other material
confidence high
sentiment neutral
materiality 0.50
CMCT issues common stock for preferred redemptions; conversion prices decline from $6.36 to $4.30
Creative Media & Community Trust Corp
- On May 12, 2026, issued 4,418 common shares for 1,200 Series A1 shares redeemed; conversion $6.36.
- On May 28, 2026, issued 68,971 common shares for 16,000 Series A1 and 26,992 for 6,952 Series A; conversion $5.41.
- On June 15, 2026, issued 26,210 common for 4,835 Series A1 and 162,792 common for 28,093 Series A; conversion $4.30.
- All redemptions were holder-requested; common shares issued in lieu of cash for accrued dividends.
- Total common shares issued across three dates: 309,479; Series A1/A redeemed: 63,301 preferred shares.