Angel Oak Financial Strategies Income Term Trust launches rights offering for up to 8.35M shares at $12.82

Angel Oak Financial Strategies Income Term Trust

Record date shareholders receive one right per share; 3 rights buy 1 common share at $12.82.
Up to 8,354,213 new common shares issuable; expiration date is May 14, 2025.
UBS Securities LLC serves as Dealer Manager; Equiniti Trust Company is Subscription Agent.
Over-subscription privilege available for holders who fully exercise basic subscription rights.
No change in dividend or NAV disclosed; proceeds for general corporate purposes.

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