Great Ajax Establishes Effective Date of Previously Announced Rebrand to Rithm Property Trust
Great Ajax Corp (NYSE: AJX) announced its rebranding to Rithm Property Trust Inc, effective December 2, 2024. The company's common stock will begin trading under the new ticker symbol 'RPT' on the New York Stock Exchange starting December 3, 2024, replacing the current 'AJX' symbol. The CUSIP remains unchanged, and shareholders need not take any action. The rebranding marks a new phase in the company's development as an opportunistic real estate investment platform and strengthens its relationship with Rithm Capital Corp (NYSE: RITM), a global asset manager.
Great Ajax Corp (NYSE: AJX) ha annunciato il suo rebranding in Rithm Property Trust Inc, con effetto dal 2 dicembre 2024. Le azioni ordinarie della società inizieranno a essere scambiate con il nuovo simbolo 'RPT' sulla Borsa di New York a partire dal 3 dicembre 2024, sostituendo l'attuale simbolo 'AJX'. Il CUSIP rimane invariato e gli azionisti non devono intraprendere alcuna azione. Il rebranding segna una nuova fase nello sviluppo della società come piattaforma di investimento immobiliare opportunistica e rafforza la sua relazione con Rithm Capital Corp (NYSE: RITM), un gestore di asset globale.
Great Ajax Corp (NYSE: AJX) anunció su cambio de marca a Rithm Property Trust Inc, que entrará en vigencia el 2 de diciembre de 2024. Las acciones comunes de la compañía comenzarán a cotizar bajo el nuevo símbolo 'RPT' en la Bolsa de Nueva York a partir del 3 de diciembre de 2024, reemplazando el actual símbolo 'AJX'. El CUSIP permanece sin cambios, y los accionistas no necesitan tomar ninguna acción. El rebranding marca una nueva fase en el desarrollo de la empresa como una plataforma de inversión inmobiliaria oportunista y fortalece su relación con Rithm Capital Corp (NYSE: RITM), un gestor de activos global.
Great Ajax Corp (NYSE: AJX)는 2024년 12월 2일부로 Rithm Property Trust Inc로 리브랜딩한다고 발표했습니다. 회사의 보통주는 2024년 12월 3일부터 뉴욕증권거래소에서 새로운 티커 기호 'RPT'로 거래를 시작하며, 현재의 'AJX' 기호를 대체합니다. CUSIP은 변경되지 않으며, 주주들은 어떠한 조치를 취할 필요가 없습니다. 리브랜딩은 회사의 기회주의 부동산 투자 플랫폼으로서의 새로운 발전 단계를 나타내며 Rithm Capital Corp (NYSE: RITM)와의 관계를 강화합니다.
Great Ajax Corp (NYSE: AJX) a annoncé son changement de marque en Rithm Property Trust Inc, effectif à partir du 2 décembre 2024. Les actions ordinaires de la société commenceront à être négociées sous le nouveau symbole 'RPT' à la Bourse de New York à partir du 3 décembre 2024, remplaçant le symbole actuel 'AJX'. Le CUSIP reste inchangé et les actionnaires n'ont pas besoin de prendre de mesures. Ce changement de marque marque une nouvelle phase dans le développement de la société en tant que plateforme d'investissement immobilier opportuniste et renforce sa relation avec Rithm Capital Corp (NYSE: RITM), un gestionnaire d'actifs mondial.
Great Ajax Corp (NYSE: AJX) hat seine Umbenennung in Rithm Property Trust Inc zum 2. Dezember 2024 bekannt gegeben. Die Stammaktien des Unternehmens werden ab dem 3. Dezember 2024 unter dem neuen Tickersymbol 'RPT' an der New Yorker Börse gehandelt und ersetzen das aktuelle Symbol 'AJX'. Die CUSIP bleibt unverändert, und die Aktionäre müssen keine Maßnahmen ergreifen. Die Umbenennung markiert eine neue Phase in der Entwicklung des Unternehmens als opportunistische Immobilieninvestmentplattform und stärkt seine Beziehung zu Rithm Capital Corp (NYSE: RITM), einem globalen Asset-Manager.
- Strategic alignment with Rithm Capital Corp, a leading global asset manager
- Continuation of trading on major exchange (NYSE) maintaining market visibility
- None.
Insights
The rebranding from Great Ajax to Rithm Property Trust represents a strategic alignment with Rithm Capital Corp, but offers minimal immediate financial or operational impact. The ticker symbol change from AJX to RPT and associated rebranding efforts are largely cosmetic changes that don't materially affect the company's business model, assets, or financial performance. While the closer association with Rithm Capital could potentially lead to future synergies and opportunities, this announcement alone doesn't warrant significant investor attention. The continuation of the same CUSIP number and seamless transition for shareholders further emphasizes the administrative nature of this change.
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
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Investor Relations
646-868-5483
ir@great-ajax.com
Source: Great Ajax Corp.
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