FINS Angel Oak Financial Strategies Income Term Trust

CIK 0001745059 9 ready 8-Ks latest May 26, 2026, 5:16 PM ET RSS · JSON

Activity: NORMAL 0 filings / 30d vs 0 baseline

Ready 8-Ks 9

Latest filing May 26, 2026, 5:16 PM ET

Top materiality 0.75

Event mix other_material ×7 · debt ×1 · m_and_a ×1

Sentiment 3 pos · 0 neg · 6 neu

Recent 8-K filings for FINS

Highest-materiality recent filing

FINS raises $110.4M in oversubscribed rights offering; deploys into higher-coupon bank debt

June 18, 2025, 7:59 PM ET other material materiality 0.75 positive item 8.01 item 9.01

Rights offering raised ~$110.4M, issued 8.35M shares; proceeds deployed into bank debt with avg coupon 7.65% vs portfolio avg 6.49%.
Distribution yield over 10%, discount narrowed to 5.6% as of May 31; outperformed index on 1/3/5yr and since inception.

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May 26, 2026, 5:16 PM ET debt materiality 0.55 neutral item 1.01 item 3.02 item 5.03 item 8.01 item 9.01 ◈ Material Agreements ×2◈ Governance Changes

FINS closes $50M MRPS offering and $40M Series C Notes; annual meeting set for Sept 25, 2026

Closed $50M private placement of Series A MRPS ($25 liquidation preference, due April 30, 2031, rated A3 by Moody's).
November 26, 2025, 6:59 PM ET other material materiality 0.40 neutral item 8.01 item 9.01

Angel Oak FINS board approves later annual meeting, proposes lowering trustee removal threshold to 66.67%

Board approved calling annual meeting later than 30 days from prior anniversary to give reprieve from recent non-routine actions (rights offering, contested annual meeting, special meeting).
October 2, 2025, 7:59 PM ET other material materiality 0.65 neutral item 5.02 item 8.01 item 9.01

Brookfield acquires majority of FINS adviser; Trustee Triick resigns, Bortz named President

Brookfield Asset Management Ltd. acquired majority of Angel Oak Companies, LP, parent of Fund's adviser Angel Oak, effective Oct 1, 2025.
June 18, 2025, 7:59 PM ET other material materiality 0.75 positive item 8.01 item 9.01

FINS raises $110.4M in oversubscribed rights offering; deploys into higher-coupon bank debt

Rights offering raised ~$110.4M, issued 8.35M shares; proceeds deployed into bank debt with avg coupon 7.65% vs portfolio avg 6.49%.
May 15, 2025, 7:59 PM ET other material materiality 0.70 positive item 8.01 item 9.01

Angel Oak FINS reports oversubscribed rights offering; gross proceeds ~$110.4M

Rights offering expired May 14, 2025; all 8,354,213 shares issued at $13.23/share (90% of NAV).
April 21, 2025, 7:59 PM ET other material materiality 0.70 neutral item 1.01 item 8.01 item 9.01

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

Record date shareholders receive one right per share; 3 rights buy 1 common share at $12.82.
April 11, 2025, 7:59 PM ET other material materiality 0.65 positive item 8.01 item 9.01

Angel Oak FINS launches 1-for-3 rights offering at discount; fee waiver to 1.00%

Record Date April 21, 2025; 1 Right per share, 1 new share per 3 Rights; subscription period April 21 – May 14.
April 1, 2025, 7:59 PM ET M&A materiality 0.75 neutral item 8.01 item 9.01

Angel Oak Financial Strategies Income Term Trust reports Brookfield to acquire majority of investment adviser's parent

Brookfield Asset Management to acquire majority of Angel Oak Companies, LP, parent of the Fund's investment adviser.
September 20, 2021, 7:59 PM ET other material materiality 0.50 neutral item 1.01 item 8.01 item 9.01

Angel Oak Financial Strategies Income Term Trust launches rights offering for up to 5,076,333 shares at 1-for-3 ratio

Record date September 20, 2021; shareholders receive one Right per share held, three Rights to purchase one new share.

Materiality & sentiment trend

Max materiality 0.75 · Median 0.65 · Most common event other_material

3 positive 0 negative 6 neutral

source · FINS on sec.gov