TWO Announces Adjournment of Special Meeting to Allow Additional Voting on Merger With UWM Holdings Corporation
Businesswire·2026-03-16 14:30

Core Viewpoint - TWO Harbors Investment Corp. has adjourned its Special Meeting of Stockholders to allow additional time for stockholders to vote on the proposed merger with UWM Holdings Corporation, with the meeting reconvening on March 24, 2026 [1][2]. Company Overview - TWO Harbors Investment Corp. (NYSE: TWO) is a real estate investment trust (REIT) focused on mortgage servicing rights and residential mortgage-backed securities, headquartered in St. Louis Park, MN [6]. - UWM Holdings Corporation (NYSE: UWMC) is the parent company of United Wholesale Mortgage, the largest home mortgage lender in the U.S., known for its wholesale channel operations [6]. Merger Details - The merger agreement between TWO and UWMC was announced on December 17, 2025, where UWMC will acquire TWO in an all-stock transaction at an exchange ratio of 2.3328 shares of UWMC Class A Common Stock for each share of TWO common stock [4]. - The completion of the merger is contingent upon approval from TWO's stockholders and other customary regulatory approvals [4]. Special Meeting Information - The adjourned Special Meeting will be held virtually on March 24, 2026, at 11:00 a.m. Eastern Time, with stockholders encouraged to vote during the additional period [2][3]. - Stockholders who have already voted do not need to take further action, while those who wish to change their votes can do so using the provided instructions [3]. Proxy and Voting - Proxies submitted prior to the adjournment will be counted at the reconvened meeting unless revoked [3]. - The Board of Directors of TWO unanimously recommends that stockholders vote in favor of the merger, emphasizing the importance of each stockholder's vote [3].

TWO Announces Adjournment of Special Meeting to Allow Additional Voting on Merger With UWM Holdings Corporation - Reportify