Rithm Property Trust Announces Reverse Stock Split

Rithm Property Trust Inc. announced a one-for-six reverse stock split of its common stock, effective December 30, 2025. This action will reduce the number of outstanding shares from approximately 45.4 million to 7.6 million. The stock will continue trading on the NYSE under the symbol "RPT" and is expected to trade on a split-adjusted basis starting December 31, 2025, with a new CUSIP number. Fractional shares will be paid in cash. The company also noted that this reverse stock split may decrease liquidity and could potentially lower overall market capitalization, although it aims to increase the per-share trading price.