Item 3.02. Unregistered Sales of Equity Securities.

On January 14, 2021, Chicken Soup for the Soul Entertainment Inc. (the "Company") entered into a securities purchase agreement (the "SPA") with two accredited investors (the "Investors") to sell an aggregate of 1,022,727 shares of the Company's Class A common stock ("Common Stock") at a purchase price of $22.00 per share, generating gross proceeds of $22,499,994 (the "Private Placement"). The sale was consummated on January 20, 2021. The shares of Common Stock were sold pursuant to an exemption from registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 promulgated thereunder.

The Company also entered into a registration rights agreement (the "Registration Rights Agreement") with the Investors pursuant to which the Company agreed to use commercially reasonable efforts to register the shares of Common Stock for resale within 30 days.

The foregoing summaries of the SPA and the Registration Rights Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of the agreements, which are attached as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference.

Item 7.01. Regulation FD Disclosure.

On January 15, 2021, the Company issued the press release attached to this Current Report as Exhibit 99.1. On January 20, 2021, the Company issued the press release attached to this Current Report as Exhibit 99.2.

The information furnished under this Item 7.01, including the exhibits related thereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any disclosure document of the Company, except as shall be expressly set forth by specific reference in such document.

Item 9.01. Financial Statements and Exhibits.






(d)    Exhibits:



 Exhibit No. Description




   10.1     Form of Securities Purchase Agreement.




   10.2     Form of Registration Rights Agreement.




   99.1     Press Release, dated January 15, 2021.




   99.2     Press Release dated January 20, 2021.




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