Every 424B that UWM Holdings Corporation (UWMC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow UWMC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UWMC filings page.
UWM Holdings Corporation (UWMC) amended its prospectus for subscription rights to purchase up to 200,000,000 shares of Class A common stock. The supplement adds preliminary third-quarter information before the measurement period used to determine the subscription price.
For the quarter ended September 30, 2026, management expects preliminary loan originations of $33.4 billion, including $22.8 billion in purchase loans and $10.6 billion in refinances. Estimated total revenue is $800 million to $825 million, net income $205 million to $220 million, and Adjusted EBITDA $170 million to $190 million. Loan servicing income is estimated at $240 million to $250 million and loan production income at $410 million to $420 million.
The estimates are unaudited, have not been reviewed by the independent registered accounting firm, and may change materially as quarter-end closing procedures are completed. Adjusted EBITDA, net non-funding debt, and Total Preferred and Common Equity are non-GAAP measures.
UWMC registered for resale by selling stockholders up to 1,500,000 shares of Series A-1 Preferred Stock, 165,000,000 Class A Warrants, 165,000,000 Class B Warrants and 330,000,000 shares of Class A Common Stock issuable upon warrant exercise. UWMC is not issuing or selling new securities through this supplement and receives no proceeds from the selling stockholders’ resales. The registration fulfills obligations under the Investor Rights Agreement dated August 5, 2026.
Each warrant entitles its holder to purchase one Class A Common Stock share and is exercisable only for cash, at $6.00 per share for Class A Warrants and $2.00 per share for Class B Warrants, until 5:00 p.m., New York City time, on August 5, 2036. If all warrants are exercised, UWMC may receive up to approximately $1.32 billion and expects to use net exercise proceeds for general corporate purposes. The Series A-1 Preferred Stock and Warrants have no established trading market, and UWMC does not expect one to develop.
UWM Holdings Corp (symbol: UWMC) is the issuer of record for a Form 424B5 filing submitted to the SEC. UWM Holdings Corp. is distributing transferable rights to purchase up to 200,000,000 shares of Class A common stock, with one right for each share held on October 2, 2026. Holders may purchase shares pro rata through the basic right and, if they exercise it in full, request additional unsubscribed shares. The subscription price is the greater of $2.00 per share and 85% of the 10-trading-day volume-weighted average price ending November 9, 2026. Each right represented approximately 0.57 shares as of September 25, subject to change by the record date.
UWM expects at least $400 million in gross proceeds from the rights offering and backstop, and estimates approximately $387 million in net proceeds after fees and offering expenses. For a shortfall, Oaktree Purchasers have the option and Ishbia Support Parties the obligation to purchase securities. Proceeds, together with a portion of prior Series A Preferred Stock proceeds, are intended to redeem the $500.0 million 2027 Senior Notes promptly after completion. Rights expire November 12, 2026, unless extended.
UWMC is proposing an all‑stock acquisition of Two Harbors Investment Corp., and Two Harbors stockholders are being asked to approve the merger. Each share of Two Harbors common stock will convert into 2.3328 shares of UWMC Class A common stock, with cash paid instead of fractional shares. Based on the February 10, 2026 record date, UWMC expects to issue about 245,044,748 new Class A shares, plus one‑for‑one replacement of each series of Two Harbors preferred stock with new UWMC preferred series at the same dividend rates.
After closing, existing UWMC stockholders are expected to own about 87% of UWMC common equity on a fully diluted basis and former Two Harbors common stockholders about 13%, with SFS Holdings Corp. retaining roughly 79% of UWMC’s voting power. The deal implies a pro forma UWMC equity market capitalization of approximately $8.9 billion based on a $4.84 UWMC share price on February 10, 2026. Two Harbors will become an indirect, wholly owned subsidiary of UWMC, and its common and preferred shares will be delisted and deregistered.
The Two Harbors board unanimously recommends voting “FOR” the merger, a non‑binding compensation advisory proposal and a potential adjournment to solicit more votes. The proxy outlines key risks, including a fixed stock exchange ratio, the possibility the merger is delayed or not completed, integration challenges, reduced dividend expectations versus Two Harbors’ REIT structure, and ongoing merger‑related litigation that Two Harbors believes is without merit.