A decade ago, Cineverse was primarily known as a purveyor of cinema equipment and technology.

Chief Strategy Officer and PresidentErick Opekasaid it made sense to consolidate our overall corporate identity under one brand.

Cinedigm shares closed last Friday near an all-time low of about 29 cents.

Cineverse

Chris McGurk and Erick OpekaCourtesy

McGurk disclosed the cure period established with market officials and regulatorsin a letter to shareholdersin March.

Our attitude is, were not going to look at the stock price, McGurk said.

WGA West building in Hollywood