CMCT (CMCT) Announces 1:10 Reverse Share Split
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CMCT Announces Reverse Stock Split
January 2, 2025 6:45 AM ESTDALLAS--(BUSINESS WIRE)-- Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: 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 will become effective at 12:01 a.m. Eastern Standard Time on January 6, 2025 (the Effective Time), and CMCT common stock will begin trading on the Nasdaq Global Market on a split-adjusted basis at market open that same day.
At the Effective Time, every ten shares of CMCT common stock issued and... More
