XAI Octagon Floating Rate & Alternative Income Trust Announces 1-For-5 Reverse Stock Split and Effective Date

CHICAGO, March 06, 2026 (GLOBE NEWSWIRE) — XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) today announced that its Board of Trustees has approved the implementation of a 1-for-5 reverse stock split (the “Reverse Stock Split”) of the Trust’s common shares of beneficial interest, par value $0.01 per share (the “Common Shares”).

Original source: https://www.globenewswire.com/news-release/2026/03/06/3251361/0/en/XAI-Octagon-Floating-Rate-Alternative-Income-Trust-Announces-1-For-5-Reverse-Stock-Split-and-Effective-Date.html