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Will the number of shares of Granite Point Stock that I receive in the Stock Dividend be impacted by the Reverse Stock Split?

Q:

Will the number of shares of Granite Point Stock that I receive in the Stock Dividend be impacted by the Reverse Stock Split?

A:

The Reverse Stock Split will not impact the number of shares of Granite Point Stock that you may be entitled to receive in connection with the Stock Dividend, as the determination of the number of shares of Granite Point Stock that you may be entitled to receive will be made prior to the Effective Time of the Reverse Stock Split.