secwatch / observer

Angel Oak Mortgage REIT, Inc. — fact timeline

Source-grounded facts extracted from Angel Oak Mortgage REIT, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AOMR Angel Oak Mortgage REIT, Inc. JSON
Material Agreements

Angel Oak Mortgage REIT, Inc. terminated Shareholder Rights Agreement with Xylem Finance LLC.

“Pursuant to the Stock Repurchase Agreement, the Company, the Manager and Xylem have agreed to terminate that certain Shareholder Rights Agreement, dated as of June 21, 2021, among the Company, the Manager and Xylem (the “Shareholder Rights Agreement”), effective upon Mr. Vikram Shankar’s resignation from the Company’s Board of Directors, and subject to the closing of the Share Repurchase.”
Material Agreements

Angel Oak Mortgage REIT, Inc. entered into Stock Repurchase Agreement with Xylem Finance LLC valued at $15.0 million (effective 2026-05-19).

“On May 19, 2026, Angel Oak Mortgage REIT, Inc. (the “Company”) and Falcons I, LLC, a Delaware limited liability company and the Company’s external manager (the “Manager”), entered into a stock repurchase agreement (the “Stock Repurchase Agreement”) with Xylem Finance LLC, a Delaware limited liability company (“Xylem”) and an affiliate of Davidson Kempner Capital Management LP, relating to the Company’s repurchase of shares of the Company’s common stock, par value $0.01 per share (the “common stock”), owned by Xylem (the “Share Repurchase”) having an aggregate purchase price of $15.0 million.”

Vikram Shankar resigned as member of the Board of Directors at Angel Oak Mortgage REIT, Inc..

“On May 20, 2026, in connection with the execution of the Stock Repurchase Agreement, Mr. Vikram Shankar resigned as a member of the Company’s Board of Directors, with such resignation being effective as of the Closing Date and being subject to the closing of the Share Repurchase.”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Non-binding advisory vote on compensation of named executive officers at the 2026-05-13 meeting.

“For the approval, on a non-binding, advisory basis, a resolution regarding the compensation of the Company’s named executive officers: Number of Votes For Number of Votes Against Abstentions 16,914,150 803,395 75,505”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for year ending December 31, 2026 at the 2026-05-13 meeting.

“For the ratification of the appointment of Deloitte & Touche LLP, as the Company’s independent registered public accounting firm for the year ending December 31, 2026: Number of Votes For Number of Votes Against Abstentions 20,962,983 26,499 92,103”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Election of eight directors to serve until the 2027 Annual Meeting at the 2026-05-13 meeting.

“For the election of the below-named nominees to the Board of Directors of the Company: Nominees Number of Votes For Number of Votes Withheld Broker Non-Votes Michael Fierman 17,725,820 67,230 3,288,535 Craig Jones 17,014,619 778,431 3,288,535 W.D. (“Denny”) Minami 17,720,401 72,649 3,288,535 Jonathan Morgan 17,043,526 749,524 3,288,535 Landon Parsons 17,743,588 49,462 3,288,535 Noelle Savarese 17,745,053 47,997 3,288,535 Vikram Shankar 17,726,227 66,823 3,288,535 Tian ce (David) Zhong 17,728,561 64,489 3,288,535”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported the quarter ended March 31, 2026 results: net income $(7.4) million, EPS $(0.30) per diluted share.

“Q1 2026 GAAP net loss of $(7.4) million, or $(0.30) per diluted share of common stock.”
Auditor Changes

Angel Oak Mortgage REIT, Inc. engaged Deloitte & Touche LLP as its auditor.

“On March 9, 2026, the Audit Committee approved the engagement of Deloitte & Touche LLP”
Auditor Changes

Angel Oak Mortgage REIT, Inc. dismissed KPMG LLP as its auditor.

“(a) Dismissal of Independent Registered Public Accounting Firm On March 9, 2026, the Audit Committee of the Board of Directors (the “Audit Committee”) of Angel Oak Mortgage REIT, Inc. (the “Company”) approved the dismissal of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm.”
Debt Financings

Angel Oak Mortgage REIT, Inc. incurred mortgage of $200.0 million with Global Investment Bank 4 at sum of (1) a spread of 1.60%, and (2) Term SOFR maturing October 6, 2027.

