Corsair Capital Management Reports 5.3% Passive Stake in Cineverse Corp. (CNVS)
Corsair Capital Management, L.P., along with its affiliates and controlling persons Jay R. Petschek and Steven Major, filed a Schedule 13G/A on May 15, 2026, disclosing a 5.3% stake in Cineverse Corp. (CNVS). The reporting group collectively beneficially owns 1,119,650 shares of Class A Common Stock. The holdings are distributed across several entities: Corsair Capital Partners, L.P. holds 941,121 shares (4.4%), Corsair Capital Partners 100, L.P. holds 138,697 shares (0.7%), and Corsair Capital Investors, Ltd holds 39,832 shares (0.2%). Corsair Capital Management serves as the investment manager for these funds, while Mr. Petschek and Mr. Major serve as controlling persons. This filing represents an increase from the previously reported 0.0% ownership, establishing a significant passive position in the issuer. The shares were acquired for investment purposes and not with the intent to influence or change control of the company. The calculation is based on 21,294,866 shares outstanding as of March 17, 2026.