---
schema_version: "secwatch.filing_event.v1"
accession: "0001560672-25-000013"
form_type: "8-K"
ticker: "EARN"
cik: "0001560672"
company_name: "Ellington Credit Co"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:08:15.270703+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ellington Credit shareholders approve conversion to CLO closed-end fund; over 93% of votes in favor

## Summary
- Shareholders approved conversion from Maryland REIT to Delaware registered closed-end fund focusing on corporate CLO investments.
- Over 93% of votes cast in favor (over 95% excluding abstentions); Series A Preferred automatically redeemed after vote.
- Conversion to be effective in near future; entity will be treated as a regulated investment company (RIC) under the Code.
- CEO Laurence Penn says strategic transformation will enhance ability to deliver earnings and unlock shareholder value.

## SEC filing metadata
- accession: 0001560672-25-000013
- form_type: 8-K
- ticker: EARN
- cik: 0001560672
- company_name: Ellington Credit Co
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.03, 8.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560672/000156067225000013/0001560672-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560672/000156067225000013/earn-20250117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560672-25-000013
- JSON: https://secwatch.observer/filing/0001560672-25-000013.json
- Plain text: https://secwatch.observer/filing/0001560672-25-000013.txt

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