“On October 6, 2025, Angel Oak Mortgage REIT, Inc. (the “Company”) and its subsidiary, AOMR TRS SPE II, LLC (the “subsidiary”), entered into a $200.0 million repurchase facility with a global investment bank (“Global Investment Bank 4”)”

Tian ce (David) Zhong was appointed as Director at Angel Oak Mortgage REIT, Inc..

“On June 17, 2025, the Board of Directors (the “Board”) of Angel Oak Mortgage REIT, Inc. (the “Company”) appointed Tian ce (David) Zhong as a director, effective June 17, 2025, with a term expiring at the 2026 annual meeting of the Company’s stockholders.”

Edward M. Cummings resigned as Director at Angel Oak Mortgage REIT, Inc..

“Edward M. Cummings notified Angel Oak Mortgage REIT, Inc. (the “Company”) of his decision to resign as a member of the Company’s Board of Directors (the “Board”) effective as of June 10, 2025.”
Debt Financings

Angel Oak Mortgage REIT, Inc. incurred senior notes of $40.0 million aggregate principal amount with the several underwriters named therein (RBC Capital Markets, LLC, UBS Securities LLC, Wells Fargo Securities, LLC and Piper Sandler & Co., as representatives) at 9.750% per annum maturing June 1, 2030.

“On May 21, 2025, Angel Oak Mortgage REIT, Inc. (the “Company”) closed an underwritten public offering and sale of $40.0 million aggregate principal amount of its 9.750% Senior Notes due 2030”
Governance Changes

Angel Oak Mortgage REIT, Inc.: The board of directors amended and restated the bylaws to permit stockholders to alter or repeal any bylaw provision or adopt new bylaws by majority vote, removing the board's exclusive power over bylaw changes (effective 2025-02-27).

“On February 27, 2025, the board of directors (the “Board”) of Angel Oak Mortgage REIT, Inc., a Maryland corporation (the “Company”) amended and restated the Company’s bylaws by adopting and approving the Company’s Fourth Amended and Restated Bylaws (the “A&R Bylaws”). The A&R Bylaws now permit the Company’s stockholders to alter or repeal any provision of the bylaws of the Company and to adopt new bylaws if any such alteration, repeal or adoption is approved by the affirmative vote of a majority of the votes entitled to be cast on the matter (the “Bylaw Amendment”). Previously, the Board had the exclusive power to adopt, alter or repeal any provision of the bylaws and to make new bylaws.”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Non-binding advisory vote on the compensation of the Company's named executive officers at the 2024-05-15 meeting.

“For the approval, on a non-binding, advisory basis, a resolution regarding the compensation of the Company’s named executive officers: Number of Votes For Number of Votes Against Abstentions Broker Non-Votes 18,393,452 1,992,669 43,294 2,088,500”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024 at the 2024-05-15 meeting.

“For the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024: Number of Votes For Number of Votes Against Abstentions 22,480,487 27,059 10,369”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Election of eight directors to serve until the 2025 Annual Meeting at the 2024-05-15 meeting.

“On May 15, 2024, Angel Oak Mortgage REIT, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “2024 Annual Meeting”) to (i) elect the eight (8) directors listed below, each to serve until the Company’s 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualify; and (ii) ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported the quarter ended March 31, 2024 results: net income $12.9 million, EPS $0.51 per diluted share.

“Q1 2024 GAAP net income of $12.9 million, or $0.51 per diluted share of common stock.”
Material Agreements

Angel Oak Mortgage REIT, Inc. amended Amended and Restated Management Agreement with Falcons I, LLC (effective 2024-05-01).

