-+ 0.00%
-+ 0.00%
-+ 0.00%

Cineverse unit secures term loan up to 3.13 million from BondIt LLC for Pan’s Labyrinth re-release

PUBT·09/04/2026 20:31:07
Listen to the news
Cineverse unit secures term loan up to 3.13 million from BondIt LLC for Pan’s Labyrinth re-release
  • Cineverse unit Cineverse Pans entered a loan and security agreement with BondIt on Aug. 31, dated Aug. 28.
  • Term loan principal up to USD 3.13 million; maturity Oct. 26, 2027.
  • Minimum interest commitment USD 179,000 through the seven-month anniversary; monthly interest 1.39% thereafter.
  • Proceeds target Pan’s Labyrinth re-release costs, 3D conversion, reimbursement of licensor advances, partial paydown of East West Bank facility.
  • Loan secured by first-priority rights in the film and distribution agreements; Cineverse guarantee capped at USD 2.34 million, subordinated to East West Bank.
  • Post-repayment royalty of 11.25% of specified receipts until BondIt receives up to 1.75x principal and interest paid.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cineverse Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-383714), on September 04, 2026, and is solely responsible for the information contained therein.