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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Chicken Soup for the Soul Entertainment Expresses 'Substantial Doubt' About Its Future as Losses and Debt Mount

Chicken Soup for the Soul Entertainment.

With its stock trading at 21 cents a share back on Dec. 22, down from a high of $41.39 reached in June 2021, Chicken Soup for the Soul quietly expressed in a very late third-quarter 10-Q filing to the SEC "substantial doubt" as to whether it can "continue as a going concern."  

The filing -- and the small digital entertainment company's associated pessimism -- came after the Nasdaq issued a delisting warning to Chicken Soup for missing its November 10-Q filing deadline. 

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