CIM COMMERCIAL TRUST CORPORATION (NASDAQ:CMCT) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
CIM Commercial Trust Corporation (the Company) filed two amendments to its charter (each an Amendment and collectively, the Amendments) with the State Department of Assessments and Taxation of Maryland, which effected the Companys previously announced 1-for-3 reverse stock split of its issued and outstanding common stock. The first Amendment, which became effective at 12:01 am on September 3, 2019, converted every three shares of the Companys issued and outstanding common stock, $0.001 par value per share, into one share of the Companys common stock, $0.003 par value per share. The second Amendment, which became effective at 12:02 am on September 3, 2019, reverted the par value of the Companys issued and outstanding common stock to $0.001 per share.
The information set forth above does not purport to be complete in scope and is qualified in its entirety by the full text of the Amendments, which are attached to this Current Report on Form 8-K as Exhibits 3.1 and 3.2 and incorporated into this Item 5.03 by reference.
Item 9.01 Financial Statements and Exhibits.