other material
confidence high
sentiment neutral
materiality 0.30
CMCT issues common stock for Series A/A1 preferred redemptions in August-September 2026
Creative Media & Community Trust Corp
- On Aug 19, 26, Sep 2, 2026, issued 21,695/645/28,320 common shares for Series A1 redemptions of 3,460/120/5,481 preferred shares.
- Also issued 63,826/29,452/95,209 common shares for Series A redemptions of 10,204/5,200/17,480 preferred shares.
- Conversion prices based on 20-day VWAP: approx $3.98, $4.32, $4.55 per share respectively.
- Redemptions were holder-requested; common stock issued in lieu of cash including accrued dividends.