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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): May 14, 2019

 

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: (203) 861-4000

 

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 Holdco 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

 

 

 

 

  

ITEM 8.01.OTHER EVENTS.

 

On May 14, 2019, Chicken Soup for the Soul Entertainment, Inc. (the “Company”) announced the timing for the payment of its declared regular monthly dividend, for June 2019, of $0.2031 per share of the Company’s 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.0001 (the “Series A Preferred Stock”). The dividend will be payable on June 17, 2019 to holders of record as of May 31, 2019. The dividend will be paid in cash.

 

On May 14, 2019, the Company issued a press release announcing the dividend. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

ITEM 9.01.FINANCIAL STATEMENT AND EXHIBITS.

 

(d)       Exhibits:

 

  Exhibit No.   Description
       
  99.1   Press Release, dated May 14, 2019.

 

 2 
 

 

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:   May 14, 2019 CHICKEN SOUP FOR THE SOUL  
  ENTERTAINMENT, INC.  
       
       
  By: /s/ William J. Rouhana, Jr.  
    Name: William J. Rouhana, Jr.  
    Title: Chief Executive Officer  

 

 

Exhibit 99.1

 

   

 

 

 

 

 

 

 

 

 

 

Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for June 2019 for Series A Cumulative Redeemable Perpetual Preferred Stock

 

COS COB, CT – May 14, 2019 – Chicken Soup for the Soul Entertainment, Inc. (“CSS Entertainment”) (Nasdaq: CSSE), a growing media company building online video on-demand (“VOD”) networks that provide positive and entertaining video content for all screens, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for June 2019. The dividend will be payable on June 17, 2019 to holders of record as of May 31, 2019. The dividend will be paid in cash.

 

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT

 

Chicken Soup for the Soul Entertainment, Inc. is a growing media company building online VOD networks that provide video content for all screens. CSS Entertainment also curates, produces, and distributes long- and short-form video content that brings out the best of the human spirit, and distributes online content through its wholly-owned subsidiary, A Plus. CSS Entertainment is aggressively growing its business through a combination of organic growth, licensing and distribution agreements, acquisitions, and strategic relationships. CSS Entertainment is also expanding its partnerships with sponsors, television networks, and independent producers. CSS Entertainment’s subsidiary, Screen Media, is a leading global independent television and film distribution company that owns one of the largest independently owned television and film libraries. CSS Entertainment also owns Popcornflix®, a popular online advertiser-supported VOD (“AVOD”) network, Pivotshare, a subscription-based VOD network, Truli.com, a faith-based AVOD network, and four additional AVOD networks that collectively have rights to exhibit thousands of movies and television episodes. CSS Entertainment is a subsidiary of Chicken Soup for the Soul, LLC.

 

FORWARD-LOOKING STATEMENTS

 

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks (including those set forth in the offering circular) and uncertainties which could cause actual results to differ from the forward-looking statements. CSS Entertainment expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in CSS Entertainment’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based. Investors should realize that if CSS Entertainment’s underlying assumptions for the projections contained herein prove inaccurate or if known or unknown risks or uncertainties materialize, actual results could vary materially from CSS Entertainment’s expectations and projections.

 

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INVESTOR RELATIONS

James Carbonara

Hayden IR

james@haydenir.com

(646) 755-7412

 

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
kbarrette@rooneyco.com
(212) 223-0561

  

 

www.cssentertainment.com

 @CSSEntertain www.facebook.com/chickensoupforthesoul