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Daniel Frankel

Chicken Soup Fails to Meet Terms for $175 Million Debt Forbearance Agreement, Purges Board

Chicken Soup Company Redbox SEC

Redbox.

Chicken Soup for the Soul Entertainment failed to meet the terms outlined by its primary creditors in an April debt forbearance agreement, despite several extensions, a company 8-K/A filing to the SEC last week reported.

And on Monday, another 8/-K filing revealed that William J. Rouhana, chairman and CEO of the troubled Redbox parent company, dismissed everyone from the board of directors save for himself.

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