LOS ANGELES, Nov. 5, 2024 /PRNewswire/ — Cineverse (NASDAQ: CNVS), an cutting edge streaming leisure and era corporate, nowadays introduced that it has leased Rey Puentenegra as Vice President, Company Controller. Leveraging over two decades of blended revel in around the Trade, Audit and Regulatory Sectors, Puentenegra will observe all monetary and accounting purposes throughout Cineverse’s whole trade. He’s going to top day by day operations of the accounting branch generation taking possession of company accounting, regulatory and fiscal reporting, audit preparation, and the continuous building of inner keep watch over insurance policies and procedures. Puentenegra’s appointment is efficacious in an instant, and he’ll file immediately to Mark Lindsey, Eminent Monetary Officer of Cineverse.
For greater than twenty years, Puentenegra has been liable for monetary and accounting control, SEC reporting and technical accounting, IPO and SPAC consulting, and procedure programs implementation and optimization throughout people and personal corporations, Weighty 4 accounting companies, and the Family Corporate Accounting Oversight Board (PCAOB). Previous to becoming a member of Cineverse, Puentenegra served as Controller at YOUNGLA, a health and way of life attire e-commerce corporate, the place he oversaw the finance and accounting crew in addition to controlled an out of doors accounting company and the corporate’s number one banking dating. He was once liable for creating and imposing the preliminary finance operations construction along with the corporate’s Endeavor Useful resource Making plans. All the way through his profession, Puentenegra has served in finance and accounting roles for KPMG, PricewaterhouseCoopers (PwC), Studying World, International Eagle Leisure, Company Finance Crew, XOS, and Spatial Genomics. As Inspections Specialist at PCAOB, he inspected the audits of the Weighty 4 and mid-tier companies in each the U.S. and international jurisdictions.
In connection along with his becoming a member of the Corporate, Puentenegra won store esteem rights (the “SARs”) for 85,000 stocks of Cineverse’s Magnificence A Usual Hold (the “Common Stock”), having a ten-year time period and an workout worth equivalent to $2.74, and vesting 1/3 on November 4 of each and every of 2025, 2026 and 2027. The provide of SARs is an inducement provide pursuant to NASDAQ record Rule 5635(c)(4).
ABOUT CINEVERSE
On a project to uplift storytellers and entertain fanatics with the facility of era, Cineverse (NASDAQ: CNVS) distributes over 71,000 top class movies, order, and podcasts. Attractive over 150 million distinctive per 30 days customers, Cineverse delivers a couple of billion mins of curated content material each and every hour – connecting fanatics with tales that resonate.
With houses just like the box office sensation, Terrifier 3, iconic horror vacation spot, Bloody Disgusting, the Bob Ross Channel, ladies’s leisure channel Dove, and a chief podcast community, Cineverse is the primary cancel for audiences in search of unique and experiential content material. From a colourful lineup of titles and fandom channels, to next-gen promoting choices and streaming answers, Cineverse is atmosphere the level for a brandnew hour of leisure.
Contacts:
For Media
The Lippin Crew for Cineverse, [email protected]
For Traders
Julie Milstead, [email protected]
SOURCE Cineverse Corp.
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