay expected
Capital raise
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Chicken Soup for the Soul Entertainment has entered into an agreement to raise $175 million in working capital and prepay $75 million of its existing debt.
Worse than expected
Capital raise
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Chicken Soup for the Soul Entertainment is facing potential delisting from the Nasdaq due to a late annual report, low stock prices, and unpaid fees, but has filed the report and is seeking to regain compliance.
Worse than expected
Delay expected
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Chicken Soup for the Soul Entertainment will make a special payment of $1,074,042.20 on April 30, 2024, to cover all accrued and unpaid interest on its 9.50% Notes due 2025.
Worse than expected
Delay expected
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Chicken Soup for the Soul Entertainment Inc. has received a delisting notice from Nasdaq after failing to maintain a minimum share price of $1, and is also non-compliant with other listing rules.
Worse than expected

Quarterly Earnings (10-Q)

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Chicken Soup for the Soul Entertainment's Q1 2024 results reveal a significant revenue decline and ongoing concerns about the company's ability to continue as a going concern, despite efforts to secure additional financing and restructure debt.
Delay expected
Capital raise
Worse than expected
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Chicken Soup for the Soul Entertainment, Inc. filed an amendment to its Q3 2023 quarterly report (Form 10-Q/A) solely to correct the wording in the certifications related to internal control over financial reporting.

Annual Reports (10-K)

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Chicken Soup for the Soul Entertainment has filed an amendment to its annual report on Form 10-K, restating sections related to directors, executive compensation, and related matters.
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Chicken Soup for the Soul Entertainment's 10-K filing outlines the company's capital structure, voting rights, and financial obligations, including details on common and preferred stock, warrants, and debt.
Delay expected
Capital raise
Worse than expected