Company: CMCT
Filing Date: 2025-01-13
Form Type: 8-K
Source: 0000908311-25-000004
Chunk: 2

Company: Creative Media & Community Trust Corp
Filing Date: 2025-01-13
Form: 8-K
Item: Item 5.03
Chunk 2
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

The Company filed two amendments to its charter (each, an “ Amendment” and collectively, the “ Amendments”) with the State Department of Assessments and Taxation of Maryland, to effectuate a one-for-ten reverse stock split (the “ Reverse Stock Split”) of its issued and outstanding common stock. Pursuant to the first Amendment, effective as of 12:01 am Eastern Standard Time on January 6, 2025 (the “ Effective Time”), every ten shares of common stock, par value $0.001 per share, issued and outstanding immediately prior to the Effective Time will be automatically combined into one issued and outstanding share of common stock, par value $0.01 per share. The second Amendment, effective as of 12:02 am Eastern Standard Time on January 6, 2025, will revert the par value of the Company’s issued and outstanding common stock to $0.001 per share.

The information set forth above does not purport to be complete in scope and is qualified in its entirety by the full text of the Amendments, which are attached to this Current Report on Form 8-K as Exhibits 3.1 and 3.2 and incorporated into this Item 5.03 by reference.

Item 9.01 Financial Statements and Exhibits.