---
schema_version: "secwatch.filing_event.v1"
accession: "0001514281-23-000075"
form_type: "8-K"
ticker: "MITT"
cik: "0001514281"
company_name: "TPG Mortgage Investment Trust, Inc."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:58:27.302321+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MITT's unsolicited bid for WMC deemed superior; WMC gives TPT deadline to revise

## Summary
- WMC Board determined MITT's proposal is a 'Parent Superior Proposal' under WMC's merger agreement with TPT.
- WMC notified TPT it intends to terminate their merger agreement unless TPT revises its proposal by 11:59 p.m. ET on Aug 3, 2023.
- Each WMC share to convert to 1.468 MITT shares plus a cash component from MITT's external manager up to $7M.
- MITT's external manager would waive $2.4M of management fees in first year post-closing.
- WMC's merger agreement with TPT remains in effect; WMC Board has not withdrawn its recommendation for TPT deal.

## SEC filing metadata
- accession: 0001514281-23-000075
- form_type: 8-K
- ticker: MITT
- cik: 0001514281
- company_name: TPG Mortgage Investment Trust, Inc.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514281/000151428123000075/0001514281-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514281/000151428123000075/mitt-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514281-23-000075
- JSON: https://secwatch.observer/filing/0001514281-23-000075.json
- Plain text: https://secwatch.observer/filing/0001514281-23-000075.txt

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