PMC Commercial Trust just filed a prospectus, suggesting it plans to soon issue some securities

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:

Item 2.    Unregistered Sales of Equity Securities and Use of Proceeds

 

On September 14, 2016, we repurchased in a privately negotiated transaction 3,628,116 shares of our Common Stock from Urban II.

 

The following table summarizes the purchases of our Common Stock during the three months ended September 30, 2016:

 

 

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

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