{"schema_version":"secwatch.filing_event.v1","accession":"0000894189-25-010675","form_type":"8-K","ticker":"FINS","cik":"0001745059","company_name":"Angel Oak Financial Strategies Income Term Trust","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.325053+00:00","generated_at":"2026-05-17T04:56:38.301675+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Brookfield acquires majority of FINS adviser; Trustee Triick resigns, Bortz named President","bullets":["Brookfield Asset Management Ltd. acquired majority of Angel Oak Companies, LP, parent of Fund's adviser Angel Oak, effective Oct 1, 2025.","Clayton Triick resigned as Trustee effective Sep 30, 2025; Board reduced to five members.","Ward Bortz replaced Adam Langley as President of the Fund effective Oct 1, 2025.","Change of control triggered automatic termination of prior advisory agreement; new agreement with same fee approved by Board and shareholders.","No material change expected in day-to-day management, investment objectives, or principal strategies."],"urls":{"canonical":"https://secwatch.observer/filing/0000894189-25-010675","json":"https://secwatch.observer/filing/0000894189-25-010675.json","markdown":"https://secwatch.observer/filing/0000894189-25-010675.md","text":"https://secwatch.observer/filing/0000894189-25-010675.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1745059/000089418925010675/0000894189-25-010675-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1745059/000089418925010675/ck0001745059-20251002.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:56:38.301675+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}