---
schema_version: "secwatch.filing_event.v1"
accession: "0000908311-24-000072"
form_type: "8-K"
ticker: "CMCT"
cik: "0000908311"
company_name: "Creative Media & Community Trust Corp"
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:14:00.910292+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# CMCT issues 15.4M common shares to redeem preferred shares, causing dilution

## Summary
- Issued 15,393,171 common shares to redeem 194,984 preferred shares (105,652 Series A + 89,332 Series A1) at VWAP.
- Redemptions occurred Nov 1–Dec 6, 2024; stock issued instead of cash per holder requests.
- Company expects to continue satisfying preferred redemptions with common shares through end of 2024.
- Significant dilution for common shareholders; preferred shareholders exercised redemption rights.

## SEC filing metadata
- accession: 0000908311-24-000072
- form_type: 8-K
- ticker: CMCT
- cik: 0000908311
- company_name: Creative Media & Community Trust Corp
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908311/000090831124000072/0000908311-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908311/000090831124000072/cmct-20241206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908311-24-000072
- JSON: https://secwatch.observer/filing/0000908311-24-000072.json
- Plain text: https://secwatch.observer/filing/0000908311-24-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.