Lument Finance Trust completes 1-for-10 reverse stock split
LFT•Reverse stock split completed
Lument Finance Trust completed a 1-for-10 reverse stock split following the close of business today.
- Common stock continues trading on the NYSE under LFT.
- Shares begin trading on a post-split basis Sept. 10, 2026 under new CUSIP 55025L306.
- Outstanding common shares fell to about 5,256,400 from 52,564,062.
- Cash will be paid in lieu of fractional shares at $6.96 per fractional share equivalent.
