---
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"
generated_at: "2026-05-23T16:14:43.550512+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Angel Oak FINS launches 1-for-3 rights offering at discount; fee waiver to 1.00%

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-079135
- JSON: https://secwatch.observer/filing/0001193125-25-079135.json
- Plain text: https://secwatch.observer/filing/0001193125-25-079135.txt

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