Lument Finance Trust Receives NYSE Continued Listing Standard Notice
Lument Finance Trust received a notice from the NYSE that it is not in compliance with the continued listing standard requiring a minimum average closing price of $1.00 over a 30-day period. The company has a six-month cure period ending January 24, 2027, to regain compliance by maintaining a closing price and 30-day average of at least $1.00 on the last trading day of any calendar month.
Key figures
- Cure period end date
- January 24, 2027
- Min share price threshold
- $1.00
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