Shareholder Alert: The Ademi Firm investigates whether Two Harbors Investment Corp. is obtaining a Fair Price for its Public Shareholders

Group 1 - The Ademi Firm is investigating TWO (NYSE: TWO) for possible breaches of fiduciary duty and other legal violations related to its transaction with UWM Holdings Corporation [1] - In the transaction, TWO shareholders will receive 2.3328 shares of UWMC Class A Common Stock for each share of TWO common stock, equating to a value of $11.94 per share based on UWMC's closing price as of December 16, 2025 [2] - Upon completion of the transaction, UWM shareholders will own approximately 87% of the combined company, while TWO shareholders will own approximately 13% [2] Group 2 - The transaction agreement imposes significant penalties for TWO if it accepts competing bids, which raises concerns about the conduct of the TWO board of directors and their fiduciary duties to all shareholders [3] - The investigation focuses on whether the board is acting in the best interests of all shareholders, particularly in light of substantial benefits for TWO insiders as part of the change of control arrangements [2][3]