Annual report
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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 CIM COMMERCIAL TRUST CORPORATION ( Exact Name of Registrant as Specified in Its Charter ) Maryland ( State or Other Jurisdiction of Incorporation or Organization ) 17950 Preston Road , Suite 600 , Dallas , Texas ( Address of Principal Executive Offices ) Commission file number 1-13610 Common Stock , $ 0.001 Par Value Common Stock , $ 0.001 Par Value Series L Preferred Stock , $ 0.001 Par Value Series L Preferred Stock , $ 0.001 Par Value ( Title of each class ) ( 972 ) 349-3200 ( Registrant's telephone number , including area code ) Securities Registered Pursuant to Section 12 ( b ) of the Act : CMCT CMCT - L CMCTP CMCTP Large accelerated filer □ Smaller reporting company ( Trading symbol ) 75-6446078 ( I.R.S. Employer Identification No. ) 75252 ( Zip Code ) Nasdaq Global Market Tel Aviv Stock Exchange Nasdaq Global Market Tel Aviv Stock Exchange ( Name of each exchange on which registered ) Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit and post such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer > Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . O Non - accelerated filer Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined by Rule 12b - 2 of the Act . ) Yes No As of June 30 , 2020 , the aggregate market value of the voting common stock held by non - affiliates of the registrant , computed by reference to the average high and low sales prices on the Nasdaq Global Market as of the close of business on June 30 , 2020 , was approximately $ 126.5 million . The registrant does not have any nonvoting common equities . As of March 11 , 2021 , the registrant had outstanding 14,827,410 shares of common stock , par value $ 0.001 per share . Documents Incorporated by Reference Part III of this Annual Report on Form 10 - K incorporates by reference specified portions of CIM Commercial Trust Corporation's Proxy Statement for its 2021 Annual Meeting of Stockholders , which the registrant anticipates will be filed with the Securities and Exchange Commission no later than April 30 , 2021 .