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Creative Media & Community Trust Corporation 8-K Filings

CMCT NASDAQ

Every 8-K that Creative Media & Community Trust Corporation (CMCT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CMCT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMCT filings page.

Rhea-AI Summary

Creative Media & Community Trust Corp (CMCT) reported that on September 9, 2026 it issued 7,477 shares of Common Stock to redeem 1,388 shares of Series A1 Preferred Stock and 23,078 shares of Common Stock to redeem 4,087 shares of Series A Preferred Stock, in each case in lieu of cash, including accrued and unpaid dividends. The conversion price for these stock redemptions was based on the 20‑day VWAP and was approximately $4.35 per share. As of September 10, 2026, holders have requested redemption of about 12,217 additional Series A1 Preferred and 9,906 additional Series A Preferred shares, which the company may satisfy in Common Stock or cash at its discretion, with any stock redemptions occurring after its next trading window opens under its Insider Trading Policy.

Rhea-AI Summary

Creative Media & Community Trust Corp (CMCT) reported unregistered issuances of Common Stock to redeem shares of its Series A1 and Series A Preferred Stock in lieu of cash on three dates in August and September 2026. On August 19, 2026, the company issued 21,695 shares of Common Stock for 3,460 Series A1 Preferred shares and 63,826 shares of Common Stock for 10,204 Series A Preferred shares, including accrued and unpaid dividends. On August 26, 2026, it issued 645 shares of Common Stock for 120 Series A1 Preferred shares and 29,452 shares of Common Stock for 5,200 Series A Preferred shares. On September 2, 2026, it issued 28,320 shares of Common Stock for 5,481 Series A1 Preferred shares and 95,209 shares of Common Stock for 17,480 Series A Preferred shares. The conversion price for each date was based on the 20-trading-day VWAP and was approximately $3.98, $4.32 and $4.55 per share on August 19, August 26 and September 2, 2026, respectively.

Rhea-AI Summary

Creative Media & Community Trust Corporation reported a Q2 2026 net loss attributable to common stockholders of $(11.0) million, or $(4.03) per diluted share, compared with a loss of $(14.3) million a year earlier. Funds from operations were $(3.5) million and Core FFO $(3.4) million, both less negative than in Q2 2025.

Total segment NOI was $9.3 million versus $9.8 million, but NOI excluding loss from unconsolidated entities rose 22.2% to $12.5 million. The office portfolio was 71.9% occupied and 72.3% leased, or 84.4% leased excluding the challenged Oakland asset. Same-store multifamily occupancy improved to 95.3%, helping multifamily NOI increase to $0.6 million. The Sheraton hotel produced NOI of $4.6 million with RevPAR of $180.47.

The company continued reshaping its balance sheet, citing cumulative redemptions of about $397.7 million of preferred stock since September 2024, including 308,679 common shares issued this quarter for redemptions. Undepreciated common book value was $384.9 million, or $130.58 per common share.

Rhea-AI Summary

Creative Media & Community Trust Corporation held its Annual Meeting of Stockholders on July 30, 2026, with 2,155,684 shares represented, or 78.14% of shares entitled to vote. Stockholders elected all seven director nominees, each receiving more votes "for" than "withheld," with additional broker non-votes recorded.

Stockholders approved, on a non-binding basis, the company’s executive compensation, and ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026. They also approved the company’s 2026 Equity Incentive Plan, which received more votes "for" than "against," with broker non-votes reported.

Rhea-AI Summary

Creative Media & Community Trust Corporation reported that a non-recourse mortgage on 1 Kaiser Plaza has gone into maturity default. The loan, with an aggregate outstanding principal balance of $97.1 million as of the report date, reached its July 1, 2026 maturity without repayment of principal.

The company remains current on monthly interest but chose not to invest additional capital needed to refinance. The lender has declared a Maturity Default, demanded immediate payment in full, and stated that all rents, profits and other income from the property are now the lender’s property to be held in trust. Amounts due now accrue interest at a default rate equal to the lesser of the maximum legal rate or five percent above an interest rate of four and fourteen one hundredths percent per annum. The company is engaging with the special servicer and evaluating options, with no assurance as to timing or outcome.

Rhea-AI Summary

Creative Media & Community Trust Corporation reported issuing new Common Stock in connection with preferred stock redemptions. On May 12, May 28 and June 15, 2026, the company issued 4,418, 68,971 and 26,210 shares of Common Stock, respectively, for redemptions of its Series A1 Preferred Stock, including accrued and unpaid dividends.

