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

Lument Finance Trust will execute a 1-for-10 reverse stock split to regain compliance with New York Stock Exchange listing rules.

The split is expected to take effect at 5 p.m. ET on Sept. 9, 2026, with split-adjusted trading expected to begin on Sept. 10.

Every 10 common shares will convert into one share. No fractional shares will be issued, and shareholders will receive cash in lieu of any fractional shares.

Issued and outstanding common shares are expected to decline to about 5,300,000 from about 52,500,000.

The shares will continue trading under ticker LFT. The new CUSIP will be 55025L306.