secwatch.observer — SEC 8-K summary
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Issuer:     Lument Finance Trust, Inc. (LFT)
CIK:        0001547546
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001104659-22-053473
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lument Finance Trust grants OREC board designation right while OREC holds ≥5% stake
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- OREC IH (affiliate of external manager) may designate board nominee; Marie D. Reynolds nominated for June 15, 2022 annual meeting.
- OREC holds 14.3M shares (~$40M investment from Jan 2022 rights offering).
- Right expires when OREC beneficial ownership falls below 5%.
- Company agrees to include CEO of Manager in board slate at each election.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547546/000110465922053473/0001104659-22-053473-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547546/000110465922053473/tm2213771d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-053473

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer