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-0.00870023727919844 -0.00896388083311367 -0.00896388083311367 -0.0449512259425257 -0.0508832059056156 -0.0378328499868178 -0.011204851041392 0.0280780384919589
Stock impact report

CMCT Announces Reverse Stock Split

Creative Media (CMCT) 
Last creative media earnings: 3/16 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.cimcommercial.com
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Creative Media & Community Trust Corporation (NASDAQ: 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 is expected to become effective at 12:01 a.m. Eastern Time on April 20, 2026 (the “Effective Time”), and CMCT’s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at market open on April 20, 2026.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 sha Show less Read more
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