---
schema_version: "secwatch.filing_event.v1"
accession: "0001514281-23-000163"
form_type: "8-K/A"
ticker: "MITT"
cik: "0001514281"
company_name: "TPG Mortgage Investment Trust, Inc."
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:33:37.592428+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MITT closes WMC merger; pro forma shows $45.7M bargain purchase gain, $122.3M pro forma net loss for 2022

## Summary
- Each WMC share converted into 1.498 MITT shares plus $0.92 cash from MITT Manager; ~9.2M MITT shares issued.
- Total consideration ~$51.3M; preliminary bargain purchase gain of $45.7M recorded.
- Pro forma combined total assets $6.09B, total equity $537.8M as of Sep 30, 2023.
- Pro forma net loss available to common: ($4.5M) for 9M 2023, ($122.3M) for FY 2022.
- MITT Manager waives $1.3M in reimbursable expenses and reduces base fee by $2.4M over four quarters.

## SEC filing metadata
- accession: 0001514281-23-000163
- form_type: 8-K/A
- ticker: MITT
- cik: 0001514281
- company_name: TPG Mortgage Investment Trust, Inc.
- filed_at: 2023-12-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514281/000151428123000163/0001514281-23-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514281/000151428123000163/mitt-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514281-23-000163
- JSON: https://secwatch.observer/filing/0001514281-23-000163.json
- Plain text: https://secwatch.observer/filing/0001514281-23-000163.txt

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