other material
confidence high
sentiment neutral
materiality 0.50
CMCT issues ~5.6M common shares to redeem Series A & A1 preferred shares
Creative Media & Community Trust Corp
- On March 12, issued 3,600,415 common shares to redeem 108,022 Series A1 preferred shares.
- Also on March 12, issued 1,529,145 common shares to redeem 43,367 Series A preferred shares.
- On March 13, issued 280,098 common shares to redeem 8,451 Series A1 preferred shares.
- Also on March 13, issued 185,363 common shares to redeem 5,463 Series A preferred shares.
- Company plans to continue satisfying redemptions with common stock through Q1 2025.