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(RTTNews) - Creative Media & Community Trust Corp. (CMCT), Thursday revealed a reverse stock split of common stock at a ratio of one-for-ten, effective January 6.

Creative Media & Community Trust Corporation announced that its Board of Directors has approved a reverse stock split of CMCT common stock ...

The reverse stock split, a form of financial engineering that artificially boosts a company’s stock price, often sounds a death knell, especially for startups that exhausted funds in mergers ...

CMCT) (the “Company”) announced today that its Board of Directors has declared preferred stock dividends on its Series A, Series A1 and Series D Preferred Stock for the fourth quarter of 2024.

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 ...