Creative Media & Community Trust Corporation (CMCT) has filed an amendment to its previous 8-K report, detailing the number of shares of common stock to be issued in satisfaction of redemptions of preferred stock. The amendment, filed on March 18, 2026, updates Item 3.02 of the original report dated March 9, 2026. The company redeemed a total of 88,250 shares of Series A Preferred Stock and 194,492 shares of Series A1 Preferred Stock on March 12, 2026, and has announced further redemptions of 1,869,573 shares of Series A Preferred Stock, 7,539,638 shares of Series A1 Preferred Stock, and 21,760 shares of Series D Preferred Stock on March 16, 2026. The issuance of common stock in exchange for these redemptions is based on the volume-weighted average price (VWAP) of the common stock for the 20 trading days preceding the redemption dates. This amendment does not introduce any new material changes to the previously filed report, indicating that the company is maintaining its operational and financial strategies without significant alterations. The filing is considered administrative in nature, primarily serving to clarify the details of the stock redemptions and their implications for shareholders. As such, it is not expected to have a notable impact on the stock price or investor sentiment.
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