{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-079135","form_type":"8-K","ticker":"FINS","cik":"0001745059","company_name":"Angel Oak Financial Strategies Income Term Trust","filed_at":"2025-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.568908+00:00","generated_at":"2026-05-23T16:14:43.550512+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Angel Oak FINS launches 1-for-3 rights offering at discount; fee waiver to 1.00%","bullets":["Record Date April 21, 2025; 1 Right per share, 1 new share per 3 Rights; subscription period April 21 – May 14.","Subscription price = 94% of 5-day avg closing price (floor of 90% of NAV) set on Expiration Date.","Rights expected to trade on NYSE under \"FINS RT\"; oversubscription privilege available.","Adviser voluntarily waives fees to cap management fee at 1.00% (from 1.35%) for six months from June 2025.","Monthly distributions declared: payable April 30 (record April 16) and May 30 (record May 2); new shares not eligible."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-079135","json":"https://secwatch.observer/filing/0001193125-25-079135.json","markdown":"https://secwatch.observer/filing/0001193125-25-079135.md","text":"https://secwatch.observer/filing/0001193125-25-079135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1745059/000119312525079135/0001193125-25-079135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1745059/000119312525079135/d875700d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T16:14:43.550512+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"}