Cineverse expands existing credit line with east west bank to $7.5 million

Ensures the streaming tech and entertainment company will continue to be well-positioned financially los angeles , feb. 12, 2024 /prnewswire/ -- cineverse corp. (nasdaq: cnvs), a global streaming technology and entertainment company with one of the world's largest portfolios of streaming channels and content libraries, today announced that it has expanded its line of credit from east west bank to $7.5 million. "we are pleased to have closed this expanded credit facility, further strengthening our balance sheet without any equity dilution.
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