Recent Updates — LFT-PA

Lument Finance Trust, Inc. reported a GAAP net loss attributable to common shareholders of $9.2 million, or $0.18 per share, for the quarter ended June 30, 2026. The company also announced that its Board of Directors unanimously approved a 1-for-10 reverse stock split to regain compliance with New York Stock Exchange listing requirements. This split is expected to become effective at 5:00 pm Eastern Time on September 9, 2026, reducing the number of issued and outstanding common shares from approximately 52.5 million to 5.3 million. The company operates in the commercial real estate finance industry, primarily investing in transitional floating rate commercial mortgage loans.

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.