other material
confidence high
sentiment neutral
materiality 0.50
CMCT enters amended dealer manager agreement for $400M Series A1 Preferred offering; fee cut to 2%
Creative Media & Community Trust Corp
- Amended dealer manager agreement for up to $400M of Series A1 Preferred Stock offering.
- Dealer manager fee reduced from 3.00% to 2.00% of aggregate selling price.
- Selling commissions remain at 7.00% of aggregate selling price.
- Agreement under new registration statement effective June 7, 2024.
- Dealer manager (CCO Capital, LLC) is an affiliate under common control.