We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Chicken Soup for the Soul Entertainment Inc | NASDAQ:CSSE | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.1055 | 0.07 | 0.0722 | 0 | 00:00:00 |
From Mar 2023 to Mar 2025
By Will Feuer
Chicken Soup for The Soul Entertainment said it is suspending the payment of monthly cash dividends on its series A preferred stock as the Redbox owner looks to preserve cash and lift its stock price.
The company said in a securities filing that the suspension will defer about $1.2 million in dividend payments each month.
Chicken Soup also said it plans to make a roughly $1.1 million special payment on its notes due 2025. The company said that represents all accrued and unpaid interest that was due and not paid to the noteholders on the original interest payment due date of Jan. 2.
The company has received notices from the Nasdaq that it is not in compliance with listing rules because both its stock price and market value are too low. The company's stock price has been struggling since its 2022 takeover of DVD-rental kiosk company Redbox, an acquisition that saddled Chicken Soup with debt.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 10, 2024 18:55 ET (23:55 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
1 Year Chicken Soup for the Sou... Chart |
1 Month Chicken Soup for the Sou... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
