---
schema_version: "secwatch.filing_event.v1"
accession: "0001514281-23-000082"
form_type: "8-K"
ticker: "MITT"
cik: "0001514281"
company_name: "TPG Mortgage Investment Trust, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:58:01.694437+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MITT to acquire WMC in stock/cash deal valued at $11.23 per share, 34% premium

## Summary
- WMC stockholders receive 1.5 MITT shares + $1.12 cash per share; total value $11.23 based on MITT's Aug. 7 close.
- Angelo Gordon to provide up to $7M cash consideration; $2.4M management fee waived for first year post-close.
- Pro forma combined portfolio of $5.7B, 86% Non-Agency residential loans; expected annual cost synergies of $5-7M.
- MITT shareholders expected to own ~69% of combined company; WMC shareholders ~31%.
- Transaction unanimously approved by both boards; expected to close Q4 2023 subject to stockholder approvals.

## SEC filing metadata
- accession: 0001514281-23-000082
- form_type: 8-K
- ticker: MITT
- cik: 0001514281
- company_name: TPG Mortgage Investment Trust, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514281/000151428123000082/0001514281-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514281/000151428123000082/mitt-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514281-23-000082
- JSON: https://secwatch.observer/filing/0001514281-23-000082.json
- Plain text: https://secwatch.observer/filing/0001514281-23-000082.txt

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