PMC Commercial Trust just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

424B3 1 a16-18758_1424b3.htm 424B3   Filed Pursuant to Rule 424(b)(3) Registration No. 333-210880   CIM COMMERCIAL TRUST CORPORATION   SUPPLEMENT NO. 2, DATED OCTOBER 11, 2016, TO THE PROSPECTUS, DATED JULY 1, 2016   This prospectus supplement (this “Supplement No. 2”) is part of the prospectus of CIM Commercial Trust Corporation (the “Company”), dated July 1, 2016 (the “Prospectus”), as supplemented by Supplement No. 1, dated September 21, 2016 (“Supplement No. 1”). This Supple ment No. 2 supplements certain information contained in the Prospectus. This Supplement No. 2 should be read, and will be delivered, with the Prospectus and Supplement No. 1.   The purpose of this Supplement No. 2 is to:   ·                  reflect certain changes to the terms of the offering; and ·                  update for certain other developments.     PROSPECTUS UPDATES   The Offering   The following disclosure replaces in its entirety the first paragraph under the heading “Preferred Stock Offered by Us: Redemption at the Option of a Holder” in the Offering section of the Prospectus:   Redemption at the Option of a Holder.  Beginning on the date of original issuance of any given shares of Series A Preferred Stock until but excluding the second anniversary of the date of original issuance of such shares, the holder will have the right to require the Company to redeem such shares at a redemption price equal to the Stated Value, initially $25 per share, less a 13% redemption fee, plus any accrued but unpaid dividends.   Beginning on the second anniversary of the date of original issuance of any given shares of Series A Preferred Stock until but excluding the fifth anniversary of the date of original issuance of such shares, the holder will have the right to require the Company to redeem such shares at a redemption price equal to the Stated Value, initially $25 per share, less a 10% redemption fee, plus any accrued but unpaid dividends.   The following disclosure replaces in its en

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Registration of securities [Section 12(b)] - Nov. 22, 2017
PMC Commercial Trust just filed a prospectus, suggesting it plans to soon issue some securities - Nov. 21, 2017
Material Modification to Rights of Security - Nov. 21, 2017
Filing under Securities Act Rules 163/433 of free writing prospectuses - Nov. 17, 2017
PMC Commercial Trust Just Received a Notice of Effectiveness - Nov. 16, 2017

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