Highest-materiality recent filing
Angel Oak Mortgage REIT to repurchase $15M of stock from Xylem; board member resigns
Repurchase of $15M of common stock from Xylem Finance LLC at 3% discount to 10-day VWAP; closing expected May 20, 2026.
Angel Oak Mortgage REIT Q4 GAAP EPS $0.45; FY net income $44M; book value up 5.6%
Q4 GAAP net income $11.3M ($0.45/diluted share); distributable earnings $7.3M ($0.29/share).
Angel Oak Mortgage REIT announces $40M offering of 9.750% Senior Notes due 2030
Aggregate principal $40M; underwriters have 30-day option to purchase up to $6M additional notes.
Angel Oak Mortgage REIT Q1 GAAP net income $20.5M ($0.87/share); declares $0.32 dividend
Q1 GAAP net income $20.5M, $0.87 per diluted share; net interest income $10.1M, +17.6% YoY.
Brookfield to acquire majority stake in Angel Oak Companies, parent of AOMR's external manager
Transaction expected to close by Sept 30, 2025; change of control of Angel Oak Companies, LP.
Angel Oak Q4 GAAP net loss $(0.65)/shr; distributable earnings $0.42, NII up 20%
Q4 GAAP net loss of $(15.1)M ($(0.65)/diluted share); net interest income $9.9M (+20% YoY).
Angel Oak REIT Q3 GAAP net income $31.2M, distributable loss $3.4M; dividend $0.32
GAAP net income $31.2M ($1.29/diluted); Distributable Earnings loss ($3.4M) ($0.14/diluted).
Angel Oak Mortgage REIT reduces borrowing spread on repurchase facility to 1.75%-3.35%
Interest rate pricing spread on repurchase facility reduced to 1.75%-3.35% from 2.10%-3.35% with Global Investment Bank 2.
Angel Oak Mortgage REIT closes $317M non-QM securitization AOMT 2024-10
AOMT 2024-10 includes 661 non-QM loans with scheduled principal balance of $316.8M, weighted avg coupon 7.79%, LTV 70.3%, FICO 754.
Angel Oak Mortgage REIT launches ATM equity offering of up to $75M in common stock
Entered into At Market Issuance Sales Agreement to sell up to $75M of common stock (AOMR) through ATM offering.
Angel Oak Mortgage REIT Q2 net loss $0.3M; issues $50M notes, repurchases shares
Q2 2024 net interest income $9.5M (+47% YoY); GAAP net loss ($0.3M) or ($0.01)/diluted share.
Angel Oak Mortgage REIT closes $50M offering of 9.500% Senior Notes due 2029
$50.0M aggregate principal of 9.500% Senior Notes due July 30, 2029, issued in underwritten public offering.
Angel Oak Mortgage REIT announces $50M offering of 9.500% Senior Notes due 2029
$50.0M aggregate principal of 9.500% Senior Notes due 2029; fully guaranteed by Angel Oak Mortgage Operating Partnership.
Preliminary Q2 GAAP EPS range ($0.04) to $0.01; distributable EPS ($0.12) to ($0.07) per share.
Angel Oak Mortgage REIT Q1 2024 net income $12.9M ($0.51 EPS); book value up 2.8%
GAAP net income of $12.9M ($0.51 diluted EPS); Distributable Earnings of $2.8M ($0.11/share).
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Max materiality 0.80 · Median 0.50 · Most common event other_material