Lument Finance Trust completes 1-for-10 reverse stock split; shares drop to ~5.26M

Lument Finance Trust, Inc.

1-for-10 reverse split effective after market close Sept 9, 2026; shares reduced from 52,564,062 to ~5,256,400.
Common stock continues on NYSE under symbol LFT; new CUSIP 55025L306 effective Sept 10, 2026.
No fractional shares issued; holders get cash at $6.959 per fractional share.
Par value adjusted from $0.10 to $0.01 after split; authorized shares unchanged.
Transfer agent Equiniti will provide details to stockholders; no action required.

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