Great Ajax Establishes Effective Date of Previously Announced Rebrand to Rithm Property Trust

Great Ajax Corp. (NYSE: AJX, โ€œGreat Ajaxโ€ or the โ€œCompanyโ€) 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 Companyโ€™s common stock will begin trading on the New York Stock Exchange at the market open on December 3, 2024, under the Companyโ€™s new name and new ticker symbol of โ€œRPTโ€. This will replace the Companyโ€™s current ticker symbol, โ€œAJX.โ€ The CUSIP for the Companyโ€™s common stock will not change, and shareholders do not need to take any action as a result of the name change. The Companyโ€™s new website will be www.rithmpropertytrust.com. The rebranding initiative highlights a new chapter in the Companyโ€™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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241120648050/en/

Great Ajax will be rebranded to Rithm Property Trust on December 2, 2024 (Graphic: Business Wire)

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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