Edition:
United Kingdom

Cinedigm Entered Into A Common Stock Purchase Agreement With Bison Entertainment And Media Group


Monday, 15 Jul 2019 

July 15 (Reuters) - Cinedigm Corp ::CINEDIGM CORP - ENTERED INTO A COMMON STOCK PURCHASE AGREEMENT WITH BISON ENTERTAINMENT AND MEDIA GROUP.CINEDIGM - AGREED TO SELL TO BEMG 2 MILLION SHARES FOR $3 MILLION.CINEDIGM CORP - ISSUED A SUBORDINATED CONVERTIBLE NOTE TO BISON GLOBAL PURSUANT TO WHICH CO BORROWED FROM BISON GLOBAL $10.0 MILLION.CINEDIGM CORP - PROCEEDS OF CONVERTIBLE NOTE WERE USED TO REPAY 2018 LOAN.. 

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