“On May 1, 2024, Angel Oak Mortgage REIT, Inc. (the "Company"), Angel Oak Mortgage Operating Partnership, LP, the Company's operating partnership, and Falcons I, LLC, the Company's external manager (the "Manager") amended and restated that certain Management Agreement dated as of June 21, 2021 to (i) clarify (a) the officers and employee(s) provided by the Manager that will be fully or partially dedicated to the Company and (b) the related full or partial reimbursements to the Manager for their salaries and other benefits, subject to the approval of the Compensation Committee, and (ii) update the names of various entities and make certain other minor updates.”
Debt Financings

Angel Oak Mortgage REIT, Inc. incurred credit facility of $250.0 million with Global Investment Bank 2 at Term SOFR Reference Rate plus a pricing spread ranging from 2.10% to 3.35% maturing March 27, 2026.

“On Mach 28, 2024, Angel Oak Mortgage REIT, Inc. (the “Company”) and two of its subsidiaries (the “Subsidiaries”), entered into a $250.0 million repurchase facility agreement with a Lender, “Global Investment Bank 2” through the execution of a Master Repurchase Agreement (the “Master Repurchase Agreement”) between the Subsidiaries as sellers, Global Investment Bank 2 as buyer and the Company as Guarantor.”
Material Agreements

Angel Oak Mortgage REIT, Inc. entered into Master Repurchase Agreement with Global Investment Bank 2 (effective 2024-03-28).

“THIS MASTER REPURCHASE AGREEMENT is made and entered into as of March 28, 2024 (as may be amended, restated, supplemented or otherwise modified from time to time, this “ Agreement ”), by and among * Global Investment Bank 2 (“ Buyer ”), AOMR TRS SPE, LLC, a Delaware limited liability company (“ Seller ”), and Spruce Mortgage Trust, a Delaware statutory trust (“ Trust Subsidiary ”).”

Michael Peck resigned as Director at Angel Oak Mortgage REIT, Inc..

“On March 22, 2024, Michael Peck notified Angel Oak Mortgage REIT, Inc. (the “Company”) of his decision to resign as a member of the Company’s Board of Directors (the “Board”) effective March 22, 2024.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported quarter ended December 31, 2023 results: net income Q4 2023 GAAP net income of $28.6 million, or $1.15 per diluted share of common stock., EPS $1.15 per diluted share.

“Q4 2023 GAAP net income of $28.6 million, or $1.15 per diluted share of common stock.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported year ended December 31, 2023 results: net income Total GAAP net income of $33.7 million, or $1.35 per diluted share of common stock, for the year ended December 31, 2023, EPS $1.35 per diluted share.

“Total GAAP net income of $33.7 million, or $1.35 per diluted share of common stock, for the year ended December 31, 2023.”
Material Agreements

Angel Oak Mortgage REIT, Inc. amended Amendment No. 2 with Global Investment Bank 2 (effective 2024-01-19).

“On January 19, 2024, Angel Oak Mortgage REIT, Inc. (the “Company”) and one of its subsidiaries (the “Subsidiary”), entered into Amendment No. 2 (the “MRA Amendment”) to the Amended and Restated Master Repurchase Agreement (the “Master Repurchase Agreement”) with a Lender, “Global Investment Bank 2”.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported the quarter ended September 30, 2023 results: net income Q3 2023 GAAP net income of $8.3 million, EPS $0.33 per diluted share of common stock.

“today reported financial results for the quarter ended September 30, 2023. Third Quarter Highlights • Q3 2023 GAAP net income of $8.3 million, or $0.33 per diluted share of common stock.”

Noelle J. Savarese was appointed as director at Angel Oak Mortgage REIT, Inc..

“On October 18, 2023, the Board of Directors (the “Board”) of Angel Oak Mortgage REIT, Inc. (the “Company”) appointed Noelle J. Savarese as a director, effective October 18, 2023, with a term expiring at the 2024 annual meeting of the Company’s stockholders.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported the quarter ended June 30, 2023 results: net income ($3.7) million, EPS $(0.15) per diluted share of common stock.

“Q2 2023 GAAP net loss of ($3.7) million, or $(0.15) per diluted share of common stock.”

