Lument Finance Trust announces 1-for-10 reverse stock split effective Sept. 9, 2026

Reuters2026/08/13 20:53

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Lument Finance Trust will execute a 1-for-10 reverse stock split to regain compliance with New York Stock Exchange listing rules.
Split expected to take effect at 5 p.m. ET on Sept. 9, 2026; split-adjusted trading expected to start Sept. 10.
Every 10 common shares will convert into one share; no fractional shares, with cash paid in lieu.
Issued and outstanding common shares expected to drop to about 5,300,000 from about 52,500,000.
Shares will continue trading under ticker LFT; new CUSIP 55025L306.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lument Finance Trust Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608131650PR_NEWS_USPR_____NY26290) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lument Finance Trust announces 1-for-10 reverse stock split effective Sept. 9, 2026

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