{"id":851136,"date":"2023-01-10T06:02:20","date_gmt":"2023-01-10T05:02:20","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/cmcts-redemption-of-its-series-l-preferred-stock\/"},"modified":"2023-01-10T06:02:20","modified_gmt":"2023-01-10T05:02:20","slug":"cmcts-redemption-of-its-series-l-preferred-stock","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cmcts-redemption-of-its-series-l-preferred-stock\/","title":{"rendered":"CMCT\u2019s Redemption of its Series L Preferred Stock"},"content":{"rendered":"DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) Creative Media & Community Trust Corporation (\u201cCMCT\u201d) previously announced that it will redeem all outstanding shares of its Series L Preferred Stock in cash on January 25, 2023 at its stated value, USD 28.37 per share, plus accrued and unpaid dividends (collectively, the \u201cRedemption Price\u201d). There are 2,951,876 shares of Series L Preferred Stock outstanding as of the date hereof.\n\n\n\nAs required by the terms of the Series L Preferred Stock, CMCT will convert the Redemption Price from USD into ILS on January 19, 2023. CMCT will announce the result of the conversion on its website.\n\n\nAll holders of record of the Series L Preferred Stock on January 19, 2023 will receive
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DALLAS–(BUSINESS WIRE)–CMCT (NASDAQ: CMCT and TASE: CMCT-L) Creative Media & Community Trust Corporation (\u201cCMCT\u201d) previously announced that it will redeem all outstanding shares of its Series L Preferred Stock in cash on January 25, 2023 at its stated value, USD 28.37 per share, plus accrued and unpaid dividends (collectively, the \u201cRedemption Price\u201d). There are 2,951,876 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-851136","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nCMCT\u2019s Redemption of its Series L Preferred Stock - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/cmcts-redemption-of-its-series-l-preferred-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMCT\u2019s Redemption of its Series L Preferred Stock - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DALLAS--(BUSINESS WIRE)--CMCT (NASDAQ: CMCT and TASE: CMCT-L) Creative Media & Community Trust Corporation (\u201cCMCT\u201d) previously announced that it will redeem all outstanding shares of its Series L Preferred Stock in cash on January 25, 2023 at its stated value, USD 28.37 per share, plus accrued and unpaid dividends (collectively, the \u201cRedemption Price\u201d). 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