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  • Nov 20, 2024

      Show headlines and story abstract
    • 4:15PM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: AJX

      Great Ajax Establishes Effective Date of Previously Announced Rebrand to Rithm Property Trust
      NEW YORK--(BUSINESS WIRE)--November 20, 2024--
      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.