CMCT Announces Reverse Stock Split
Creative Media & Community Trust Corporation (CMCT)
Last creative media & community trust corporation earnings: 3/16 08:00 am
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US:NASDAQ Investor Relations:
investors.cimcommercial.com
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT) (“we,” “our,” “CMCT” or the “Company”) announced today that its Board of Directors has approved a reverse stock split of CMCT common stock at a ratio of one-for-ten (the “Reverse Stock Split”). The Reverse Stock Split will become effective at 12:01 a.m. Eastern Standard Time on January 6, 2025 (the “Effective Time”), and CMCT common stock will begin trading on the Nasdaq Global Market on a split-adjusted basis at market open that same day.At the Effective Time, every ten shares of CMCT common stock issued and outstanding immediately prior to the Effective Time will be combined into one issued and outstanding share of CMCT common stock. No fractional shares will be issued in connection with the Reverse Stock Split. Stockholders who would otherwise hold a fractional share of CMCT common stock following the Reverse Stock Split will receive a cash payment in lieu of fractional shares ba
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CMCT
News
- Creative Media & Community Trust Co. (NASDAQ: CMCT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- CMCT Declares Preferred Stock DividendsBusiness Wire
- Creative Media & Community Trust Co. (NASDAQ: CMCT) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Important Notice: KT Law Firm Represents CMCT Investor in FINRA Arbitration Claim for Unsuitable RecommendationsAccesswire
- CMCT Closes $92.2 Million Loan for Sheraton Grand Sacramento HotelBusiness Wire
CMCT
Earnings
- 11/8/24 - Miss
CMCT
Sec Filings
- 1/2/25 - Form 8-K
- 12/26/24 - Form 8-K
- 12/16/24 - Form 8-K
- CMCT's page on the SEC website