| Item 1. | |
| (a) | Name of issuer:
Cineverse Corp. |
| (b) | Address of issuer's principal executive offices:
224 W. 35th St., Suite 500 #947, New York, NY 10001 United States |
| Item 2. | |
| (a) | Name of person filing:
The names of the persons filing this statement on Schedule 13G (collectively, the "Reporting Persons") are:
* Corsair Capital Partners, L.P. ("Corsair Capital")
* Corsair Capital Partners 100, L.P. ("Corsair 100")
* Corsair Capital Investors, Ltd ("Corsair Investors")
* Corsair Capital Management, L.P. ("Corsair Management")
* Jay R. Petschek ("Mr. Petschek") and
* Steven Major ("Mr. Major") |
| (b) | Address or principal business office or, if none, residence:
The principal business address for each of Corsair Capital, Corsair 100, Corsair Management, Mr. Petschek and Mr. Major is 18 East 48th Street, 20th Floor, New York, NY 10017.
The principal business address for Corsair Investors is M&C Corporate Services Ltd, Box 309, George Town, Cayman Islands KY1-1104. |
| (c) | Citizenship:
Each of Corsair Capital, Corsair 100, and Corsair Management is a limited partnership formed under the laws of the State of Delaware. Corsair Investors is an exempted company formed under the laws of the Cayman Islands. Each of Mr. Petschek and Mr. Major is a citizen of the United States. |
| (d) | Title of class of securities:
Class A Common Stock, $0.001 par value per share ("Common Stock") |
| (e) | CUSIP No.:
|
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
|
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
|
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
|
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
|
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
|
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
|
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
|
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
|
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
|
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
|
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
|
| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
Collectively, the Reporting Persons beneficially own 1,119,650 shares of Common Stock.
* Corsair Capital individually owns 941,121 shares of Common Stock.
* Corsair 100 individually owns 138,697 shares of Common Stock.
* Corsair Investors individually owns 39,832 shares of Common Stock.
* Corsair Management, as the investment manager of each of Corsair Capital, Corsair 100, and Corsair Investors is deemed to beneficially own 1,119,650 shares of Common Stock.
* Mr. Petschek, as a controlling person of Corsair Management, is deemed to individually beneficially own 1,119,650 shares of Common Stock.
* Mr. Major, as a controlling person of Corsair Management, is deemed to individually beneficially own 1,119,650 shares of Common Stock. |
| (b) | Percent of class:
Collectively, the Reporting Persons beneficially own 1,119,650 shares of Common Stock,, representing approximately 5.3% of the Issuer's outstanding Common Stock, based on 21,294,866 shares outstanding as of March 17, 2026 as reported in the Issuer's Form S-3, filed with the Securities and Exchange Commission on March 17, 2026.
Corsair Capital's individual ownership of 941,121 shares of Common Stock represents 4.4% of all the outstanding shares of Common Stock.
Corsair 100's individual ownership of 138,697 shares of Common Stock represents 0.7% of all the outstanding shares of Common Stock.
Corsair Investors' individual ownership of 39,832 shares of Common Stock represents 0.2% of all the outstanding shares of Common Stock.
Corsair Management's beneficial ownership of 1,119,650 shares of Common Stock represents 5.3% of all the outstanding shares of Common Stock.
The 1,119,650 shares of Common Stock deemed to be beneficially owned by Mr. Petschek represents 5.3% of all the outstanding shares of Common Stock.
The 1,119,650 shares of Common Stock deemed to be beneficially owned by Mr. Major represents 5.3% of all the outstanding shares of Common Stock. |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
Not Applicable
|
| | (ii) Shared power to vote or to direct the vote:
Corsair Capital, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 941,121 shares of common Stock owned by Corsair Capital.
Corsair 100, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 138,697 shares of common Stock owned by Corsair 100.
Capital Investors, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 39,832 shares of common Stock owned by Corsair Investors
|
| | (iii) Sole power to dispose or to direct the disposition of:
Not Applicable
|
| | (iv) Shared power to dispose or to direct the disposition of:
Corsair Capital, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 941,121 shares of common Stock owned by Corsair Capital.
Corsair 100, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 138,697 shares of common Stock owned by Corsair 100.
Capital Investors, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 39,832 shares of common Stock owned by Corsair Investors.
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Not Applicable
|
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
| |
Not Applicable
|
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
| |
Not Applicable
|
| Item 8. | Identification and Classification of Members of the Group. |
| |
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit B to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on February 20, 2026. |
| Item 9. | Notice of Dissolution of Group. |
| |
Not Applicable
|
Rule 13d-1(c)