Lument Finance Trust Announces Completion of Reverse Stock Split
Lument Finance Trust (LFT) completed a 1-for-10 reverse stock split, reducing shares from 52.56M to 5.26M. Shares trade on NYSE under 'LFT' with a new CUSIP. Fractional shares received cash at $6.959 per fraction. LFT focuses on commercial real estate debt investments, managed by Lument Investment Management.


