---
schema_version: "secwatch.filing_event.v1"
accession: "0001766478-22-000136"
form_type: "8-K"
ticker: "AOMR"
cik: "0001766478"
company_name: "Angel Oak Mortgage REIT, Inc."
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:27:44.679095+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Angel Oak Mortgage sells $343.4M UPB non-QM loans to Purple Orchid Trust at discount

## Summary
- Total unpaid principal balance of $343.4M; net book value $349.7M; purchase price $284.2M.
- Loans are non-QM and investor cash flow residential mortgage loans, weighted avg coupon ~4.5%.
- Sale is servicing released; conveyance in tranches through December 2022.
- Purchase price represents a discount to net book value, implying a loss on sale.

## SEC filing metadata
- accession: 0001766478-22-000136
- form_type: 8-K
- ticker: AOMR
- cik: 0001766478
- company_name: Angel Oak Mortgage REIT, Inc.
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766478/000176647822000136/0001766478-22-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766478/000176647822000136/aomr-20221118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001766478-22-000136
- JSON: https://secwatch.observer/filing/0001766478-22-000136.json
- Plain text: https://secwatch.observer/filing/0001766478-22-000136.txt

## Key facts
- M&A Transactions
  Angel Oak Mortgage REIT, Inc. completed a disposition involving Purple Orchid Trust for $284.2 million (closed 2022-11-18).
  - Action: disposition
  - Counterparty: Purple Orchid Trust
  - Consideration: $284.2 million
  - Closing: 2022-11-18
  source text: and net book value of approximately $343.4 million and approximately $349.7 million, respectively. The purchase price for the mortgage loans being acquired by the Buyer was $284.2 million and was calculated as equal to the sum of (A) the product of (i) the stated principal balance of each mortgage loan and (ii) the related purchase price percentage plus (B)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766478/000176647822000136/0001766478-22-000136-index.htm

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