Christine Jurinich resigned as Director at Angel Oak Mortgage REIT, Inc..

“On July 18, 2023, Christine Jurinich notified Angel Oak Mortgage REIT, Inc. (the “Company”) of her decision to resign as a member of the Company’s Board of Directors (the “Board”) and as a member of the Audit Committee of the Board (the “Audit Committee”) and the Nominating and Corporate Governance Committee of the Board (the “Nominating and Corporate Governance Committee”), effective July 18, 2023.”
Material Agreements

Angel Oak Mortgage REIT, Inc. amended Mortgage Loan Purchase Agreement with Angel Oak Mortgage Solutions LLC (effective 2023-05-22).

“On May 22, 2023, the Mortgage Loan Purchase Agreement dated effective as of October 1 2018 between Angel Oak Mortgage Fund TRS (“AOMFTRS”), a wholly-owned subsidiary of Angel Oak Mortgage REIT, Inc. (the “Company”) and Angel Oak Mortgage Solutions LLC (“AOMS”) was amended and restated in its entirety”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Advisory vote on frequency of say-on-pay votes (one-year interval). at the 2023-05-17 meeting.

“For the approval of a one-year interval, by non-binding advisory vote, as to the frequency of future non-binding advisory votes to approve the compensation of the Company's named executive officers: 1 year 2 years 3 years Abstentions Broker Non-Votes 13,149,086 6,784 2,921 35,046 2,538,447”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for year ending December 31, 2023. at the 2023-05-17 meeting.

“For the ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023: Number of Votes For Number of Votes Against Abstentions 15,729,840 1,610 834”
Shareholder Votes

Angel Oak Mortgage REIT, Inc. shareholders approved Election of nine directors to serve until 2024 Annual Meeting. at the 2023-05-17 meeting.

“For the election of the below-named nominees to the Board of Directors of the Company: Nominees Number of Votes For Number of Votes Withheld Broker Non-Votes Michael Fierman 10,778,524 2,415,313 2,538,447 Edward Cummings 12,960,891 232,946 2,538,447 Craig Jones 9,362,908 3,830,929 2,538,447 Christine Jurinich 10,389,765 2,804,072 2,538,447 W.D. (“Denny”) Minami 12,855,500 338,337 2,538,447 Jonathan Morgan 9,623,357 3,570,480 2,538,447 Landon Parsons 13,138,300 55,537 2,538,447 Michael Peck 12,961,291 232,546 2,538,447 Vikram Shankar 12,960,252 233,585 2,538,447”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported the quarter ended March 31, 2023 results: net income $0.5 million, EPS $0.02 per diluted share.

“Q1 2023 GAAP net income of $0.5 million, or $0.02 per diluted share of common stock.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported year ended December 31, 2022 results: net income $187.8 million, EPS $(7.65) per diluted share.

“Total GAAP net loss of $187.8 million, or $(7.65) per diluted share of common stock, for the full year ended December 31, 2022.”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported quarter ended December 31, 2022 results: net income $8.8 million, EPS $(0.36) per diluted share.

“Q4 2022 GAAP net loss of $8.8 million, or $(0.36) per diluted share of common stock.”

David Gordon was appointed as Corporate Secretary at Angel Oak Mortgage REIT, Inc..

“Effective March 8, 2023, Ms. Black ceased to serve as the Company’s Corporate Secretary, and Mr. David Gordon, an officer of Angel Oak Capital Advisors, LLC, has been appointed Corporate Secretary by the Company’s Board of Directors.”

Dory S. Black departed as Corporate Secretary at Angel Oak Mortgage REIT, Inc..

“Effective March 8, 2023, Ms. Black ceased to serve as the Company’s Corporate Secretary, and Mr. David Gordon, an officer of Angel Oak Capital Advisors, LLC, has been appointed Corporate Secretary by the Company’s Board of Directors.”

Dory S. Black resigned as General Counsel at Angel Oak Mortgage REIT, Inc..

