Lument Finance Trust (LFT) Announces Transferable Rights Offering
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Lument Finance Trust, Inc. Announces Transferable Rights Offering
January 7, 2022 9:02 AM ESTNEW YORK, Jan. 7, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. Â (NYSE: LFT) ("we," "us," "our," "LFT" or the "Company") announced today that its Board of Directors has approved the terms of a transferable rights offering to purchase shares of its common stock. Wells Fargo Securities, LLC and JMP Securities, A Citizens Company, will act as Dealer Managers for the offering.
"We expect this offering to be a transformative equity raise event that will provide us with the growth capital necessary to further our objectives of achieving appropriate operating scale and... More
