New York REIT, Inc. Announces Completion of 1-for-10 Reverse Stock Split
Summary
Instead, cash will be paid in lieu of any fractional share that would have otherwise resulted from the reverse stock split.About New York REIT, Inc. NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City.Actual results may differ materially from those contemplated by such forward-looking statements, including those set forth in the Risk Factors section of NYRTs most recent Annual Report on Form 10-K, and in future filings with the SEC.Further, forward-looking statements speak only as of the date they are made, and NYRT undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.Related Links NEW YORK, March 15, 2018 /PRNewswire/ -- New York REIT, Inc.(the "Company" or "NYRT") (NYSE: NYRT ) announced today that its previously announced 1-for-10 reverse stock split of common stock became effective today at 5:00 p.m. Eastern Time (the "Effective Time").