Creative Media & Community Trust Corp 8-K

What Happened

• Creative Media & Community Trust Corporation filed an 8-K (dated April 22, 2026) reporting two charter amendments to effect a one‑for‑ten reverse stock split of its common stock.
• The first amendment became effective at 11:58 p.m. Eastern Time on April 17, 2026, automatically combining every ten issued and outstanding shares into one share. The second amendment, effective at 11:59 p.m. Eastern Time on April 17, 2026, reverted the par value of issued and outstanding common stock back to $0.001 per share. The amendments were filed with the Maryland State Department of Assessments and Taxation and are included as exhibits to the Form 8-K.

Key Details

• Reverse split ratio: 1-for-10 (every 10 shares → 1 share).
• Effective times: 11:58 p.m. ET (share combination) and 11:59 p.m. ET (par value revert) on April 17, 2026.
• Temporary par value change: common stock par value was reflected as $0.01 per share during the combination and was reverted to $0.001 per share one minute later.
• Amendments filed with Maryland SDAT and attached as Exhibits 3.1 and 3.2 to the 8-K.

Why It Matters

• The reverse stock split reduces the number of outstanding shares by a factor of 10 and should proportionally increase the per‑share price, but it does not by itself change shareholders’ percentage ownership or the company’s market capitalization.
• Investors should expect updated share counts and adjusted per‑share pricing reflected on brokerage accounts and market quotes; consult the filed amendment text (exhibits) or your broker for details on fractional-share treatment and the practical effects on holdings.