CMCT issues ~14.2M common shares for redemption of 139K preferred shares in Dec 2024

Creative Media & Community Trust Corp

On Dec 10, 18, and 19, 2024, CMCT issued 14,241,564 common shares in lieu of cash for 139,263 Series A/A1 preferred redemptions.
Share issuances: 367,069 on Dec 10, 4,658,333 + 3,072,728 on Dec 18, 2,529,356 + 3,614,078 on Dec 19.
Preferred shares redeemed: 75,210 Series A1 plus 64,053 Series A at respective VWAP-based prices.
Company plans to continue satisfying redemption requests with common shares through end of 2024.

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