---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-027383"
form_type: "8-K"
ticker: "LFT"
cik: "0001547546"
company_name: "Lument Finance Trust, Inc."
filed_at: "2022-02-25T23:59:59+00:00"
generated_at: "2026-06-27T04:10:46.030049+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lument Finance Trust closes rights offering raising $83.5M; amends credit agreement leverage covenant

## Summary
- Raised $83.5M gross from issuance of 27,277,269 shares at $3.06/share in transferable rights offering.
- Net proceeds to be used to acquire commercial real estate mortgage loans and for general corporate purposes.
- Board waived ownership limits for OREC (manager affiliate) with a 27.4% limit; general limit decreased to 8.75%.
- Fourth amendment to credit agreement modifies maximum total net leverage ratio financial covenant.
- Rights offering expired Feb 11, 2022; shares issued Feb 22, 2022.

## SEC filing metadata
- accession: 0001104659-22-027383
- form_type: 8-K
- ticker: LFT
- cik: 0001547546
- company_name: Lument Finance Trust, Inc.
- filed_at: 2022-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547546/000110465922027383/0001104659-22-027383-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547546/000110465922027383/tm227730d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-027383
- JSON: https://secwatch.observer/filing/0001104659-22-027383.json
- Plain text: https://secwatch.observer/filing/0001104659-22-027383.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.