CMCT (CMCT) Announces 1:10 Reverse Share Split
FREE Breaking News Alerts from StreetInsider.com!
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
CMCT Announces Reverse Stock Split
January 2, 2025 6:45 AM ESTDALLAS--(BUSINESS WIRE)-- Creative Media & Community Trust Corporation (NASDAQ: CMCT and TASE: CMCT) (we, our, CMCT or the Company) announced today that its Board of Directors has approved a reverse stock split of CMCT common stock at a ratio of one-for-ten (the Reverse Stock Split). The Reverse Stock Split will become effective at 12:01 a.m. Eastern Standard Time on January 6, 2025 (the Effective Time), and CMCT common stock will begin trading on the Nasdaq Global Market on a split-adjusted basis at market open that same day.
At the Effective Time, every ten shares of CMCT common stock issued and... More