On the same dates, it issued 26,992, 19,296 and 162,792 shares of Common Stock, respectively, for redemptions of its Series A Preferred Stock, also including accrued and unpaid dividends. The conversion price for each date was based on the 20‑day volume-weighted average price of the Common Stock, at approximately $6.36, $5.41 and $4.30 per share for May 12, May 28 and June 15, 2026, respectively.

Rhea-AI Summary

Creative Media & Community Trust Corporation reported a larger net loss for Q1 2026 while advancing a balance-sheet restructuring. Net loss attributable to common stockholders was $34.7 million, or $(70.52) per diluted share, compared with a loss of $11.9 million, or $(1,983.00) per share, a year earlier after reverse stock splits.

FFO attributable to common stockholders was $(28.8) million, or $(58.47) per share, and Core FFO was $(5.9) million, or $(11.89) per share. Total segment NOI declined to $9.8 million from $11.8 million, reflecting softer office and hotel results, partly offset by improving multifamily occupancy.

The company sold its lending business for an effective $44.9 million price, generating about $31.2 million in net cash proceeds, and redeemed roughly $242.8 million of preferred stock into common shares during the quarter, contributing to cumulative preferred redemptions of about $396.2 million since September 2024. As of March 31, 2026, the office portfolio was 73.1% occupied, same-store multifamily occupancy reached 91.4%, and the Sheraton hotel posted RevPAR of $178.71 with 78.5% occupancy after a major renovation.

Rhea-AI Summary

Creative Media & Community Trust Corporation approved charter amendments to implement a one-for-ten reverse stock split of its common stock. Effective at 11:58 pm Eastern Time on April 17, 2026, every ten shares of $0.001 par value common stock were combined into one share with $0.01 par value.

One minute later, at 11:59 pm Eastern Time, a second amendment reverted the par value of the issued and outstanding common stock back to $0.001 per share. The full Articles of Amendment for the reverse split and par value change are filed as Exhibits 3.1 and 3.2.

Rhea-AI Summary

Creative Media & Community Trust Corporation approved changes to its charter to carry out a one-for-ten reverse stock split of its common stock. Effective as of 11:58 pm Eastern Time on March 25, 2026, every ten shares of common stock outstanding were automatically combined into one share.

At the time of the reverse split, the par value of the common stock temporarily changed from $0.001 per share to $0.01 per share. One minute later, at 11:59 pm Eastern Time on March 25, 2026, a second charter amendment reverted the par value back to $0.001 per share.

Rhea-AI Summary

Creative Media & Community Trust Corporation filed an amended report to specify how many common shares were issued to redeem several series of preferred stock. The company redeemed 88,250 Series A and 194,492 Series A1 preferred shares initiated before March 5, 2026 using common stock.

It then redeemed an additional 1,869,573 Series A, 7,539,638 Series A1 and 21,760 Series D preferred shares via common stock redemptions. Based on volume-weighted average prices, the company issued 3,429,015 common shares on March 12, 2026 and 257,787,595 common shares on March 16, 2026, in transactions exempt under Section 3(a)(9).

Rhea-AI Summary

Creative Media & Community Trust Corporation reported a net loss attributable to common stockholders of $(17.7) million, or $(11.20) per diluted share, for the quarter ended December 31, 2025. Funds from operations (FFO) were $(7.1) million, or $(4.49) per share, and Core FFO was $(5.9) million, or $(3.74) per share.

The real estate portfolio at year-end 2025 included 27 assets, with office properties 74.8% occupied, multifamily 85.3% occupied, and the hotel generating full-year RevPAR of $152.70. Same-store office NOI and cash NOI both increased, helped by stronger leasing in Austin and Beverly Hills.

Strategically, CMCT completed the sale of its lending business for a purchase price of approximately $44.9 million, yielding about $31.2 million of net cash proceeds. The company has redeemed $153.3 million of preferred stock since announcing its balance sheet plan and expects a March 2026 preferred stock redemption that it estimates will improve annual FFO by about $16.0 million and return its capital structure to roughly 38% common equity, 7% preferred equity and 55% debt on a fair value basis.

Rhea-AI Summary

Creative Media & Community Trust Corporation has completed the sale of its lending subsidiary, First Western SBLC, LLC, to PG FR Holding, LLC. The deal closed on January 21, 2026, for a purchase price of approximately $44.9 million (net of debt related to a 2023 loan securitization), subject to adjustment. After paying other debt, transaction costs and related items, the transaction delivered about $31.2 million in net cash proceeds to the company.

