Shareholders of Creative Media & Community Trust (NASDAQ: CMCT) back meeting adjournment for reverse stock split votes

Rhea-AI Filing Summary

Creative Media & Community Trust Corporation held a Special Meeting of Stockholders on September 23, 2025 to address potential reverse stock splits of its common stock at ratios of 1:4, 1:7, or 1:10, as well as a proposal to adjourn the meeting if needed. A total of 491,971 shares, representing 62.33% of shares entitled to vote, were present in person or by proxy.

Because there were not enough votes to approve the reverse stock split proposals at that time, only the adjournment proposal (Proposal 4) was voted on. Stockholders approved the adjournment with 374,139 shares voting for, 111,721 against, and 6,111 abstaining. The meeting was adjourned to allow solicitation of additional proxies in favor of the reverse stock split proposals and will reconvene on October 16, 2025 at 10:00 a.m. Pacific Time via webcast, with August 26, 2025 remaining as the record date.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 23, 2025

Commission File Number 1-13610

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION

(Exact name of registrant as specified in its charter)

Maryland

75-6446078

(State or Other Jurisdiction of Incorporation or Organization)

(I.R.S. Employer Identification No.)

5956 Sherry Lane, Suite 700, Dallas, TX 75225

(972) 349-3200

(Address of Principal Executive Offices)

(Registrant's telephone number)

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.001 Par Value

CMCT

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

Item 5.07. Submission of Matters of a Vote of Security Holders

The Special Meeting of Stockholders (the “Special Meeting”) of Creative Media & Community Trust Corporation (the “Company”) was held on September 23, 2025. A total of 491,971 shares were represented in person or by proxy, representing 62.33% of the shares entitled to be voted. The following were the proposals considered at the Special Meeting, all of which are described in further detail in the Company’s Definitive Proxy Statement filed with the U.S. Securities and Exchange Commission on August 27, 2025.

Proposal 1: The amendment of the Company’s charter (the “Charter”) to effect a reverse stock split of the Company’s common stock, par value $0.001 per share (the “Common Stock”), by a ratio of 1:4 at any time prior to September 23, 2026 (“Proposal 1”);

Proposal 2: The amendment of the Charter to effect a reverse stock split of the Common Stock by a ratio of 1:7 at any time prior to September 23, 2026 (“Proposal 2”);

Proposal 3: The amendment of the Charter to effect a reverse stock split of the Common Stock by a ratio of 1:10 at any time prior to September 23, 2026 (together with Proposal 1 and Proposal 2, the “Reverse Stock Split Proposals”); and

Proposal 4: The adjournment of the Special Meeting one or more times to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Reverse Stock Split Proposals (“Proposal 4”).

As there were insufficient votes to approve the Reverse Stock Split Proposals at the time of the Special Meeting, the sole item of business presented to the stockholders of the Company for consideration at the Special Meeting was a vote on Proposal 4. The final voting results for Proposal 4 are set forth below.

4.    The adjournment of the Special Meeting one or more times to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Reverse Stock Split Proposals.

For						374,139
Against						111,721
Abstentions						6,111
Broker Non-Votes						—

In accordance with the authority granted pursuant to Proposal 4, the Special Meeting was adjourned with respect to the Reverse Stock Split Proposals to solicit additional proxies in favor of the Reverse Stock Split Proposals. As announced at the Special Meeting, the Special Meeting will reconvene on October 16, 2025 at 10:00 a.m. Pacific Time via webcast at the same web address (www.virtualshareholdermeeting.com/CMCT2025SM2). The record date for the Special Meeting will remain August 26, 2025.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

CREATIVE MEDIA & COMMUNITY TRUST CORPORATION

Dated: September 25, 2025

By:

/s/ Barry N. Berlin Barry N. Berlin Chief Financial Officer

FAQ

What did CMCT (CMCT) stockholders vote on at the September 23, 2025 Special Meeting?

Stockholders of Creative Media & Community Trust Corporation considered proposals to amend the charter to allow reverse stock splits of the common stock at ratios of 1:4, 1:7, or 1:10, plus a proposal to adjourn the meeting to solicit additional proxies if there were insufficient votes to approve the reverse stock split proposals.

Which proposal was actually voted on at the CMCT Special Meeting?

Because there were insufficient votes to approve the reverse stock split proposals at the time of the meeting, only Proposal 4—to adjourn the Special Meeting one or more times to solicit additional proxies in favor of the reverse stock split proposals—was presented to stockholders for a vote.

What were the voting results for CMCT Proposal 4 to adjourn the Special Meeting?

For Proposal 4, stockholders cast 374,139 votes for, 111,721 votes against, and 6,111 abstentions, with no broker non-votes reported. Based on this result, the adjournment of the Special Meeting was approved.

How many CMCT shares were represented at the Special Meeting and what percentage of eligible shares did that represent?

A total of 491,971 shares of Creative Media & Community Trust Corporation were represented in person or by proxy at the Special Meeting, representing 62.33% of the shares entitled to be voted.

When will the adjourned CMCT Special Meeting reconvene to consider the reverse stock split proposals?

The Special Meeting will reconvene on October 16, 2025 at 10:00 a.m. Pacific Time via webcast at www.virtualshareholdermeeting.com/CMCT2025SM2 to continue consideration of the reverse stock split proposals.

Does the CMCT Special Meeting adjournment change the record date for stockholders entitled to vote?

No. The filing states that the record date for the Special Meeting will remain August 26, 2025, even though the meeting has been adjourned and will reconvene on October 16, 2025.

What reverse stock split ratios are CMCT stockholders being asked to approve?

Stockholders are being asked to approve amendments to the charter that would allow the Company to effect reverse stock splits of its common stock at ratios of 1:4, 1:7, or 1:10 at any time prior to September 23, 2026, if the corresponding proposals are approved.