Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-K/A
(Amendment No. 1)
(Mark One)
x ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal period ended: March 31, 2018
o TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from --- to ---
Commission File Number: 000-31810
___________________________________
Cinedigm Corp.
(Exact name of registrant as specified in its charter)
__________________________________
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Delaware | | 22-3720962 |
(State or Other Jurisdiction of Incorporation or Organization) | | (I.R.S. Employer Identification No.) |
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45 West 36th Street, 7th Floor, New York, NY | | 10018 |
(Address of principal executive offices) | | (Zip Code) |
(212) 206-8600
(Registrant’s telephone number, including area code)
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Securities registered pursuant to Section 12(b) of the Act: | | |
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Title of each class | | Name of each exchange on which registered |
CLASS A COMMON STOCK, PAR VALUE $0.001 PER SHARE | | NASDAQ GLOBAL MARKET |
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Securities registered pursuant to Section 12(g) of the Act: | | NONE |
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Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. | Yes o No x |
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Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act. | Yes o No x |
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Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. | Yes x No o |
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Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). | Yes x No o |
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Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. | o
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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. | o |
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Large accelerated filer o | Accelerated filer o | Non-accelerated filer o | Smaller reporting company x | Emerging growth company o |
| | (Do not check if a smaller reporting company) | | | | |
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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. o |
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). | Yes o No x | | |
The aggregate market value of the voting and non-voting common equity held by non-affiliates of the issuer based on a price of $1.45 per share, the closing price of such common equity on the Nasdaq Global Market, as of September 30, 2017, was $16,393,893. For purposes of the foregoing calculation, all directors, officers and shareholders who beneficially own 10% of the shares of such common equity have been deemed to be affiliates, but the Company disclaims that any of such persons are affiliates.
As of June 20, 2018, 35,011,984 shares of Class A Common Stock, $0.001 par value were outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
None.
EXPLANATORY NOTE
This Amendment No. 1 (the “Amendment”) to Cinedigm Corp.’s Annual Report on Form 10-K for the fiscal year ended March 31, 2018, which was filed with the SEC on June 25, 2018 (the “Original Report”), is being filed solely to include hyperlinks for exhibits incorporated by reference in Item 15. No other information included in the Original Report is changed by this Amendment.
PART IV
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES
(a)(1) Financial Statements
See Index to Financial Statements on page 36 of the Original Report.
(a)(2) Financial Statement Schedules
None.
(a)(3) Exhibits
The exhibits are listed in the Exhibit Index beginning herein.
EXHIBIT INDEX
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Exhibit Number | | Description of Document |
3.1 | ‑ | |
3.2 | ‑ | |
4.1 | ‑ | |
4.2 | ‑ | |
4.3 | ‑ | |
4.4 | ‑ | Guaranty, Pledge and Security Agreement, dated as of February 28, 2013, made by Cinedigm DC Holdings, LLC, Access Digital Media, Inc. and Access Digital Cinema Phase 2, Corp., in favor of Prospect Capital Corporation, as Collateral Agent. (16) |
4.5 | ‑ | |
4.6 | ‑ | |
4.6.1 | ‑ | Supplement No. 1 to Guaranty Agreement, dated as of July 14, 2016, among Docurama, LLC, Dove Family Channel, LLC, Cinedigm OTT Holdings, LLC, Cinedigm Productions, LLC in favor of Société Générale, as Administrative Agent. (30) |
4.7 | ‑ | |
4.7.1 | ‑ | |
4.8 | ‑ | |
4.9 | ‑ | |
4.10 | ‑ | |
4.11 | ‑ | |
4.12 | ‑ | |
4.13 | ‑ | |
4.14 | ‑ | |
4.15 | ‑ | |
4.16 | ‑ | |
4.17 | ‑ | |
