{"id":946129,"date":"2026-03-23T08:17:43","date_gmt":"2026-03-23T12:17:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cmct-announces-reverse-stock-split-2\/"},"modified":"2026-03-23T08:17:43","modified_gmt":"2026-03-23T12:17:43","slug":"cmct-announces-reverse-stock-split-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cmct-announces-reverse-stock-split-2\/","title":{"rendered":"CMCT Announces Reverse Stock Split"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CMCT Announces Reverse Stock Split<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCreative Media &amp; Community Trust Corporation (NASDAQ: CMCT) (\u201cwe\u201d, \u201cour\u201d, \u201cCMCT\u201d or the \u201cCompany\u201d) announced today that the Company will effect a reverse stock split of CMCT\u2019s common stock by a ratio of one-for-ten (the \u201cReverse Stock Split\u201d). The Reverse Stock Split was approved by the stockholders of the Company at a special meeting held on October 16, 2025.<\/p>\n<p>\nThe Reverse Stock Split is expected to become effective at 12:01 a.m. Eastern Time on March 26, 2026 (the \u201cEffective Time\u201d), and CMCT\u2019s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at market open on March 26, 2026.<\/p>\n<p>\nAt 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.<\/p>\n<p>\nStockholders who hold shares of CMCT common stock in book-entry form or through a bank, broker or other nominee do not need to take any action in connection with the Reverse Stock Split and will see the impact of the Reverse Stock Split automatically reflected in their accounts.<\/p>\n<p>\nThe trading symbol of CMCT common stock on the Nasdaq Global Market will remain \u201cCMCT.\u201d CMCT common stock has been assigned a new CUSIP number of 12564W227 that will be effective upon completion of the Reverse Stock Split at the Effective Time.<\/p>\n<p><b>ABOUT CMCT<\/b><\/p>\n<p>\nCreative Media &amp; Community Trust Corporation (\u201cCMCT\u201d) is a real estate investment trust that owns, operates and develops premier multifamily and creative office assets in vibrant communities throughout the United States. CMCT is a leader in creative office, acquiring and developing properties catering to rapidly growing industries such as technology, media and entertainment. CMCT applies the expertise of CIM Group, L.P. to the acquisition, development, and operation of top-tier multifamily properties situated in dynamic markets with similar business and employment characteristics to its creative office investments. CMCT is operated by affiliates of CIM Group, L.P., a vertically integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, finance, leasing, and onsite property management capabilities. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.creativemediacommunity.com&amp;esheet=54458256&amp;newsitemid=20260323572242&amp;lan=en-US&amp;anchor=www.creativemediacommunity.com&amp;index=1&amp;md5=236392baaaddb0bf5b5257686d25fb8d\">www.creativemediacommunity.com<\/a>)<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), which are intended to be covered by the safe harbors created thereby. These statements include the plans and objectives of management for future operations, including plans and objectives relating to future growth of CMCT\u2019s business and availability of funds. Such forward-looking statements can be identified by the use of forward-looking terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201cproject,\u201d \u201ctarget,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmight,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201ccontinue,\u201d \u201cpursue,\u201d \u201cpotential,\u201d \u201cforecast,\u201d \u201cseek,\u201d \u201cplan,\u201d or \u201cshould,\u201d or \u201cgoal\u201d or the negative thereof or other variations or similar words or phrases. Such forward-looking statements also include, among others, statements about CMCT\u2019s plans and objectives relating to future growth and outlook. Such forward-looking statements are based on particular assumptions that management of CMCT has made in light of its experience, as well as its perception of expected future developments and other factors that it believes are appropriate under the circumstances. Forward-looking statements are necessarily estimates reflecting the judgment of CMCT\u2019s management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include those associated with (i) the timing, form, and operational effects of CMCT\u2019s development activities, (ii) the ability of CMCT to raise in place rents to existing market rents and to maintain or increase occupancy levels, (iii) fluctuations in market rents, (iv) the effects of inflation and continuing higher interest rates on the operations and profitability of CMCT and (v) general economic, market and other conditions, including the effects of high unemployment rates, continued or renewed inflation and any recession or slowdown in economic growth. Additional important factors that could cause CMCT\u2019s actual results to differ materially from CMCT\u2019s expectations are discussed in \u201cItem 1A\u2014Risk Factors\u201d in CMCT\u2019s Annual Report on Form 10-K for the year ended December 31, 2025 and in Part II, Item 1A of CMCT\u2019s Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission from time to time. The forward-looking statements included herein are based on current expectations and there can be no assurance that these expectations will be attained. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond CMCT\u2019s control. Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that the forward-looking statements expressed or implied will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements expressed or implied herein, the inclusion of such information should not be regarded as a representation by CMCT or any other person that CMCT\u2019s objectives and plans will be achieved. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made. CMCT does not undertake to update them to reflect changes that occur after the date they are made, except as may be required by applicable securities laws.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260323572242r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260323572242\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260323572242\/en\/<\/a><\/span><\/p>\n<p><b>For Creative Media &amp; Community Trust<br \/>\n<\/b><br \/>Media Relations:<br \/>\n<br \/>Karen Diehl, Diehl Communications, 310-741-9097<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:karen@diehlcommunications.com\">karen@diehlcommunications.com<\/a><\/p>\n<p>\nor<\/p>\n<p>\nShareholder Relations:<br \/>\n<br \/>Steve Altebrando, 646-652-8473<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:shareholders@cimcommercial.com\">shareholders@cimcommercial.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260323572242\/en\/770089\/3\/CMCT_Logo_255_143_28-01.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CMCT Announces Reverse Stock Split LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Creative Media &amp; Community Trust Corporation (NASDAQ: CMCT) (\u201cwe\u201d, \u201cour\u201d, \u201cCMCT\u201d or the \u201cCompany\u201d) announced today that the Company will effect a reverse stock split of CMCT\u2019s common stock by a ratio of one-for-ten (the \u201cReverse Stock Split\u201d). The Reverse Stock Split was approved by the stockholders of the Company at a special meeting held on October 16, 2025. The Reverse Stock Split is expected to become effective at 12:01 a.m. Eastern Time on March 26, 2026 (the \u201cEffective Time\u201d), and CMCT\u2019s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at market open on March 26, 2026. At the Effective Time, every ten shares &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cmct-announces-reverse-stock-split-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CMCT Announces Reverse Stock Split&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-946129","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CMCT Announces Reverse Stock Split - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cmct-announces-reverse-stock-split-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMCT Announces Reverse Stock Split - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CMCT Announces Reverse Stock Split LOS ANGELES&#8211;(BUSINESS WIRE)&#8211; Creative Media &amp; Community Trust Corporation (NASDAQ: CMCT) (\u201cwe\u201d, \u201cour\u201d, \u201cCMCT\u201d or the \u201cCompany\u201d) announced today that the Company will effect a reverse stock split of CMCT\u2019s common stock by a ratio of one-for-ten (the \u201cReverse Stock Split\u201d). The Reverse Stock Split was approved by the stockholders of the Company at a special meeting held on October 16, 2025. The Reverse Stock Split is expected to become effective at 12:01 a.m. Eastern Time on March 26, 2026 (the \u201cEffective Time\u201d), and CMCT\u2019s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at market open on March 26, 2026. 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The Reverse Stock Split was approved by the stockholders of the Company at a special meeting held on October 16, 2025. The Reverse Stock Split is expected to become effective at 12:01 a.m. Eastern Time on March 26, 2026 (the \u201cEffective Time\u201d), and CMCT\u2019s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at market open on March 26, 2026. 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