 CIM Commercial Trust Corporation NASDAQ: CMCT and TASE: CMCT-L we, our or the Company, a real estate investment trust that principally acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States, announced today the results of its cash tender offer to purchase up to 2,693,580 shares of its Series L Preferred Stock the Tender Offer at a price of 29.12 U.S. dollars USD per share of which 1.39 USD reflects the amount of dividends on the Series L Preferred Stock that accrued through today, as converted to New Israeli Shekels ILS, less any applicable withholding taxes, which expired at 4:00 P.M., Israel time 9:00 A.M., New York time, on November 20, 2019. Based on the counts provided by the coordinator of the Tender Offer in Israel the Israeli Tender Offer Coordinator and the U.S depositary for the Tender Offer, the Tender Offer was oversubscribed, with a total of 7,964,328 shares of Series L Preferred Stock properly tendered and not properly withdrawn in the Tender Offer. 