Cinedigm Corp. (NASDAQ:CIDM) Files An 8-K Other Events
Item 8.01Other Events.

On April 6, 2017, Cinedigm Corp. (“the Company”) was notified that the Nasdaq Listing Qualifications Panel granted the Company’s request for continued listing on The Nasdaq Global Market, which is subject to the Company evidencing compliance with the minimum market value of publicly held shares requirement of $15,000,000 by May 31, 2017. In order to satisfy the market value of publicly held shares requirement, the Company must evidence a market value of publicly held shares of at least $15,000,000 for a minimum of 10 consecutive business days.

About Cinedigm Corp. (NASDAQ:CIDM)

Cinedigm Corp. is a distributor and aggregator of independent movie, television and other short form content managing a library of distribution rights to a range of titles and episodes released across various platforms. The Company’s segments include the first digital cinema deployment (Phase I Deployment), the second digital cinema deployment (Phase II Deployment), digital cinema services (Services), and media content and entertainment group (Content & Entertainment). The Phase I Deployment and Phase II Deployment segments are the non-recourse, financing vehicles and administrators for its digital cinema equipment (the Systems) installed in movie theatres. The Services segment provides fee-based support to over 12,000 movie screens in its Phase I Deployment and Phase II Deployment segments. Its Content & Entertainment segment is engaged in ancillary market aggregation and distribution of entertainment content, and branded and curated over-the-top (OTT) digital network business.

Cinedigm Corp. (NASDAQ:CIDM) Recent Trading Information

Cinedigm Corp. (NASDAQ:CIDM) closed its last trading session up +0.09 at 1.48 with 531,099 shares trading hands.