---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-054986"
form_type: "8-K"
ticker: "MITT"
cik: "0001514281"
company_name: "TPG Mortgage Investment Trust, Inc."
filed_at: "2026-08-10T11:00:26+00:00"
generated_at: "2026-08-10T11:06:10.388453+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MITT acquires CHMI for $117.5M; CHMI holders get 0.3063 MITT shares + $0.93 cash

## Summary
- Consideration: 0.3063 MITT shares + $0.93 cash per CHMI share; implied $3.10/share, 29% premium to Aug 7 close, 32% to 30-day VWAP.
- Total implied value $117.5M; expected close Q4 2026 subject to MITT and CHMI stockholder approvals and regulatory conditions.
- CHMI Series A preferred converts to MITT Series D; Series B to MITT Series E. Termination fees: CHMI $4.7M, MITT $7.99M.
- MITT Manager pays ~$20M cash to CHMI stockholders; management agreement amended with incentive fee changes.
- Voting agreement: AG MIT (MITT sub) votes 734,800 CHMI shares in favor; MITT board expands by two with CHMI designees.

## SEC filing metadata
- accession: 0001628280-26-054986
- form_type: 8-K
- ticker: MITT
- cik: 0001514281
- company_name: TPG Mortgage Investment Trust, Inc.
- filed_at: 2026-08-10T11:00:26+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514281/000162828026054986/0001628280-26-054986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514281/000162828026054986/mitt-20260809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-054986
- JSON: https://secwatch.observer/filing/0001628280-26-054986.json
- Plain text: https://secwatch.observer/filing/0001628280-26-054986.txt

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