secwatch.observer — SEC 8-K summary
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Issuer:     Angel Oak Mortgage REIT, Inc. (AOMR)
CIK:        0001766478
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001766478-23-000109
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Oak Mortgage REIT posts Q2 GAAP net loss of $3.7M, declares $0.32 dividend
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- GAAP net loss $3.7M ($0.15 diluted EPS); Distributable Earnings loss $3.9M ($0.16 per share).
- GAAP book value $9.34/share; economic book value $13.16/share as of June 30, 2023.
- Declared dividend $0.32/share, payable Aug 31 to holders of record Aug 22.
- Priced $284.5M securitization (AOMT 2023-4), reducing warehouse debt ~45.6% from Q1; released >$35M capital.
- New loan purchases/locks ~$50M at 8.4% coupon, 72% LTV, 754 FICO; $929M financing capacity, $695M undrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766478/000176647823000109/0001766478-23-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766478/000176647823000109/aomr-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001766478-23-000109

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer