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Creative Media & Community Trust Corporation — Major Shareholding Notification 2017
Nov 19, 2017
6737_rns_2017-11-19_de68f308-c8ca-4ca9-bbad-1cf08c55ae10.pdf
Major Shareholding Notification
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CIM COMMERCIAL TRUST CORPORATION
(the "Company", "we," "us" or "our")
As of November 19, 2017, approximately 96.27% of our Common Stock is presently owned by Urban Partners II, LLC, an affiliate of CIM Group, which we refer to as Urban II, other affiliates of CIM Group and our executive officers and directors.
Beneficial Owners of More than 5% of our Common Stock
The following table sets forth certain information regarding the beneficial ownership of our Common Stock and Series A Preferred Stock based on filings with the SEC as of November 8, 2017 by each person known by us to own beneficially more than 5% of our Common Stock.
| Name of Beneficial Owner(1) |
Common Stock | Series A Preferred Stock |
||
|---|---|---|---|---|
| No. of Shares |
Percent of Class |
No. of Share s |
Perce nt of Class |
|
| Urban Partners II, LLC |
||||
| c/o CIM Group 4700 Wilshire Boulevard |
||||
| Los Angeles, California 90010 | 55,718,648 | 96.27% | — | — |
| Richard Ressler(1) | 56,103,251(2) | 96.94% | — | — |
| Avi Shemesh(1) | 56,088,205(2) | 96.91% | — | — |
| Shaul Kuba(1) | 56,088,205(2) | 96.91% | — | — |
(1) The business address of Messrs. Ressler, Shemesh and Kuba, for the purposes hereof, is c/o CIM Group, 4700 Wilshire Boulevard, Los Angeles, California 90010.
(2) Certain of these shares are owned directly by CIM Service Provider, LLC and Urban Partners II, LLC. CIM Group, LLC is the sole equity member of CIM Service Provider, LLC and the sole manager of CIM Urban Partners GP, LLC, which in turn is the sole managing member of Urban Partners II, LLC. The reporting person, Shaul Kuba and Avraham Shemesh may be deemed to beneficially own the 55,718,648 shares owned by Urban Partners II, LLC and the 353,944 shares owned by CIM Service Provider, LLC because of their positions with CIM Group, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose