secwatch.observer — SEC 8-K summary
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Issuer:     Creative Media & Community Trust Corp (CMCT)
CIK:        0000908311
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0000908311-24-000074
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908311/000090831124000074/0000908311-24-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908311/000090831124000074/cmct-20241218.htm
  HTML page:      https://secwatch.observer/filing/0000908311-24-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer