UWM Holdings sets terms for 200M-share rights offering, backstopped
UWM Holdings says it will offer 200M Class A shares to holders of record on Oct. 2, 2026. The offering is backstopped to ensure at least $400M in gross proceeds via Oaktree option and obligations from Ishbia parties.
UWM Holdings Corporation set the terms of a rights offering for 200M Class A shares to holders of record on Oct. 2, 2026. The deal includes a backstop intended to ensure at least $400M in gross proceeds through an Oaktree option and the Ishbia parties’ obligation.