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Lument Finance Trust Reports First Quarter Results


Lument Finance Trust Reports First Quarter Results
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NEW YORK, May 10, 2021 /PRNewswire/  
Lument Finance Trust, Inc. (NYSE: LFT) ( we , LFT or the Company ) today reported its first quarter 2021 results. GAAP Net income attributable to common shareholders for the quarter was $2.80 million, or $0.11 per share. Distributable earnings for the quarter was $2.84 million, or $0.11 per share. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.
Conference Call and Webcast Information
The Company will also host a conference call on Tuesday, May 11, 2021, at 8:30 AM ET to provide a business update and discuss the financial results for the first quarter of 2021. The conference call may be accessed by dialing 1-877-870-4263 (US) or 1-412-317-0790 (International). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust ca ....

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Lument Finance Trust Announces First Quarter Earnings Release and Investor Call Dates


Lument Finance Trust Announces First Quarter Earnings Release and Investor Call Dates
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NEW YORK, May 6, 2021 /PRNewswire/  
Lument Finance Trust, Inc. (NYSE: LFT) ( we , LFT or the Company ) announced today that it expects to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the Securities and Exchange Commission on May 10, 2021, after the market closes, and invites investors and other interested parties to listen to its live conference call via telephone or webcast on Tuesday, May 11, 2021 at 8:30 a.m. Eastern Time.
The conference call may be accessed by dialing 1-877-870-4263 (US) or 1-412-317-0790 (International). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webcast, on a listen-only basis, is also available and can be accessed through the URL:  ....

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Lument Finance Trust, Inc. Announces Closing of Public Offering of Series A Cumulative Redeemable Preferred Stock


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NEW YORK, May 5, 2021 /PRNewswire/  Lument Finance Trust, Inc. (NYSE: LFT) (the Company ) announced today that it has closed its underwritten public offering of 2,400,000 shares of its newly designated 7.875% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the Series A Preferred Stock ) at a public offering price of $25.00 per share.
The Company received approximately $58.1 million of net proceeds from the offering after deducting the underwriting discount but before estimated offering expenses payable by the Company.  The Company intends to use the net proceeds of the offering to make additional investments in target assets consistent with its investment strategy and for general corporate purposes. ....

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Lument Finance Trust Announces Pricing of Public Offering of Series A Cumulative Redeemable Preferred Stock


Lument Finance Trust Announces Pricing of Public Offering of Series A Cumulative Redeemable Preferred Stock
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NEW YORK, April 29, 2021 /PRNewswire/  Lument Finance Trust, Inc. (NYSE: LFT) ( LFT or the Company ) today announced that it priced an underwritten public offering of an aggregate of 2,400,000 shares of its newly designated 7.875% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock ) at a public offering price of $25.00 per share, for net proceeds of approximately $58.1 million, after the underwriting discount but before estimated offering expenses payable by the Company. The offering is expected to close on May 5, 2021, subject to customary closing conditions. ....

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Lument Finance Trust Announces Launch Of Public Offering Of Series A Cumulative Redeemable Preferred Stock


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NEW YORK, April 26, 2021 /PRNewswire/  Lument Finance Trust, Inc. (NYSE: LFT) ( LFT or the Company ) today announced the launch of an underwritten public offering of shares of its Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock ) with a $25.00 per share liquidation preference. LFT expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Series A Preferred Stock.
LFT intends to use the net proceeds from this offering to make additional investments in target assets consistent with its investment strategy and for general corporate purposes.
LFT intends to file an application to list the Series A Preferred Stock on the New York Stock Exchange under the ticker symbol LFTPrA. ....

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