Current Report Filing (8-k)

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): March 2, 2022

 

Angel Oak Mortgage, Inc. 

(Exact name of registrant as specified in its charter)

 

Maryland	001-40495	37-1892154
(State or other jurisdiction of incorporation	(Commission File	(I.R.S. Employer Identification No.)
or organization)	Number)

 

3344 Peachtree Road Northeast, Suite 1725, Atlanta, Georgia 30326

(Address of Principal Executive Offices and Zip Code)

 

Registrant’s telephone number, including area code: [phone]

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, $0.01 par value per share	AOMR	New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

¨

 

 

 

 

 

 

Item 1.01.

Entry into a Material Definitive Agreement.

 

On March 2, 2022, Angel Oak Mortgage, Inc. (the “Company”) and one of its subsidiaries (the “Subsidiary”) entered into the Fourth Amendment (the “Amendment”) to the Amended and Restated Master Repurchase Agreement (the “Master Repurchase Agreement”) with Goldman Sachs Bank USA (“Goldman”). Pursuant to the Amendment, the Company, the Subsidiary and Goldman agreed to extend the scheduled termination date of the Master Repurchase Agreement from March 5, 2022 to March 5, 2023.

 

A copy of the Amendment is attached hereto as Exhibit 10.1 and incorporated herein by reference. In accordance with item 601(b)(10) of Regulation S-K, certain private or confidential items have been redacted from the filed copy of the Amendment.

 

Item 9.01.

Financial Statements and Exhibits.

 

(d)       Exhibits

 

Exhibit No.

Description

 

Exhibit 10.1*

Fourth Amendment to Amended and Restated Master Repurchase Agreement and Amendment to Fee Letter among Goldman Sachs Bank USA, Angel Oak Mortgage Fund TRS and Angel Oak Mortgage, Inc dated March 2, 2022.

 

Exhibit 104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

* Portions of this exhibit are redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 7, 2022	ANGEL OAK MORTGAGE, INC.
	By:	/s/ Brandon Filson
	Name: Brandon Filson
	Title:   Chief Financial Officer and Treasurer