“On March 8, 2023, Ms. Dory S. Black, General Counsel and Corporate Secretary of Angel Oak Mortgage, Inc. (the “Company”), notified the Company of her intention to resign as General Counsel from the Company, effective April 30, 2023.”
Governance Changes

Angel Oak Mortgage REIT, Inc.: Bylaws were amended and restated solely to reflect the corporate name change (effective 2023-03-10).

“the Company’s board of directors amended and restated its bylaws solely to reflect the corporate name change from Angel Oak Mortgage, Inc. to Angel Oak Mortgage REIT, Inc., which shall also become effective on March 10, 2023.”
Governance Changes

Angel Oak Mortgage REIT, Inc.: Company changed its corporate name from Angel Oak Mortgage, Inc. to Angel Oak Mortgage REIT, Inc. via Articles of Amendment to the Amended and Restated Certificate of Incorporation (effective 2023-03-10).

“On March 2, 2023, Angel Oak Mortgage, Inc. (the “Company”) filed with the State Department of Assessments and Taxation of Maryland Articles of Amendment (the “Amendment”) to the Company’s Amended and Restated Certificate of Incorporation to change its corporate name from Angel Oak Mortgage, Inc. to Angel Oak Mortgage REIT, Inc.”
Material Agreements

Angel Oak Mortgage REIT, Inc. terminated a credit facility with Regional Bank 2 valued at up to $75.0 million (effective 2022-12-15).

“On December 15, 2022, the Company voluntarily terminated its committed loan financing line with a regional bank (“Regional Bank 2”) and accordingly, both the Company and Regional Bank 2 executed a Payoff Letter dated December 15, 2022 (the “Payoff Letter”).”
Material Agreements

Angel Oak Mortgage REIT, Inc. amended Fourth Amended and Restated Guaranty Agreement with Global Investment Bank 3 (the "Lender") (effective 2022-12-19).

“In connection with the entry into the Amendment, the Company also amended and restated its guaranty in favor of the Lender by entering into a Fourth Amended and Restated Guaranty Agreement (the “Guaranty Agreement”).”
Material Agreements

Angel Oak Mortgage REIT, Inc. amended Fifth Amendment to Amended and Restated Master Repurchase Agreement and Second Amendment to Fee Letter with Global Investment Bank 3 (the "Lender") valued at up to $286.0 million (effective 2022-12-19).

“On December 19, 2022, Angel Oak Mortgage, Inc. (the “Company”) and one of its subsidiaries amended and restated their loan financing facility with a global investment bank, Global Investment Bank 3 (the “Lender”) pursuant to the Fifth Amendment to Amended and Restated Master Repurchase Agreement and Second Amendment to Fee Letter (the “Amendment”).”
M&A Transactions

Angel Oak Mortgage REIT, Inc. completed a disposition involving Purple Orchid Trust for $284.2 million (closed 2022-11-18).

“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)”
Earnings Releases

Angel Oak Mortgage REIT, Inc. reported the quarter ended September 30, 2022 results: net income GAAP net loss of $83.3 million, EPS $(3.40) per diluted share.

“On November 8, 2022, Angel Oak Mortgage, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2022.”

Sreeniwas Prabhu was appointed as Chief Executive Officer and President at Angel Oak Mortgage REIT, Inc..

“On September 28, 2022, Angel Oak Mortgage, Inc. (the “Company”) announced that its Board of Directors (the “Board”) has appointed Sreeniwas Prabhu as the Company’s new Chief Executive Officer and President effective as of September 28, 2022.”

Robert Williams departed as Chief Executive Officer and President at Angel Oak Mortgage REIT, Inc..

“On September 28, 2022, the Company announced that Robert Williams will cease serving as the Company’s Chief Executive Officer and President, effective as of September 28, 2022.”

Jonathan S. Morgan was appointed as director at Angel Oak Mortgage REIT, Inc..

“On January 24, 2022, the Board of Directors (“the Board”) of Angel Oak Mortgage, Inc. (the “Company”) appointed Jonathan S. Morgan as a director, effective January 24, 2022, with a term expiring at the 2022 annual meeting of the Company’s stockholders.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.