Company: CMCT
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001104659-25-021357
Chunk: 10

Company: Creative Media & Community Trust Corp
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 10
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### GENERAL OVERVIEW
The purpose of Proposal 1, the Reverse Stock Split, is to maintain the listing of our Common Stock on The Nasdaq Global Market (“

#### Nasdaq
”).

#### The Company’s Nasdaq Listing Deficiencies
As previously reported, the Company is not in compliance with Nasdaq Listing Rule 5450(a)(1), which requires us to maintain a minimum bid price per share of $1.00, such that the share price of the Common Stock does not close below $1.00 for 30 consecutive business days (the “

#### Nasdaq Minimum Bid Price Rule
”). This listing deficiency has a 180-day period for regaining compliance, which 180-day period ends on May 6, 2025.

The Company has not yet regained compliance with the Nasdaq Minimum Bid Price Rule, and if the Company is not able to regain compliance with the Nasdaq Minimum Bid Price Rule by May 6, 2025, the Company expects to receive notice from Nasdaq that the Common Stock is subject to delisting on this basis. The Company may regain compliance with the Nasdaq Minimum Bid Price Rule if, by May 6, 2025, the closing bid price of the Common Stock is at least $1.00 for a minimum of ten consecutive trading days. If the Company cannot demonstrate compliance with the Nasdaq Minimum Bid Price Rule by May 6, 2025, the Common Stock will be subject to delisting, pending an appeal, if any, to an independent hearings panel.

The Common Stock bid price has come under significant downward pressure since August 2024 when the Company announced its intention to redeem, and has redeemed, shares of its Series A Preferred Stock, $0.001 par value per share (“

#### Series A Preferred Stock
”) and Series A1 Preferred Stock, $0.001 par value per

<div align='center'>6</div>

share (“

#### Series A1 Preferred Stock
” and, together with the Series A Preferred Stock and the Company’s Series D Preferred Stock, $0.001 par value per share, the “

#### Preferred Stock
”) and pay the redemption price in shares of Common Stock. Holders of the Preferred Stock have the right, at each such holder’s option,