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.
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