Cineverse Expands Existing Line of Credit Facility with East West Bank to $15 Million with a Three-Year Term
Additional Capital Ensures Cineverse will be Well-Positioned Moving Forward as it Continues to Invest in Content to Build Off its Recent Box Office Success LOS ANGELES, April 9, 2025 /PRNewswire/ -- Cineverse Corp. (Nasdaq: CNVS) ("Cineverse", "us", "our", "we", and the "Company"), a next-generation entertainment studio, today announced that it has expanded the size of its existing line of credit facility with Pasadena-based East West Bank from 12.5 million, expandable to $15 million, and e ...