<SEC-DOCUMENT>0001013594-25-001419.txt : 20251114
<SEC-HEADER>0001013594-25-001419.hdr.sgml : 20251114
<ACCEPTANCE-DATETIME>20251114110920
ACCESSION NUMBER:		0001013594-25-001419
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251114
DATE AS OF CHANGE:		20251114

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cineverse Corp.
		CENTRAL INDEX KEY:			0001173204
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-VIDEO TAPE RENTAL [7841]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				223720962
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-79352
		FILM NUMBER:		251482787

	BUSINESS ADDRESS:	
		STREET 1:		224 W. 35TH ST.
		STREET 2:		SUITE 500, #947
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001
		BUSINESS PHONE:		212-206-8600

	MAIL ADDRESS:	
		STREET 1:		224 W. 35TH ST.
		STREET 2:		SUITE 500, #947
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cinedigm Corp.
		DATE OF NAME CHANGE:	20130925

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Cinedigm Digital Cinema Corp.
		DATE OF NAME CHANGE:	20091006

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Access Integrated Technologies, Inc. d/b/a Cinedigm Digital Cinema Corp.
		DATE OF NAME CHANGE:	20081202

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORSAIR CAPITAL MANAGEMENT, L.P.
		CENTRAL INDEX KEY:			0001276470
		ORGANIZATION NAME:           	
		EIN:				043683843
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		18 EAST 48TH STREET
		STREET 2:		20TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2129493000

	MAIL ADDRESS:	
		STREET 1:		18 EAST 48TH STREET
		STREET 2:		20TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CORSAIR CAPITAL MANAGEMENT LLC
		DATE OF NAME CHANGE:	20040114
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0" encoding="UTF-8"?><!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com --><!-- Created: Fri Nov 14 16:09:18 UTC 2025 --><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:common="http://www.sec.gov/edgar/common">
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    <submissionType>SCHEDULE 13G/A</submissionType>
    <filerInfo>
      <filer>
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          <cik>0001276470</cik>
          <ccc>XXXXXXXX</ccc>
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    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Class A Common Stock, $0.001 Per Share ("Common Stock")</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001173204</issuerCik>
        <issuerName>Cineverse Corp.</issuerName>
        <issuerCusip>172406308</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <common:street1>224 W. 35TH ST.</common:street1>
          <common:street2>SUITE 500, #947</common:street2>
          <common:city>NEW YORK</common:city>
          <common:stateOrCountry>NY</common:stateOrCountry>
          <common:zipCode>10001</common:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
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      <reportingPersonName>Corsair Capital Partners, L.P.</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>788797</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>788797</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>788797</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>4.1</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Corsair Capital Partners 100, L.P.</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>116217</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>116217</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>116217</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>0.6</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
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    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Corsair Capital Investors, Ltd</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>E9</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>34422</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>34422</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>34422</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>0.2</classPercent>
      <typeOfReportingPerson>CO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Corsair Capital Management, L.P.</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>939436</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>939436</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>939436</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>4.9</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Jay Petschek</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>939436</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>939436</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>939436</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>4.9</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Steven Major</reportingPersonName>
      <memberGroup>a</memberGroup>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>939436</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>939436</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>939436</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>4.9</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Cineverse Corp.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>224 W. 35th St., Suite 500 #947, New York, NY 10001, United States</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>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").
Corsair Management acts as the investment manager of Corsair Capital, Corsair 100, and Corsair Investors. Messrs. Petschek and Major are the controlling persons of Corsair Management.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>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&amp;C Corporate Services Ltd, Box 309, George Town, Cayman Islands KY1-1104.</principalBusinessOfficeOrResidenceAddress>
        <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.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>Collectively, the Reporting Persons beneficially own 939,436 shares of Common Stock, including 83,333 shares of Common Stock underlying currently exercisable warrants.
Corsair Capital individually owns 788,797 shares of Common Stock, including 69,193 shares of the Common Stock underlying currently exercisable warrants.
Corsair 100 individually owns 116,217 shares of Common Stock, including 10,045 shares of the Common Stock underlying currently exercisable warrants.
Corsair Investors individually owns 34,422 shares of Common Stock, including 4,095 shares of the Common Stock underlying currently exercisable warrants.
Corsair Management, as the investment manager of each of Corsair Capital, Corsair 100, and Corsair Investors is deemed to beneficially own 939,436 shares of Common Stock.
Mr. Petschek, as a controlling person of Corsair Management, is deemed to individually beneficially own 939,436 shares of Common Stock.
Mr. Major, as a controlling person of Corsair Management, is deemed to individually beneficially own 939,436 shares of Common Stock.</amountBeneficiallyOwned>
        <classPercent>Collectively, the Reporting Persons beneficially own 939,436 shares of Common Stock representing 4.9% of all the outstanding shares of Common Stock based on the 19,124,406 outstanding shares of Common Stock as of September 24, 2025, as reported on the Issuer's Form Schedule 14A filed October 10, 2025, plus, with respect to each Reporting Person, the number of shares of Common Stock underlying currently exercisable warrants held by such Reporting Person as indicated in Item 4(a) above. The total number of shares of Common Stock underlying currently exercisable warrants held by the Reporting Persons in aggregate is 83,333.

