---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-057533"
form_type: "8-K"
ticker: "TWO"
cik: "0001465740"
company_name: "TWO HARBORS INVESTMENT CORP."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:03:18.502533+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Two Harbors raises all-cash merger consideration to $12.00/share in amended CrossCountry deal

## Summary
- Per-share cash consideration increased by $0.70 to $12.00, a 21% premium to the unaffected share price.
- CrossCountry's fully committed $3.4B financing package includes a $1.4B unsecured commitment; no financing contingency.
- Regulatory progress: 35 of 53 required approvals obtained; expected close in Q3 2026.
- Board unanimously reaffirms recommendation; TWO stockholders vote May 19, 2026; UWMC stock consideration currently valued at $7.88/share.
- Upon closing, TWO will be delisted from NYSE and become a wholly owned subsidiary of CrossCountry.

## SEC filing metadata
- accession: 0001104659-26-057533
- form_type: 8-K
- ticker: TWO
- cik: 0001465740
- company_name: TWO HARBORS INVESTMENT CORP.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1465740/000110465926057533/0001104659-26-057533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1465740/000110465926057533/tm2612985d12_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-057533
- JSON: https://secwatch.observer/filing/0001104659-26-057533.json
- Plain text: https://secwatch.observer/filing/0001104659-26-057533.txt

## Source-grounded claims
- claim_id: 00e7aa91e1eb6a8f8aba1e7b77ca2f7fd0f036da
  claim: TWO HARBORS INVESTMENT CORP. amended Second Amendment to the Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp. valued at $12.00 per share (effective 2026-05-07).
  evidence_excerpt: On May 7, 2026, Two Harbors Investment Corp. (“Two Harbors”) entered into a Second Amendment to the Agreement and Plan of Merger (the “Second Amendment”), by and among Two Harbors, CrossCountry Intermediate Holdco, LLC (“CCM”) and CrossCountry Merger Corp., a wholly owned subsidiary of CCM (“Merger Sub”), to amend the terms of the previously disclosed Agreement and Plan of Merger, dated March 27, 2026 (the “Original CCM Merger Agreement”), as amended by the First Amendment to the Agreement and Plan of Merger, dated April 28, 2026 (the “First Amendment”), by and among Two Harbors, CCM and Merger Sub (the Original CCM Merger Agreement, as amended by the First Amendment and the Second Amendment, the “Amended CCM Merger Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1465740/000110465926057533/0001104659-26-057533-index.htm

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