Lument Finance Trust gets NYSE notice for sub-$1 share price noncompliance

Reuters2026/07/30 21:03

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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.
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lument Finance Trust Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607301630PR_NEWS_USPR_____NY16316) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lument Finance Trust gets NYSE notice for sub-$1 share price noncompliance

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