CIM REAL ESTATE FINANCE TRUST, INC. 8K

The company created a large new series of Special Voting Preferred Stock paired with partnership units to confer significant voting and consent rights over key corporate actions without economic dividends or liquidation rights, and clarified related governance and REIT-status implications.

CIM Real Estate Finance Trust, Inc. filed Articles Supplementary establishing a new series of 1,000,000,000 shares of Special Voting Preferred Stock that carries no dividend or liquidation rights but is structurally paired one-for-one with Class A Limited Partnership Units of CIM Finance Holdings, LP and provides its holders with voting rights equivalent to their corresponding partnership units on all stockholder matters, plus separate class consent rights over a broad set of significant corporate and financing actions by the company and its restricted subsidiaries (such as major indebtedness, equity issuances, mergers, asset sales, governance document amendments, CEO appointment/removal, certain employment and management agreement terminations, and changes in general partner interests), while also specifying cancellation mechanics upon certain partnership-level transactions and confirming that, following the board’s June 23, 2026 decision for the company to cease attempting to qualify as a REIT, these shares are not subject to the charter’s ownership and transfer limitations in Article VI.

Filing Facts

CIK

1498547

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-286851

Alert Tier

6