---
schema_version: "secwatch.filing_event.v1"
accession: "0001498547-22-000012"
form_type: "8-K"
ticker: "CMRF"
cik: "0001498547"
company_name: "CIM REAL ESTATE FINANCE TRUST, INC."
filed_at: "2022-02-01T23:59:59+00:00"
generated_at: "2026-06-27T12:56:20.778986+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Board urges rejection of MacKenzie mini-tender offer at $3.15/share, 56% below NAV

## Summary
- MacKenzie Capital Management offers $3.15/share, a 56.3% discount to NAV of $7.20 as of March 31, 2021.
- Board of Directors unanimously recommends shareholders do not tender shares; offer is unsolicited and opportunistic.
- Company has paid 118 consecutive monthly distributions; current annualized yield 5.05% based on NAV.
- MacKenzie reserves right to amend terms including price; using affiliated depositary without independent escrow.

## SEC filing metadata
- accession: 0001498547-22-000012
- form_type: 8-K
- ticker: CMRF
- cik: 0001498547
- company_name: CIM REAL ESTATE FINANCE TRUST, INC.
- filed_at: 2022-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1498547/000149854722000012/0001498547-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1498547/000149854722000012/cmft-20220127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001498547-22-000012
- JSON: https://secwatch.observer/filing/0001498547-22-000012.json
- Plain text: https://secwatch.observer/filing/0001498547-22-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.