 NEW YORK, April 29, 2021 PRNewswire -- Lument Finance Trust, Inc. NYSE: LFT LFT or the Company today announced that it priced an underwritten public offering of an aggregate of 2,400,000 shares of its newly designated 7.875 Series A Cumulative Redeemable Preferred Stock the Series A Preferred Stock at a public offering price of 25.00 per share, for net proceeds of approximately 58.1 million, after the underwriting discount but before estimated offering expenses payable by the Company. The offering is expected to close on May 5, 2021, subject to customary closing conditions. 