Creative Media & Community Trust issues 30,555 common shares in preferred stock redemptions at $4.35 VWAP

Reuters2026/09/10 21:18

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Creative Media & Community Trust issued 30,555 common shares on Sept. 9, 2026, in lieu of cash for preferred stock redemptions.
Issuance covered 1,388 Series A1 preferred shares and 4,087 Series A preferred shares, including accrued and unpaid dividends.
Conversion price was based on 20-day VWAP before the redemption date, at about $4.35 per common share.
Outstanding redemption requests total about 12,217 Series A1 preferred shares and 9,906 Series A preferred shares.
Company can settle future redemptions in common stock or cash, with stock issuance tied to the next trading window.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Creative Media & Community Trust Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000908311-26-000106), on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Creative Media & Community Trust issues 30,555 common shares in preferred stock redemptions at $4.35 VWAP

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