CMCT Announces 1-for-10 Reverse Stock Split

CMCT announced a reverse stock split of its common stock by a ratio of 1-for-10, effective March 26, 2026. The split was approved by shareholders in October 2025. Stockholders who hold shares in book-entry form or through a bank, broker, or nominee do not need to take any action. CMCT common stock will trade on the Nasdaq Capital Market on a split-adjusted basis at market open on March 26, 2026.