CMCT effectuates 1-for-10 reverse stock split effective March 25, 2026
Creative Media & Community Trust Corp
- Every ten shares of common stock combined into one share; par value changes from $0.001 to $0.01 then back to $0.001.
- First amendment effective 11:58 pm ET on March 25, 2026; second amendment effective 11:59 pm ET same day.
- No change to authorized share count or other charter provisions disclosed.
- Reverse split intended to regain compliance with Nasdaq minimum bid price requirement (not explicitly stated but implied by filing context).