4.18 | ‑ | |
4.19 | ‑ | |
4.20 | ‑ | |
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Exhibit Number | | Description of Document |
4.21 | ‑ | |
4.22 | ‑ | |
4.23 | ‑ | |
4.24 | ‑ | |
4.25 | ‑ | |
4.26 | ‑ | |
4.27 | ‑ | |
4.28 | ‑ | |
4.29 | ‑ | |
4.30 | ‑ | |
4.31 | ‑ | |
4.32 | ‑ | |
4.33 | ‑ | |
4.34 | ‑ | |
10.1 | ‑ | |
10.1.1 | ‑ | |
10.1.2 | ‑ | |
10.1.3 | ‑ | |
10.2 | ‑ | |
10.2.1 | ‑ | |
10.2.2 | ‑ | |
10.2.3 | ‑ | |
10.2.4 | ‑ | |
10.2.5 | ‑ | |
10.2.6 | ‑ | |
10.2.7 | ‑ | |
10.2.8 | ‑ | |
10.2.9 | ‑ | |
10.2.10 | ‑ | |
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Exhibit Number | | Description of Document |
10.2.11 | ‑ | |
10.2.12 | ‑ | |
10.2.13 | ‑ | |
10.2.14 | ‑ | |
10.3 | ‑ | |
10.4 | ‑ | |
10.5 | ‑ | |
10.6 | ‑ | |
10.6.1 | ‑ | |
10.6.2 | ‑ | |
10.6.3 | ‑ | |
10.6.4 | ‑ | |
10.6.5 | ‑ | |
10.6.6 | ‑ | |
10.7 | ‑ | |
10.8 | ‑ | |
10.9 | ‑ | Amendment No. 1 to Settlement Agreement, dated as of July 14, 2016, among the Company, Ronald L. Chez, the Chez Family Foundation, Sabra Investments, LP, Sabra Capital Partners, LLC, and Zvi Rhine. (30) |
10.10 | ‑ | Term Loan Agreement, dated as of February 28, 2013, by and among Cinedigm DC Holdings, LLC, Access Digital Media, Inc., Access Digital Cinema Phase 2, Corp., the Guarantors party thereto, the Lenders party thereto and Prospect Capital Corporation as Administrative Agent and Collateral Agent. (16) (Confidential treatment granted under Rule 24b-2 as to certain portions which are omitted and filed separately with the SEC.) |
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10.11 | ‑ | |
10.12 | ‑ | |
10.12.1
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10.12.2
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10.12.3 | ‑ | |
10.12.4 | ‑ | |
10.12.5 | ‑ | |
10.12.6 | ‑ | |
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Exhibit Number | | Description of Document |
10.13 | ‑ | |
10.14 | ‑ | |
10.15 | ‑ | Lease for 45 W. 36th Street, New York, NY, dated as of April 10, 2017 between 45 West 36th Street LLC and Cinedigm Corp., together with Sublease for 45 W. 36th Street, New York, NY, dated as of April 10, 2017 between NTT Data, Inc. and Cinedigm Corp. (34) |
10.16 | ‑ | |
10.17 | ‑ | |
10.18 | ‑ | |
10.19 | ‑ | |
10.19.1 | ‑ | |
10.19.2 | ‑ | |
10.20 | ‑ | |
10.21 | ‑ | Credit Agreement, dated as of October 18, 2011, among Cinedigm Digital Funding 2, LLC, as the Borrower, Société Générale, New York Branch, as Administrative Agent and Collateral Agent, Natixis New York Branch, as Syndication Agent, ING Capital LLC, as Documentation Agent, and the Lenders party thereto. (14) |
10.22 | ‑ | Multiparty Agreement, dated as of October 18, 2011, among Cinedigm Digital Funding 2, LLC, as Borrower, Access Digital Cinema Phase 2, Corp., CDF2 Holdings, LLC, Cinedigm Digital Cinema Corp., CHG-MERIDIAN U.S. Finance, Ltd., Société Générale, New York Branch, as Senior Administrative Agent and Ballantyne Strong, Inc., as Approved Vendor. (14) |
10.23 | ‑ | |
10.24 | ‑ | |
10.25 | ‑ | |
10.26 | ‑ | |
10.27 | ‑ | |
10.28 | ‑ | |
10.29 | ‑ | |
10.30 | ‑ | |
10.31 | ‑ | |
10.32 | ‑ | |
10.33 | ‑ | |
10.34 | ‑ | |
21.1 | ‑ | |
23.1 | ‑ |
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24.1 | ‑ | |
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Exhibit Number | | Description of Document |
31.1 | ‑ | |
31.2 | ‑ | |
32.1 | ‑ |
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32.2 | ‑ | |
* Filed herewith.
4821-6006-0775v.2
Documents Incorporated Herein by Reference:
(1) Previously filed with the Securities and Exchange Commission on November 4, 2003 as an exhibit to the Company's Amendment No. 3 to Registration Statement on Form SB-2 (File No. 333-107711).
(2) Previously filed with the Securities and Exchange Commission on April 25, 2005 as an exhibit to the Company's
Registration Statement on Form S-8 (File No. 333-124290).
(3) Previously filed with the Securities and Exchange Commission on September 24, 2007 as an exhibit to the Company's Form 8-K (File No. 000-51910).
(4) Previously filed with the Securities and Exchange Commission on April 3, 2008 as an exhibit to the Company's Form 8-K (File No. 000-51910).
(5) Previously filed with the Securities and Exchange Commission on May 14, 2008 as an exhibit to the Company's Form 8-K (File No. 000-51910).
(6) Previously filed with the Securities and Exchange Commission on September 10, 2008 as an exhibit to the Company's Form 8-K (File No. 000-51910).
(7) Previously filed with the Securities and Exchange Commission on February 9, 2009 as an exhibit to the Company's Form 8-K (File No. 000-51910).
