{"schema_version":"secwatch.filing_event.v1","accession":"0000908311-23-000069","form_type":"8-K","ticker":"CMCT","cik":"0000908311","company_name":"Creative Media & Community Trust Corp","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.355577+00:00","generated_at":"2026-06-09T01:33:09.384146+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"CMCT board rejects Negari's $8.88/share bid; says affiliates with 43% stake won't sell at that price","bullets":["Board requests Negari provide financing details after his initial proposal lacked proof of funding.","Acquiring CMCT would require over $1B in cash to pay down debt and redeem preferred stock.","Affiliates of CIM Group, owning 43% of shares, said they would not sell at or below NAV, which is materially above $8.88."],"urls":{"canonical":"https://secwatch.observer/filing/0000908311-23-000069","json":"https://secwatch.observer/filing/0000908311-23-000069.json","markdown":"https://secwatch.observer/filing/0000908311-23-000069.md","text":"https://secwatch.observer/filing/0000908311-23-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000069/0000908311-23-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908311/000090831123000069/cmct-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:33:09.384146+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}