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John S. Hendricks, a director and ten percent owner of CuriosityStream Inc. (NASDAQ:CURI), sold 8,050,000 shares of common stock on August 14, 2025, at a price of $3.50, totaling $28,175,000. The stock, which has seen a remarkable 189% gain year-to-date, currently trades at $4.21 and offers a substantial 7.6% dividend yield.
The sale was executed by Hendricks Factual Media LLC, in an underwritten secondary public offering. Following the transaction, Hendricks Factual Media LLC directly holds 12,206,188 shares of CuriosityStream.
Hendricks also indirectly owns 395,357 shares.
In other recent news, CuriosityStream Inc. reported its Q2 2025 financial results, surpassing revenue forecasts with a surprise increase of 30.58%. Earnings per share also exceeded expectations, highlighting strong financial performance. Additionally, CuriosityStream has announced the pricing of a secondary offering of 7 million shares of common stock at $3.50 per share, conducted by a selling stockholder who will receive all net proceeds. The offering includes an option for underwriters to purchase up to an additional 15% of the offered shares within 30 days. In a strategic move to expand its audience, CuriosityStream secured a distribution agreement with DIRECTV. This agreement will bring Curiosity’s content to millions of U.S. households through the subscription-based Curiosity Stream service and the free ad-supported Curiosity NOW channel on DIRECTV’s platform. These developments reflect CuriosityStream’s efforts to enhance its market presence and financial standing.
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