0001179110-21-007150.txt : 20210629 0001179110-21-007150.hdr.sgml : 20210629 20210629200421 ACCESSION NUMBER: 0001179110-21-007150 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210625 FILED AS OF DATE: 20210629 DATE AS OF CHANGE: 20210629 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CIM Urban Sponsor, LLC CENTRAL INDEX KEY: 0001785759 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13610 FILM NUMBER: 211059853 BUSINESS ADDRESS: STREET 1: 4700 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90010 BUSINESS PHONE: 323.860.4900 MAIL ADDRESS: STREET 1: 4700 WILSHIRE BLVD CITY: LOS ANGELES STATE: CA ZIP: 90010 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CIM Commercial Trust Corp CENTRAL INDEX KEY: 0000908311 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 756446078 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 17950 PRESTON RD STREET 2: SUITE 600 CITY: DALLAS STATE: TX ZIP: 75252 BUSINESS PHONE: 972-349-3200 MAIL ADDRESS: STREET 1: 17950 PRESTON RD STREET 2: SUITE 600 CITY: DALLAS STATE: TX ZIP: 75252 FORMER COMPANY: FORMER CONFORMED NAME: PMC COMMERCIAL TRUST /TX DATE OF NAME CHANGE: 19950111 4 1 edgar.xml FORM 4 - X0306 4 2021-06-25 0 0000908311 CIM Commercial Trust Corp CMCT 0001785759 CIM Urban Sponsor, LLC 4700 WILSHIRE BLVD. LOS ANGELES CA 90010 0 0 0 1 Member of 10% owner group Common Stock 2021-06-25 4 O 0 316305 9.25 A 473033 D Subscription Rights (right to buy) 9.25 2021-06-25 4 O 0 156728 0 D 2021-06-11 2021-06-23 Common Stock 156728 0 D On June 10, 2021, the issuer commenced a rights offering pursuant to which the issuer distributed non transferable subscription rights (the "Subscription Rights") to holders of record of its common stock as of 4:00 p.m., New York Time, on June 11, 2021. Each eligible recordholder received one Subscription Right for each share of common stock held of record by such holder as of the record date. Each Subscription Right entitled its holder, subject to certain limitations and conditions, to purchase one share of common stock at a subscription price of $9.25 per share. Holders of Subscription Rights that exercised in full such basic subscription rights were entitled, subject to certain limitations and conditions, to oversubscribe for additional shares of common stock that remained unsubscribed for in the rights offering. The rights offering expired on June 23, 2021 and the Company announced the results of the offering on June 25, 2021. The reporting person exercised in full his Subscription Rights, and exercised oversubscription rights in respect of, and was allocated, an additional 159,577 shares of common stock. /s/ David Thompson, Vice President 2021-06-29