Granite Point Mortgage Trust Inc. Announces Completion of Reverse Stock Split

Granite Point Mortgage Trust Inc. Announces Completion of Reverse Stock Split

Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced the completion of its previously announced one-for-ten reverse stock split of the outstanding shares of the company’s common stock (the “Reverse Stock Split”). The Reverse Stock Split, which was effective at 5:00 p.m. Eastern Time on October 5, 2026, reduced the number of outstanding shares of the company’s common stock from approximately 48.2 million shares to approximately 4.8 million shares. The par value of each share of common stock will remain unchanged. The Company’s common stock will continue trading on the NYSE under the symbol “GPMT” and is assigned CUSIP number: 38741L 404.