UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events. |
On December 1, 2022, Mike Nikzad, a member of the board of directors of CuriosityStream Inc. (the “Company”), adopted a pre-arranged stock trading plan (the “10b5-1 Plan”) designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, which permits persons to enter into a pre-arranged plan for buying or selling Company stock at a time when such person is not in possession of material, nonpublic information about the Company. The 10b5-1 Plan, executed during the Company’s current open trading window period and in compliance with the Company’s insider trading policy, allows for shares to be sold on the open market at prevailing market prices, subject to certain specified limit prices, until December 1, 2023, at which time the 10b5-1 Plan will terminate.
Mr. Nikzad entered into the 10b5-1 Plan as a part of his personal long-term financial and tax planning strategies. In accordance with Rule 10b5-1, Mr. Nikzad will have no discretion over the sales of his shares of common stock under the 10b5-1 Plan. The transactions under the 10b5-1 Plans will be disclosed publicly through appropriate filings with the Securities and Exchange Commission.
Except as may be required by law, the Company does not undertake to report on specific Rule 10b5-1 pre-planned stock trading plans of Company officers or directors, nor to report modifications or terminations of the aforementioned 10b5-1 Plan or the plans of any other individual.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CURIOSITYSTREAM INC. | ||
| By: | /s/ Tia Cudahy | |
| Name: | Tia Cudahy | |
| Title: | Chief Operating Officer and General Counsel | |
Date: December 6, 2022