Rithm Property Trust Announces Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--Rithm Property Trust Inc. (NYSE: RPT, "RPT†or the "Company†) today announced that its Board of Directors unanimously approved a one-for-six reverse stock split (the "Reverse Stock Split†) of the Company's issued and outstanding shares of common stock (the "Common Stock†). The Reverse Stock Split is expected to take effect as of 5:00 p.m. Eastern Time, on December 30, 2025. Accordingly, at such time, every six issued and outstanding shares of Common Stock will be conv. ...