TWO HARBORS INVESTMENT CORP. 8-K

What Happened Two Harbors Investment Corp. announced on March 19, 2026 that its Board received an unsolicited cash offer to buy all outstanding common shares for $10.70 per share. After consulting financial advisors and outside counsel, an ad hoc committee of the Board determined in good faith that the unsolicited proposal could reasonably be expected to lead to a "Company Superior Proposal" under the terms of the existing Agreement and Plan of Merger dated December 17, 2025 with UWM Acquisitions 1, LLC and UWM Holdings Corporation (UWMC). A press release describing the event was attached to the 8-K.

Key Details

• Date filed: March 19, 2026 (press release attached as Exhibit 99.1).
• Offer: unsolicited cash proposal of $10.70 per share for all outstanding common stock.
• Process: ad hoc committee, after consultation with financial and legal advisers, concluded the proposal could reasonably lead to a "Company Superior Proposal" under the December 17, 2025 merger agreement with UWMC.
• Background: UWMC’s Registration Statement was declared effective Feb 9, 2026 and the Proxy Statement was filed and mailed in February 2026; the proposed UWMC merger is subject to stockholder approval.

Why It Matters This filing informs investors that a competing unsolicited bid has surfaced that the Board’s ad hoc committee views as potentially superior to the pending UWMC transaction. That could affect the outcome, timing, or terms of the merger vote and may influence Two Harbors’ stock price and strategic options going forward. Investors should monitor further disclosures, the company proxy materials, and any updates from the Board or UWMC.