Angel Oak Financial Strategies Income Term Trust launches rights offering for up to 5,076,333 shares at 1-for-3 ratio

Angel Oak Financial Strategies Income Term Trust

Record date September 20, 2021; shareholders receive one Right per share held, three Rights to purchase one new share.
Maximum of 5,076,333 common shares offered; estimated subscription price $16.87 per share, final price set on October 14, 2021 expiry.
UBS Securities LLC serves as dealer manager; Computershare as subscription agent; Georgeson LLC as information agent.
Holders who fully exercise Rights may oversubscribe for additional shares, subject to pro-rata allocation.

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