SplitApr 22, 2026, 05:21 PM
CMCT Completes 1-for-10 Reverse Stock Split
AI Summary
Creative Media & Community Trust Corporation (CMCT) has completed a one-for-ten reverse stock split of its common stock. This corporate action, which consolidates every ten existing shares into one, became effective on April 17, 2026, at 11:58 pm Eastern Time. The company also adjusted the par value of its common stock back to $0.001 per share immediately following the split.
Key Highlights
- Creative Media & Community Trust Corp enacted a 1-for-10 reverse stock split.
- The reverse stock split became effective on April 17, 2026, at 11:58 pm ET.
- Par value of common stock reverted to $0.001 per share after the split.