secwatch.observer — SEC 8-K summary
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Issuer:     Cherry Hill Mortgage Investment Corp (CHMI)
CIK:        0001571776
Form:       8-K
Filed at:   2026-08-10T11:00:33+00:00
Accession:  0001140361-26-031932
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cherry Hill Mortgage to be acquired by TPG Mortgage Investment Trust in $117.5M deal
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- MITT to acquire CHMI; holders get 0.3063 MITT shares + $0.93 cash per CHMI share, implying $3.10/share (29% premium to Aug 7 close).
- Q2 2026 GAAP net income $1.3M ($0.04/share); EAD $5.5M ($0.15/share); book value $3.16/share.
- Common dividend $0.10/share declared; annualized yield 16.6% based on Aug 7 close.
- Portfolio leverage 5.02x; MSR portfolio UPB $15.2B; RMBS portfolio ~$1.1B.
- Deal expected to close Q4 2026, subject to CHMI and MITT stockholder approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571776/000114036126031932/0001140361-26-031932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571776/000114036126031932/ef20079832_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-031932

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