Company: CMCT
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0001104659-25-109739
Chunk: 1

Company: Creative Media & Community Trust Corp
Filing Date: 2025-11-12
Form: 8-K
Item: Item 1.01
Chunk 1
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 Membership Interest Purchase Agreement contains
certain customary termination rights, including the right of either the Company or the Buyer to terminate the Membership Interest Purchase
Agreement if the Closing has not occurred on or prior to June 30, 2026.

Pursuant to an equity commitment letter (the “ Equity
Commitment Letter”), dated November 6, 2025, an entity affiliated with Peachtree Group, subject to the terms and conditions
thereof, agreed to provide equity financing to the Buyer in the aggregate amount set forth therein to facilitate consummation of the Transactions.

The foregoing summary of the Membership Interest
Purchase Agreement and the Transactions does not purport to be complete and is subject to, and qualified in its entirety by, the full
text of the Membership Interest Purchase Agreement, which will be filed as an exhibit to the Company’s Annual Report on Form 10-K
for the fiscal year ended December 31, 2025.

Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In connection with the Transactions, at the Closing
Mr. Berlin will resign from his roles as an Executive Vice President of the Company, Chief Financial Officer of the Company, Treasurer
of the Company and Secretary of the Company. Mr. Berlin will be succeeded by (i) Brandon Hill as Chief Financial Officer of
the Company and Treasurer of the Company and (ii) Christopher Filosa as Secretary of the Company, in the case of (i) and (ii) effective
immediately after Mr. Berlin’s resignation.

Mr. Hill, age 39, has served as 1stVice President - Fund Accounting & Reporting for CIM Group, L. P. since March 2022. Prior to his role as 1stVice President - Fund Accounting & Reporting, Mr. Hill served as Vice President - Financial Reporting of CIM
Group, L. P. from 2018 until 2022. Affiliates of CIM Group, L. P. act as operator and administrator to the Company and/or certain of its
subsidiaries.

There are no arrangements or understandings between
Mr. Hill and any person pursuant to which Mr. Hill was selected as an officer, and no family relationships exist between Mr. Hill
and any director or executive officer of the Company. Mr. Hill is not a party to any transaction, or series of transactions, required
to be disclosed pursuant to Item