Cinedigm Announces Agreement for Sale of 125 Digital Cinema Projection Systems
Cinedigm Corp - Class A (CIDM)
Last cinedigm corp - class a earnings: 2/13 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.cinedigm.com
Company Research
Source: GlobeNewswire
LOS ANGELES, Dec. 19, 2018 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) announced today that it has entered into an agreement for the sale of 125 digital cinema projection systems. This sale, from the Company’s Phase 1 deployment, represents a key step in the monetization of the 3,724 systems the Company owns. The Company previously sold 17 systems. Details of the transaction were not released. The Company expects to close the sale on or about January 15, 2019. Additionally, the Company is currently in the process of selecting an advisory firm with expertise in this area to monetize the remaining 3,582 equipment systems. “We are very pleased to announce this important transaction,” said Gary Loffredo, President of Digital Cinema and General Counsel, Cinedigm. “We are evaluating international and domestic opportunities to monetize our additional owned projection systems and look forward to sharing more news on this front in the near future.” Cinedigm led the entertainment indus
Show less
Read more
Impact Snapshot
Event Time:
CIDM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CIDM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CIDM alerts
High impacting Cinedigm Corp - Class A news events
Weekly update
A roundup of the hottest topics