Daniel M. Negari Proposed Acquisition and Alternative Value-Enhancement Strategies to the Board of Creative Media & Community Trust Corporation (CMCT)

Key Summary: On March 10, 2023, Daniel M. Negari and Michael R. Ambrose (5.4%) urged the company to sell a property for share buybacks and proposed acquiring all shares for $8.88 each on April 17. By September 27, Negari (6%) reiterated his proposal and suggested alternatives like selling non-core assets. On January 13, 2021, Lionbridge Capital and Robo…