---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-031787"
form_type: "8-K"
ticker: "TWO"
cik: "0001465740"
company_name: "TWO HARBORS INVESTMENT CORP."
filed_at: "2026-03-19T23:59:59+00:00"
generated_at: "2026-05-15T09:36:49.447888+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Two Harbors receives unsolicited $10.70/share cash bid; ad hoc committee deems it could be superior to UWMC merger

## Summary
- Unsolicited proposal to buy all outstanding shares of TWO common stock at $10.70 per share in cash.
- Offer also includes payment of $25.4M termination fee to terminate existing UWMC merger agreement.
- Ad hoc committee determined in good faith that proposal could reasonably lead to a 'Company Superior Proposal' under UWMC deal terms.
- Committee has not yet determined whether proposal is superior; will continue discussions with bidder.
- UWMC merger agreement remains in effect; special stockholder meeting for UWMC merger still set for March 24, 2026.

## SEC filing metadata
- accession: 0001104659-26-031787
- form_type: 8-K
- ticker: TWO
- cik: 0001465740
- company_name: TWO HARBORS INVESTMENT CORP.
- filed_at: 2026-03-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465740/000110465926031787/0001104659-26-031787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465740/000110465926031787/tm269334d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-031787
- JSON: https://secwatch.observer/filing/0001104659-26-031787.json
- Plain text: https://secwatch.observer/filing/0001104659-26-031787.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.