other material
confidence high
sentiment neutral
materiality 0.50
UWM engages proxy solicitor Okapi; Two Harbors meeting adjourned to March 24
UWM Holdings Corp
- UWMC hires Okapi Partners for strategic advice and proxy solicitation on TWO acquisition; $25,000 base fee plus deal-contingent fees.
- Two Harbors special stockholder meeting adjourned until March 24, 2026 to allow more time for voting.
- Deal requires majority of outstanding votes; a significant number of stockholders have not yet voted.
- Okapi receives indemnification from UWMC; engagement designed to secure shareholder approval for the merger.