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Lument Finance Trust, Inc. received a notice of deficiency from the New York Stock Exchange on July 24, 2026, for…
LFT-PALument Finance Trust, Inc.
Lument Finance Trust, Inc. received a notice of deficiency from the New York Stock Exchange on July 24, 2026, for failing to maintain a minimum average closing share price of $1.00 over a consecutive 30-trading-day period. The filing confirms that common stock will continue trading during a six-month cure period ending January 24, 2027, provided the company meets specific price and volume requirements. Management is considering alternatives to regain compliance, including a potential reverse stock split, though no action has been committed. Lument Finance Trust operates in the commercial real estate finance industry, primarily investing in transitional floating rate commercial mortgage loans.