Cineverse Acquires IndiCue for $22M; Issues $13M Notes and $3M Share Offering

Acquisition strengthens Cineverse's ad-monetization backbone

Cineverse Corp. announces it is acquiring IndiCue Inc., a connected television (CTV) monetization platform, for $22 million in cash and shares, a deal the company expects to consummate on or about Feb. 13, 2026. The company says IndiCue supplies publishers and streaming operators with infrastructure to manage, optimize and grow advertising revenue across CTV deployments. Cineverse describes the acquisition as complementary to its Matchpoint® AI-powered ecosystem for preparing, distributing and monetizing content across platforms.

The deal is aimed at bolstering Cineverse’s ability to capture advertising yield within the fragmented streaming landscape, where publishers seek tools for dynamic ad insertion, programmatic demand and measurement. Cineverse highlights IndiCue’s ability to centralize ad operations and says integrating that capability into Matchpoint can streamline ad decisioning across its catalogue of more than 71,000 films, series and podcasts and the company’s roster of digital properties serving fandom audiences. Executives position the move as a way to offer studios and distributors an end-to-end workflow that ties content preparation to revenue optimization.

Operationally, Cineverse frames the acquisition as a strategic step to deepen direct relationships with streaming operators and advertisers while accelerating deployment of ad monetization features across its distribution channels. The company notes the transaction is subject to customary adjustments and cautions that forward‑looking statements appear in its SEC filings. Cineverse says proceeds and financing steps tied to the deal are intended to support technology and content initiatives, including continued development and deployment of Matchpoint.

Convertible notes complete near-term funding

Cineverse also says it is issuing $13 million of convertible notes to certain investors, a financing it intends in part to use to fund the IndiCue purchase and for general corporate purposes. The notes bear 9% interest, have a four‑year term and are convertible into common stock; the company reports the sale is consummated as of Feb. 6, 2026.

Equity offering slated to add capital

Separately, Cineverse launches an underwritten public offering of 1.5 million Class A shares at $2.00 per share, with The Benchmark Company acting as sole underwriter and a 30‑day option for an additional 15%. The company expects gross proceeds of roughly $3.0 million before expenses and says the offering is subject to customary closing conditions and regulatory filings.