Creative Media & Community Trust announces 1-for-10 reverse stock split
Creative Media & Community Trust Corporation announced 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 will become effective at 12:01 a.m. Eastern Standard Time on January 6, 2025, 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 outstanding immediately prior to th