Lument Finance Trust gets NYSE notice for sub-$1 share price noncompliance
LFT•How the company can regain compliance
Compliance can be regained if month-end closing price is at least $1 and the 30-day average closing price is at least $1.
Options under review to restore compliance include a potential reverse stock split, pending any required corporate approvals.
NYSE deficiency notice for minimum price rule
Lument Finance Trust received an NYSE deficiency notice for breaching the $1 minimum average closing share price rule over 30 consecutive trading days.
NYSE listing remains in place during a six-month cure period ending Jan. 24, 2027, subject to other continued listing standards.