Pro forma as of September 30, 2025, cash and cash equivalents rise to about $46.0 million, total debt declines to roughly $497.2 million, and total assets fall as loans receivable and related assets are removed. Pro forma results still show sizeable net losses, with net loss attributable to common stockholders for the nine months ended September 30, 2025 at about $44.8 million and for 2024 at about $75.7 million, slightly larger losses than reported due to removing income from the sold lending business.

Rhea-AI Summary

Creative Media & Community Trust Corporation issued new common shares to redeem two series of preferred stock at holders’ request. On December 11, 2025 the company issued 62,895 shares of common stock for the redemption of 20,238 shares of Series A1 Preferred Stock, including accrued and unpaid dividends. The same day it issued 94,884 common shares for the redemption of 28,510 shares of Series A Preferred Stock, also including accrued and unpaid dividends.

The redemptions were settled in stock instead of cash, with the conversion price based on the volume-weighted average price of the common stock over the 20 trading days before the December 10, 2025 redemption date, which was approximately $7.58 per share.

Rhea-AI Summary

Creative Media & Community Trust Corporation reported an unregistered issuance of Common Stock to redeem several preferred stock series. On November 19, 2025, the company authorized the issuance of 850,885 Common shares for the redemption of 322,283 shares of Series A1 Preferred Stock, 891,896 Common shares for the redemption of 323,964 shares of Series A Preferred Stock, and 11,556 Common shares for the redemption of 4,122 shares of Series D Preferred Stock. These redemptions were made at the request of the preferred holders and were settled in stock instead of cash, including accrued and unpaid dividends. The conversion price for each issuance was based on the volume-weighted average price of the Common Stock over the 20 trading days before the November 19, 2025 redemption date and amounted to approximately $8.99 per share.

Rhea-AI Summary

Creative Media & Community Trust (CMCT) furnished materials announcing financial results for the quarter ended September 30, 2025. The company attached a press release as Exhibit 99.1 and a Q3 2025 shareholder presentation as Exhibit 99.2, which is also posted on its Shareholder Relations page. These materials are furnished, not filed, under Items 2.02 and 7.01.

Rhea-AI Summary

Creative Media & Community Trust Corporation (CMCT) signed a membership interest purchase agreement to sell all equity interests of its indirect subsidiary First Western SBLC, Inc. to PG FR Holding, LLC. The Company estimates a purchase price of approximately $44 million (net of debt from a 2023 securitization), with expected net cash proceeds of approximately $31 million to CMCT at closing.

The closing is conditioned on U.S. Small Business Administration consent and other customary conditions, with a termination right if the transaction has not closed by June 30, 2026. An affiliate of Peachtree Group provided an equity commitment letter to fund the Buyer.

At closing, Barry N. Berlin will resign as Executive Vice President, Chief Financial Officer, Treasurer, and Secretary. He will be succeeded by Brandon Hill as CFO and Treasurer and Christopher Filosa as Secretary, effective immediately after his resignation. Under a Separation Agreement, Mr. Berlin will receive $350,000 in severance plus an additional $270,000 if his resignation is effective on or before December 14, 2025 or $250,000 if on or after December 15, 2025, and CIM Group, L.P. will purchase specified vested CMFT shares.

Rhea-AI Summary

Creative Media & Community Trust Corporation reconvened its Special Meeting of Stockholders via webcast on October 16, 2025. A total of 505,193 shares were represented in person or by proxy, representing 64.0% of the shares entitled to vote.

Stockholders considered amendments to the charter to effect reverse stock splits of the common stock at ratios of 1:4, 1:7, and 1:10 at any time prior to September 23, 2026. The proposals received the following votes: 1:4 received 409,794 For, 91,846 Against, and 3,553 Abstentions; 1:7 received 405,276 For, 95,225 Against, and 4,692 Abstentions; 1:10 received 404,237 For, 96,169 Against, and 4,787 Abstentions.

No adjournment was determined to be necessary, and the meeting proceeded to conclusion without considering the adjournment proposal.

Rhea-AI 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.

Rhea-AI Summary

Creative Media & Community Trust Corporation announced that it issued a press release reporting its financial results for the period ended June 30, 2025, and furnished that release as Exhibit 99.1 to this Form 8-K. The company also furnished a Q2 2025 shareholder presentation as Exhibit 99.2 and posted the presentation on its Shareholder Relations page at www.creativemediacommunity.com. The filing explicitly states these materials are being furnished, not filed, and therefore are not subject to Section 18 liabilities or incorporation by reference into other filings. The 8-K lists the exhibits and contains an authorized signature by the Chief Financial Officer.