(8) Previously filed with the Securities and Exchange Commission on October 6, 2009 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(9) Previously filed with the Securities and Exchange Commission on October 27, 2009 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(10) Previously filed with the Securities and Exchange Commission on September 21, 2009 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(11) Previously filed with the Securities and Exchange Commission on January 3, 2011 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(12) Previously filed with the Securities and Exchange Commission on September 16, 2010 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(13) Previously filed with the Securities and Exchange Commission on April 24, 2012 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(14) Previously filed with the Securities and Exchange Commission on October 24, 2011 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(15) Previously filed with the Securities and Exchange Commission on September 14, 2012 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(16) Previously filed with the Securities and Exchange Commission on March 4, 2013 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(17) Previously filed with the Securities and Exchange Commission on August 28, 2013 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(18) Previously filed with the Securities and Exchange Commission on October 23, 2013 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(19) Previously filed with the Securities and Exchange Commission on September 17, 2014 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(20) Previously filed with the Securities and Exchange Commission on February 12, 2015 as an exhibit to the Company's Form 10-Q for the quarter ended December 31, 2014 (File No. 001-31810).
(21) Previously filed with the Securities and Exchange Commission on April 29, 2015 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(22) Previously filed with the Securities and Exchange Commission on August 12, 2015 as an exhibit to the Company's Form 10-Q for the quarter ended June 30, 2015 (File No. 001-31810).
(23) Previously filed with the Securities and Exchange Commission on November 5, 2015 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(24) Previously filed with the Securities and Exchange Commission on June 30, 2015 as an exhibit to the Company's Form 10-K for the fiscal year ended March 31, 2015 (File No. 001-31810).
(25) Previously filed with the Securities and Exchange Commission on November 7, 2016 as an exhibit to the Company's Registration Statement on Form S-1 (File No. 333-214486).
(26) Previously filed with the Securities and Exchange Commission on September 8, 2016 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(27) Previously filed with the Securities and Exchange Commission on September 28, 2016 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(28) Previously filed with the Securities and Exchange Commission on July 14, 2016 as an exhibit to the Company's Form 10-K (File No. 001-31810).
(29) Previously filed with the Securities and Exchange Commission on August 15, 2016 as an exhibit to the Company’s Form 10-Q (File No. 001-31810).
(30) Previously filed with the Securities and Exchange Commission on July 19, 2016 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(31) Previously filed with the Securities and Exchange Commission on January 10, 2017 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(32) Previously filed with the Securities and Exchange Commission on December 23, 2016 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(33) Previously filed with the Securities and Exchange Commission on April 7, 2017 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(34) Previously filed with the Securities and Exchange Commission on June 29, 2017 as an exhibit to the Company's Form 10-K (File No. 001-31810).
(35) Previously filed with the Securities and Exchange Commission on July 11, 2017 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(36) Previously filed with the Securities and Exchange Commission on August 14, 2017 as an exhibit to the Company's Form 10-Q (File No. 001-31810).
(37) Previously filed with the Securities and Exchange Commission on September 1, 2017 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(38) Previously filed with the Securities and Exchange Commission on October 2, 2017 as an exhibit to the Company's Registration Statement on Form S-8 (File No. 333-220773).
(39) Previously filed with the Securities and Exchange Commission on November 6, 2017 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(40) Previously filed with the Securities and Exchange Commission on November 16, 2017 as an exhibit to the Company's Form 10-Q (File No. 001-31810).
(41) Previously filed with the Securities and Exchange Commission on January 2, 2018 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(42) Previously filed with the Securities and Exchange Commission on April 4, 2018 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(43) Previously filed with the Securities and Exchange Commission on June 11, 2018 as an exhibit to the Company's Form 8-K (File No. 001-31810).
(44) Previously filed with the Securities and Exchange Commission on June 25, 2018 as an exhibit to the Company's Form 10-K (File No. 001-31810).
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
CINEDIGM CORP.
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Date: | June 28, 2018 | By: | /s/ Christopher J. McGurk |
| | | Christopher J. McGurk Chief Executive Officer and Chairman of the Board of Directors (Principal Executive Officer) |
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Date: | June 28, 2018 | By: | /s/ Jeffrey S. Edell |
| | | Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) |
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Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
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SIGNATURE(S) | | TITLE(S) | | DATE |
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/s/ Christopher J. McGurk | | Chief Executive Officer | | June 28, 2018 |
Christopher J. McGurk | | and Chairman of the Board of Directors | | |
| | (Principal Executive Officer) | | |
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/s/ Jeffrey S. Edell | | Chief Financial Officer | | June 28, 2018 |
Jeffrey S. Edell | | (Principal Financial Officer and Principal Accounting Officer) | | |
* | | Director | | June 28, 2018 |
Peter C. Brown | | | | |
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* | | Director | | June 28, 2018 |
Patrick O'Brien | | | | |
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* | | Director | | June 28, 2018 |
Zvi Rhine | | | | |
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| | Director | | |
Peixin Xu | | | | |
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| | Director | | |
Peng Jin | | | | |
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*By: | /s/ Gary S. Loffredo |
| Gary S. Loffredo, Attorney-in-Fact |
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