---
schema_version: "secwatch.filing_event.v1"
accession: "0001783398-25-000065"
form_type: "8-K"
ticker: "UWMC"
cik: "0001783398"
company_name: "UWM Holdings Corp"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:37:09.736642+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# UWM Holdings to acquire Two Harbors Investment Corp. in stock-for-stock merger

## Summary
- Two Harbors shareholders get 2.3328 shares of UWMC Class A common per share; preferred converted into equivalent UWMC preferred.
- Merger subject to Two Harbors stockholder approval, HSR clearance, and tax opinion; termination fee of $25.35M payable by Two Harbors.
- UWMC Board to expand by one seat; Two Harbors will designate a new board member.
- Deal expected to close within 12 months, extendable to 15 months for regulatory clearance.

## SEC filing metadata
- accession: 0001783398-25-000065
- form_type: 8-K
- ticker: UWMC
- cik: 0001783398
- company_name: UWM Holdings Corp
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783398/000178339825000065/0001783398-25-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783398/000178339825000065/xbrl-20251217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001783398-25-000065
- JSON: https://secwatch.observer/filing/0001783398-25-000065.json
- Plain text: https://secwatch.observer/filing/0001783398-25-000065.txt

## Key facts
- Material Agreements
  UWM Holdings Corp entered into Merger Agreement with Two Harbors Investment Corp. (effective 2025-12-17).
  - Action: entry
  - Agreement: merger
  - Counterparty: Two Harbors Investment Corp.
  - Effective: 2025-12-17
  source text: On December 17, 2025, UWM Holdings Corporation (“UWMC”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among UWMC, UWM Acquisitions 1, LLC, a Delaware limited liability company and a wholly owned subsidiary of UWM (“Merger Sub”) and Two Harbors Investment Corp., a Maryland corporation (“Two Harbors”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783398/000178339825000065/0001783398-25-000065-index.htm

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