Corsair Capital's individual ownership of 788,797 shares of Common Stock, including 69,193 shares of Common Stock underlying currently exercisable warrants, represents 4.1% of all the outstanding shares of Common Stock.

Corsair 100's individual ownership of 116,217 shares of Common Stock, including 10,045 shares of Common Stock underlying currently exercisable warrants, represents 0.6% of all the outstanding shares of Common Stock.

Corsair Investors' individual ownership of 34,422 shares of Common Stock, including 4,095 shares of Common Stock underlying currently exercisable warrants, represents 0.2% of all the outstanding shares of Common Stock.

Corsair Management's beneficial ownership of 939,436 shares of Common Stock represents 4.9% of all the outstanding shares of Common Stock.

The 939,436 shares of Common Stock deemed to be beneficially owned by Mr. Petschek represents 4.9% of all the outstanding shares of Common Stock.

The 939,436 shares of Common Stock deemed to be beneficially owned by Mr. Major represents 4.9% of all the outstanding shares of Common Stock.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Not Applicable</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Corsair Capital, Corsair Management, Mr. Petschek and Mr. Major have shared power to vote or direct the vote for 788,797 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  116,217 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 34,422 shares of common Stock owned by Corsair Investors.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Not Applicable</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Corsair Capital, Corsair Management, Mr. Petschek and Mr. Major have shared power to dispose or direct the disposition of the 788,797 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 116,217 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 34,422 shares of common Stock owned by Corsair Investors.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>See Exhibit A and Exhibit B on the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on October 11, 2024.</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>Corsair Capital Partners, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Jay R. Petschek</signature>
        <title>Jay R. Petschek, Managing Member of Corsair Capital Advisors, L.L.C., General Partner of Corsair Capital Partners, L.P.</title>
        <date>11/11/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Corsair Capital Partners 100, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Jay R. Petschek</signature>
        <title>Jay R. Petschek, Managing Member Corsair Capital Advisors, L.L.C., General Partner of Corsair Capital Partners 100, L.P.</title>
        <date>11/11/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Corsair Capital Investors, Ltd</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Jay R. Petschek</signature>
        <title>Jay R. Petschek, Mng Mbr of Corsair Capital Mgmt, L.P., Atty-in-Fact of Corsair Capital Mgmt GP, L.L.C., Gen Ptnr of Corsair Capital Investors, Ltd.</title>
        <date>11/11/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Corsair Capital Management, L.P.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Jay R. Petschek</signature>
        <title>Jay R. Petschek, Managing Member of Corsair Capital Management GP, L.L.C., General Partner of Corsair Capital Management, L.P.</title>
        <date>11/11/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Jay Petschek</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Jay R. Petschek</signature>
        <title>Jay R. Petschek</title>
        <date>11/11/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Steven Major</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Steven Major</signature>
        <title>Steven Major</title>
        <date>11/11/2025</date>
      </signatureDetails>
    </signatureInformation>
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</SEC-DOCUMENT>
