{"url_path":"/sec/cnvs/10-k/2026/item-5","section_key":"item-5","section_title":"Item 5 MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/1173204/0001193125-26-284027-index.html","accession_number":"0001193125-26-284027","cik":"0001173204","ticker":"CNVS","issuer_name":"Cineverse Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1173204/0001193125-26-284027-index.html","primary_entity_key":"0001173204","primary_entity_name":"Cineverse Corp."},"word_count":463,"has_tables":true,"body_markdown":"ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES\n\n \n\nCOMMON STOCK\n\n \n\nOur Common Stock trades publicly on Nasdaq, under the trading symbol “CNVS”. The following table shows the high and low sales prices per share of our Common Stock as reported by Nasdaq for the periods indicated:\n\n \n\n \n\n \n\nFor the Fiscal Year Ended March 31,\n\n \n\n \n\n \n\n2026\n\n \n\n \n\n2025\n\n \n\n \n\n \n\nHIGH\n\n \n\n \n\nLOW\n\n \n\n \n\nHIGH\n\n \n\n \n\nLOW\n\n \n\nApril 1 – June 30\n\n \n\n$\n\n5.31\n\n \n\n \n\n$\n\n2.24\n\n \n\n \n\n$\n\n1.48\n\n \n\n \n\n$\n\n0.79\n\n \n\nJuly 1 – September 30\n\n \n\n$\n\n7.39\n\n \n\n \n\n$\n\n3.20\n\n \n\n \n\n$\n\n1.10\n\n \n\n \n\n$\n\n0.74\n\n \n\nOctober 1 – December 31\n\n \n\n$\n\n3.55\n\n \n\n \n\n$\n\n1.95\n\n \n\n \n\n$\n\n3.99\n\n \n\n \n\n$\n\n0.97\n\n \n\nJanuary 1 – March 31\n\n \n\n$\n\n3.44\n\n \n\n \n\n$\n\n1.77\n\n \n\n \n\n$\n\n4.74\n\n \n\n \n\n$\n\n3.16\n\n \n\nThe reported closing price per share of our Common Stock as reported by Nasdaq on June 19, 2026 was $2.97 per share. As of June 19, 2026, there were 61 holders of record of our Common Stock, not including beneficial owners of our Common Stock whose shares are held in the names of various dealers, clearing agencies, banks, brokers and other fiduciaries.\n\n \n\nDIVIDEND POLICY\n\nWe have never paid any cash dividends on our Common Stock and do not anticipate paying any on our Common Stock in the foreseeable future. Any future payment of dividends on our Common Stock will be in the sole discretion of our Board of Directors.\n\nThe holders of our Series A 10% Non-Voting Cumulative Preferred Stock are entitled to receive dividends. There were $356 thousand of cumulative dividends in arrears on our Preferred Stock as of March 31, 2026.\n\n \n\nPURCHASE OF EQUITY SECURITIES\n\nIn connection with the settlement in fiscal year 2024 of the Company’s fiscal year 2023 employee bonuses, the Company paid cash for the bonus-related payroll taxes upon the surrender to the Company by the employees of 222,761 shares to the Company.\n\n \n\nOn February 29, 2024, the Board approved the renewal of the Company's stock repurchase program to purchase up to an aggregate of 500,000 shares of its outstanding Common Stock. Acquisitions pursuant to the stock repurchase program may be made through a combination of open market repurchases in compliance with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended, privately negotiated transactions, and/or other transactions at the Company’s discretion. The stock repurchase program, which is subject to certain consents, will expire on March 1, 2025 unless otherwise modified by the Board at any time in its sole discretion. Subsequently, on February 28, 2025, the Board approved the renewal for another year, at which time it expired on March 31, 2026.\n\n \n\nIn May 2024, the Company entered into 10b5-1 and 10b-18 trading plans with B. Riley Securities, Inc. The 10b-18 plan expired on May 8, 2025 and the 10b5-1 plan expired on May 31, 2024."}