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NEW YORK, April 10, 2024--Great Ajax Corp. (NYSE: AJX; the "Company"), a real estate investment trust, announced today that its board of directors has fixed a record date of April 22, 2024 for its 2024 meeting of stockholders (the "Meeting") to, among other things, consider and vote upon certain matters relating to the previously announced strategic transaction (the "Transaction") by and between the Company and Rithm Capital Corp. (together with its subsidiaries, "Rithm").
Challenging Quarter Ends with Net Loss and Decreased Book Value per Share
A subsidiary of Rithm (RITM) is expected to extend a $70 million one-year term loan to Great Ajax.