Post-Merger Ownership Structure Chart for PMC Commercial Trust and Subsidiaries

Contract Categories: Mergers & Acquisitions › Merger Agreements
Summary

This document outlines the ownership structure of PMC Commercial Trust and its subsidiaries following a merger. After the merger, CIM Urban Partners GP, LLC and CIM Urban REIT, LLC will collectively own about 97.8% of PMC Commercial Trust's common shares (assuming preferred shares are converted), while existing common shareholders before the merger will retain 2.2%. The chart details the distribution of shares and the resulting control of the company.

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EX-10.4 6 d565081dex104.htm EX-10.4 EX-10.4

Exhibit 10.4

Annex D

Chart of Structure of PMC Commercial Trust and its Subsidiaries after the Merger

 

 

1. Following the Merger, CIM Urban Partners GP, LLC and CIM Urban REIT, LLC will own PMC Commercial Trust Common Shares and PMC Commercial Trust Preferred Shares representing approximately 97.8% of the total outstanding PMC Commercial Trust Common Shares (assuming conversion of the PMC Commercial Trust Preferred Shares). The pre-Merger Common Shareholders of PMC Commercial Trust will own the remaining 2.2% of the total outstanding PMC Commercial Trust Common Shares (assuming conversion of the PMC Commercial Trust Preferred Shares).