secwatch.observer — SEC 8-K summary
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Issuer:     CIM REAL ESTATE FINANCE TRUST, INC. (CMRF)
CIK:        0001498547
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001498547-22-000123
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIM Real Estate Finance Trust updates estimated per share NAV to $6.57 from $7.20 as of Sept 30, 2022
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- Estimated per share NAV of $6.57, down 8.8% from $7.20 as of March 31, 2021.
- Valuation by Kroll using NAV methodology; range $6.47-$6.68, midpoint $6.57.
- DRIP shares will be issued at $6.57 per share effective Dec 21, 2022.
- Share redemption program will use $6.57 as the reference price.
- Total estimated NAV $2.87B on 437.3M shares outstanding as of Sept 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1498547/000149854722000123/0001498547-22-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1498547/000149854722000123/cmft-20221221.htm
  HTML page:      https://secwatch.observer/filing/0001498547-22-000123

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