You read correctly. The hilariously-so-bad-its-good cable B-movie is getting a limited midnight run in theaters thanks to NCM Fathom Events, Regal Cinemas, and other affiliated chains.
http://www.deadline.com/2013/07/sharknado-gets-midnight-screening-treatment-via-regal/
The NCM site brags of 'never before seen footage': http://www.fathomevents.com/#!sharknado
http://www.deadline.com/2013/07/sharknado-gets-midnight-screening-treatment-via-regal/
The NCM site brags of 'never before seen footage': http://www.fathomevents.com/#!sharknado