secwatch.observer — SEC 8-K summary
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Issuer:     Creative Media & Community Trust Corp (CMCT)
CIK:        0000908311
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0000908311-25-000004
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMCT effects 1-for-10 reverse stock split; issues ~1.5M common shares for preferred redemptions
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- Reverse stock split effective Jan 6, 2025, combining every 10 common shares into 1 share; par value temporarily adjusted to $0.01, then reverted to $0.001.
- On Jan 8-10, 2025, CMCT issued 1,487,073 common shares in lieu of cash for redemptions of Series A and A1 preferred stock.
- Details: 20,368 shares for Series A1 on Jan 8; 83,952 Series A1 and 127,392 Series A on Jan 9; 770,035 Series A1 and 485,326 Series A on Jan 10.
- Company expects to continue satisfying preferred redemption requests with common stock through Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908311/000090831125000004/0000908311-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908311/000090831125000004/cmct-20250106.htm
  HTML page:      https://secwatch.observer/filing/0000908311-25-000004

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