Great Ajax Establishes Effective Date of Previously Announced Rebrand to Rithm Property Trust
November 20 2024 - 3:15PM
Business Wire
Great Ajax Corp. (NYSE: AJX, “Great Ajax” or the “Company”)
today announced it will complete its previously announced name
change and rebrand to Rithm Property Trust Inc. on December 2,
2024. In conjunction with the rebrand, the Company’s common stock
will begin trading on the New York Stock Exchange at the market
open on December 3, 2024, under the Company’s new name and new
ticker symbol of “RPT”. This will replace the Company’s current
ticker symbol, “AJX.” The CUSIP for the Company’s common stock will
not change, and shareholders do not need to take any action as a
result of the name change. The Company’s new website will be
www.rithmpropertytrust.com. The rebranding initiative highlights a
new chapter in the Company’s evolution as an opportunistic real
estate investment platform and will reinforce the beneficial
relationship with Rithm Capital Corp. (NYSE: RITM), a leading
global asset manager.
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Great Ajax will be rebranded to Rithm
Property Trust on December 2, 2024 (Graphic: Business Wire)
About Great Ajax Corp.
Great Ajax Corp. is a real estate investment platform externally
managed by an affiliate of Rithm Capital Corp. Great Ajax has
historically focused on acquiring, investing in and managing
re-performing loans and non-performing loans secured by
single-family residences and commercial properties. In connection
with its strategic transaction with Rithm Capital, the Company is
transitioning to a flexible commercial real estate focused
investment strategy. Great Ajax is a Maryland corporation that is
organized and conducts its operations to qualify as a real estate
investment trust (REIT) for federal income tax purposes.
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Investor Relations 646-868-5483 ir@great-ajax.com
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