Two Harbors: NYSE submits preferred-stock removal notice

The issuer states it complied with exchange rules and requirements governing voluntary withdrawal of the preferred-stock classes.

Rhea-AI Filing Summary

Two Harbors Investment Corp. (TWO) is the issuer whose Series A, Series B and Series C fixed-to-floating rate cumulative redeemable preferred-stock classes are covered by a Form 25 notification submitted by New York Stock Exchange LLC for removal from listing and/or registration on that exchange. Their stated rates are 8.125%, 7.625% and 7.25%, respectively.

Key Figures

Series A stated rate: 8.125% Series B stated rate: 7.625% Series C stated rate: 7.25%

3 metrics

Series A stated rate 8.125% Fixed-to-floating rate cumulative redeemable preferred stock

Series B stated rate 7.625% Fixed-to-floating rate cumulative redeemable preferred stock

Series C stated rate 7.25% Fixed-to-floating rate cumulative redeemable preferred stock

Key Terms

Fixed-to-Floating Rate, Cumulative Redeemable Preferred Stock, voluntary withdrawal

3 terms

Fixed-to-Floating Rate financial

"8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock"

A fixed-to-floating rate is a type of loan or investment that starts with a fixed interest rate for a certain period, meaning the payments stay the same, then switches to a variable rate that can change over time based on market conditions. This matters because it offers the stability of fixed payments initially, but also the flexibility to benefit if interest rates drop later.

Cumulative Redeemable Preferred Stock financial

"7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock"

Cumulative redeemable preferred stock is a type of investment that gives shareholders priority over common stockholders to receive dividends and get their money back if the company is sold or closes. If the company misses dividend payments, it must pay them later before any dividends can go to other shareholders. This makes it a more secure and flexible option for investors seeking steady income with some ability to redeem their shares in the future.

voluntary withdrawal regulatory

"governing the voluntary withdrawal of the class"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Which TWO preferred-stock classes are identified for removal from NYSE listing?

The classes identified are Two Harbors Investment Corp.'s 8.125% Series A, 7.625% Series B and 7.25% Series C fixed-to-floating rate cumulative redeemable preferred stocks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/28/2026 - 10:05 AM Accepted by SEC EDGAR 09/28/2026 - 10:05 AM Learn about SEC filing dates

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-34506

Issuer:	TWO HARBORS INVESTMENT CORP.
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	1601 UTICA AVENUE SOUTH SUITE 900
	ST. LOUIS PARK	MINNESOTA	55416
Telephone number:					612-453-4100

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock; 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock; 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-09-28	By	Anthony Sozzi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.