The transaction information is sourced from SEC EDGAR filings published on August 10, 2026. The specific SEC filing form type is not disclosed in the available materials. The deal is currently pending regulatory approval.
On the target side, BTIG, LLC is serving as exclusive financial advisor to Cherry Hill Mortgage Investment Corp. On the acquirer side, Piper Sandler & Co. is serving as exclusive financial advisor to TPG Mortgage Investment Trust, Inc. Both advisory relationships are lead positions.
For legal representation, Mayer Brown LLP is acting as legal advisor to Cherry Hill Mortgage Investment Corp. on the target side. On the acquirer side, TPG Mortgage Investment Trust, Inc. is represented by two firms: Hunton Andrews Kurth LLP and Freshfields LLP are acting as legal counsel to MITT. Additionally, Fried, Frank, Harris, Shriver & Jacobson LLP is acting as legal counsel specifically to MITT's independent directors.
The transaction is structured as a merger with a disclosed consideration value of $117.5 million. However, the specific mix of consideration, whether cash, stock, or other instruments, is not disclosed in the available materials. No details regarding the per-share price, exchange ratio, or other structural terms have been provided.
The following material details remain undisclosed: the specific form of SEC filing containing this information, the expected closing date or timeline for regulatory approval, whether the $117.5 million represents the full equity consideration or includes debt assumptions or other liabilities, and any conditions, termination fees, or financing conditions associated with the transaction.