Highest-materiality recent filing
Two Harbors adjourns special meeting on CCM deal to June 11; board reaffirms support
Adjourned to June 11, 2026 at 10:00 AM ET; record date still April 15.
Two Harbors adjourns special meeting for CCM acquisition to May 28; court denies TRO
Special meeting adjourned to May 28, 2026 at 10:00 a.m. ET for additional proxy solicitation.
Stockholder lawsuit filed against Two Harbors, seeks to enjoin May 19 merger vote
George Assad filed complaint May 13, 2026 in MD federal court against Two Harbors and directors.
Two Harbors gets waiver to pay stub dividend up to $0.34/share if merger closes after quarter end
CCM waived Section 6.1(b)(i) restrictions to permit a pro-rated dividend for the quarter in which the merger closes.
Two Harbors raises all-cash merger consideration to $12.00/share in amended CrossCountry deal
Per-share cash consideration increased by $0.70 to $12.00, a 21% premium to the unaffected share price.
Two Harbors raises CCM merger cash consideration to $11.30/share after competing UWM bid
Per-share cash consideration increased to $11.30 from $10.80; special meeting remains May 19, 2026.
Two Harbors Q1 2026: New merger with CrossCountry Mortgage at $11.30/share
Entered definitive merger with CCM at $11.30/share (up from $10.80), terminated prior UWM deal.
Stockholders receive $10.80/share cash in merger with CrossCountry affiliate; board unanimously approved.
CCM offers $10.70/share cash plus payment of $25.4M termination fee to UWMC.
Unsolicited proposal to buy all outstanding shares of TWO common stock at $10.70 per share in cash.
Two Harbors adjourns special meeting on UWM merger to March 24 for more proxy solicitation
Special meeting adjourned to March 24, 2026 at 11:00 a.m. ET to allow additional voting on merger with UWM Holdings Corporation.
Two Harbors agrees to be acquired by UWMC in all-stock deal valued at $11.94/sh; reports Q4 earnings
Two Harbors stockholders to receive 2.3328 UWMC shares per TWO share, representing a 21% premium to 30-day VWAP.
UWM to acquire Two Harbors in all-stock deal valued at $1.3B
Two Harbors stockholders get 2.3328 UWMC shares per TWO share, a 21% premium over 30-day VWAP.
Two Harbors to merge with UWM in all-stock deal valued at $1.3B
Each TWO common share to receive 2.3328 UWM Class A shares; equity value ~$1.3B.
Two Harbors Q3 comprehensive loss $80.2M; includes $175.1M litigation settlement; book value $11.04
Comprehensive loss of $80.2M ($0.77 per share); GAAP net loss $141.2M ($1.36 per share).
Two Harbors files new ATM program to sell up to 15M shares via Citizens JMP and BTIG
Offers up to 15,000,000 shares of common stock under at-the-market program.
Two Harbors settles Pine River litigation for $375M, declares Q3 dividend $0.34/share
Resolved all claims with Pine River for a one-time cash payment of $375M, payable within 30 days.
Two Harbors corrects Q2 financials: comprehensive loss $221.8M, contingency $199.9M
Corrected calculation of total liabilities, interest expense, and MSR bulk purchases count in press release and presentation.
Two Harbors posts $221.8M comprehensive loss; $199.9M litigation charge sinks book value to $12.14
Comprehensive loss of $221.8M ($2.13/share); GAAP net loss $272.3M ($2.62/share).
Two Harbors records $198.9M contingency liability after court ruling in PRCM dispute
Court overruled company's objections; granted plaintiffs' summary judgment that Two Harbors had no cause to terminate management agreement.
Two Harbors annual meeting results: all proposals approved
Shareholders elected eight directors to board until 2026 meeting, each with majority support.
Two Harbors closes $115M offering of 9.375% Senior Notes due 2030; net proceeds ~$110.8M
Issued $115M aggregate principal of 9.375% Senior Notes due 2030; includes $15M over-allotment exercised.
Two Harbors issues $100M 9.375% Senior Notes due 2030; underwriters can add $15M
$100M aggregate principal of 9.375% Senior Notes due 2030; 30-day over-allotment option for additional $15M.
Book value per common share $14.66, up from $14.47 at Dec 2024; quarterly dividend $0.45 (4.4% economic return).
Two Harbors CFO William Dellal rescinds planned resignation, will remain in role
William Dellal continues as Vice President and CFO; prior resignation effective May 5, 2025 is withdrawn.
Two Harbors Q4 comprehensive loss $0.03/sh; book value $14.47; dividend $0.45 flat
Comprehensive loss of $1.6M ($0.03/sh); GAAP net income $264.9M ($2.54/sh) on mark-to-market gains.
Two Harbors appoints Travis Swenson as CFO effective May 5, 2025; interim CFO Dellal to resign
Travis Swenson named CFO, effective May 5, 2025; will serve as Deputy CFO until then.
Two Harbors Q3 comprehensive income $19.3M; GAAP net loss $250M; book value $14.93
Comprehensive income $19.3M ($0.18/share); GAAP net loss $250.3M ($2.42/share) due to mark-to-market on MSR and RMBS.
Two Harbors appoints Jillian Halm as CAO; Blake Johnson resigns as Acting CAO
Blake Johnson resigns as Acting CAO effective no later than Oct 25, 2024; remains in non-officer role through transition.
CFO Mary Riskey retires; William Dellal named interim CFO; Blake Johnson acting CAO
Mary Riskey resigned as VP and CFO on Aug 1, 2024, consistent with previously announced retirement.
Two Harbors increases ATM equity capacity to 15M shares
Amendment to Equity Distribution Agreement with Citizens JMP Securities raises maximum shares to 15,000,000.
Two Harbors reports Q2 book value $15.19, flat economic return; dividend $0.45
Comprehensive income of $0.5M ($0.00 EPS); GAAP net income $44.6M ($0.43 EPS).
Two Harbors shareholders elect all nine directors, approve say-on-pay, ratify E&Y
All nine director nominees elected with >60M votes for each; broker non-votes of ~16.6M shares.
On April 18, 2025, the Board of Directors of Two Harbors Investment Corp. (the “Company”) confirmed that William Dellal has been designated as the Company’s Vice President and Chief Financial Officer and will serve in such role until further notice.
Mr. Dellal will resign from his role as of the Effective Date.
On November 11, 2024 , the Board of Directors of Two Harbors Investment Corp. (the “Company”) approved the appointment of Travis Swenson as Chief Financial Officer of the Company, with an effective date of May 5, 2025
On August 26, 2024, Blake Johnson notified Two Harbors Investment Corp. (the “Company”) of his intention to resign from his position as Acting Chief Accounting Officer of the Company, effective no later than October 25, 2024
On August 28 , 2024, the Board of Directors of the Company appointed Jillian Halm as Chief Accounting Officer of the Company, effective immediately .
On August 1, 2024, the Board of Directors of the Company also appointed Blake Johnson as Acting Chief Accounting Officer of the Company, effective immediately .
On August 1, 2024, consistent with her previously announced plan to retire, Mary Riskey resigned from her role as Vice President and Chief Financial Officer of Two Harbors Investment Corp. (the “Company”).
On August 1 , 2024, the Board of Directors of the Company appointed William Dellal as Vice President and Interim Chief Financial Officer of the Company, effective immediately .
Max materiality 0.95 · Median 0.70 · Most common event m_and_a