{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-121835","form_type":"8-K","ticker":"TWO","cik":"0001465740","company_name":"TWO HARBORS INVESTMENT CORP.","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.460312+00:00","generated_at":"2026-05-16T12:54:27.256453+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"UWM to acquire Two Harbors in all-stock deal valued at $1.3B","bullets":["Two Harbors stockholders get 2.3328 UWMC shares per TWO share, a 21% premium over 30-day VWAP.","Transaction expected to close in Q2 2026, subject to TWO stockholder and regulatory approvals.","Combined MSR portfolio ~$400B; annual cost and revenue synergies targeted at ~$150M.","UWM shareholders to own ~87% and TWO shareholders ~13% of combined company on fully diluted basis.","Boards of both companies unanimously approved; TWO will designate one director to expanded 11-member board."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-121835","json":"https://secwatch.observer/filing/0001104659-25-121835.json","markdown":"https://secwatch.observer/filing/0001104659-25-121835.md","text":"https://secwatch.observer/filing/0001104659-25-121835.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465740/000110465925121835/0001104659-25-121835-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465740/000110465925121835/tm2533517d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:54:27.256453+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"}