The transaction was disclosed via an SEC Form 8-K filing published on August 25, 2026, and accessed through SEC EDGAR. The form 8-K is the primary source document for this briefing, filed contemporaneously with the public announcement. The deal is currently in announced status, meaning it has been publicly disclosed but the transaction has not yet closed.

Two Harbors Investment Corp. is being advised by two financial advisors. PJT Partners is serving as a strategic advisor to the target company. Houlihan Lokey Capital, Inc. is advising Two Harbors as well and is identified as a lead advisor on the transaction. On the acquirer side, Citigroup (Citi) has been retained as the exclusive financial advisor, holding a lead role in that capacity.

No legal advisors are identified in the source materials provided for this transaction.

The specific structure and terms of the proposed transaction are not disclosed in the Form 8-K filing. Details regarding the consideration mix, whether cash, stock, or a combination of the two, are absent from the source document. No information about earnout provisions, working capital adjustments, or other customary transaction mechanics is available. The filing provides no detail on timing or conditions to closing.

Several material details remain undisclosed or unknown at this stage. The identity of the acquirer is not stated in the source materials. The total transaction value or purchase price is not disclosed. The expected closing date has not been provided. The structure of consideration, including the relative portions of cash and equity or any contingent payments, is not specified. No information regarding deal conditions, termination rights, or other closing mechanics has been disclosed in the available documentation.