---
schema_version: "secwatch.filing_event.v1"
accession: "0001514281-21-000136"
form_type: "8-K"
ticker: "MITT"
cik: "0001514281"
company_name: "TPG Mortgage Investment Trust, Inc."
filed_at: "2021-11-22T23:59:59+00:00"
generated_at: "2026-06-28T06:06:10.893472+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AG Mortgage raises $69.6M in common stock offering, amends management agreement to add incentive fee

## Summary
- Issued 7M common shares at $9.9425 per share (underwriter price); net proceeds ~$69.6M after expenses.
- Manager and CEO purchased 900,000 shares at $10.25 per share with no underwriting discounts.
- Underwriters granted 30-day option for up to 1,050,000 additional shares.
- Amended management agreement: adds annual incentive fee of 15% of adjusted net income above 8% cumulative hurdle; waived for FY2021 and FY2022.
- Management agreement term extended to June 30, 2023, then renews annually unless terminated.

## SEC filing metadata
- accession: 0001514281-21-000136
- form_type: 8-K
- ticker: MITT
- cik: 0001514281
- company_name: TPG Mortgage Investment Trust, Inc.
- filed_at: 2021-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514281/000151428121000136/0001514281-21-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514281/000151428121000136/mitt-20211117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514281-21-000136
- JSON: https://secwatch.observer/filing/0001514281-21-000136.json
- Plain text: https://secwatch.observer/filing/0001514281-21-000136.txt

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