[8-K] UWM Holdings Corp Reports Material Event

Rhea-AI Filing Summary

UWM Holdings Corporation reported that the New York Stock Exchange will delist and has immediately suspended trading in its Warrants due to “abnormally low selling price” levels under NYSE rule 802.01D. Each Warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 and is scheduled to expire on January 21, 2026, under the ticker “UWMC.WS.” The company stated it does not intend to appeal the NYSE’s determination, and the NYSE will apply to the SEC to formally delist the Warrants after completing required procedures.

Trading of UWM’s Class A common stock on the NYSE under the ticker “UWMC” continues and is described as unaffected by this action, as long as the company continues to meet the NYSE’s other listing requirements. This means only the Warrants are being removed from NYSE trading, while the underlying common stock remains listed.

Insights

Equity Capital Markets Analyst

UWM’s NYSE-listed warrants are being delisted for low price, while common stock remains listed.

The NYSE determined UWM Holdings Corporation’s Warrants should be delisted and immediately suspended because they trade at “abnormally low selling price” levels under Section 802.01D. These Warrants, exercisable for one share of Class A common stock at $11.50 per share and expiring on January 21, 2026, are therefore losing their NYSE trading venue.

The company does not plan to appeal, so the NYSE will seek SEC approval to complete the delisting. This removes an exchange-traded derivative on the stock, which can reduce liquidity and transparency for warrant holders, even though the underlying common stock continues to trade on the NYSE under “UWMC.” The filing also notes that common stock trading is unaffected, subject to UWM’s continued compliance with other NYSE listing standards.

From an investor perspective, the key direct impact falls on holders of the Warrants, who face reduced market access as the instruments approach their January 2026 expiration at an exercise price of $11.50. Future company disclosures may clarify any alternative trading arrangements or the scale of warrant exercises versus expirations.

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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): December 19, 2025

UWM Holdings Corporation

(Exact Name of Registrant as Specified in Charter)

Delaware

001-39189

84-2124167

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification Number)

585 South Boulevard E.
Pontiac,			Michigan						48341
(Address of principal executive offices)									(Zip Code)

(800) 981-8898

(Registrant’s telephone number, including area code)

			☐			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

Class A Common Stock, par value $0.0001 per share

UWMC

New York Stock Exchange

Warrants, each warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50

UWMCWS

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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

On December 19, 2025, UWM Holdings Corporation (the “Company”) received notice from the New York Stock Exchange (the “NYSE”) that the NYSE has determined to (i) commence proceedings to delist the Company’s warrants (the “Warrants”) and (ii) immediately suspend trading in the Warrants due to “abnormally low selling price” levels, pursuant to Section 802.01D of the NYSE Listed Company Manual. Each Warrant is presently exercisable for one share of the Company’s Class A common stock (the “Common Stock’) at an exercise price per share of $11.50 and are set to expire January 21, 2026, ticker symbol “UWMC.WS.” The Company does not intend to appeal the NYSE determination. To effect the delisting, the NYSE will apply to the Securities and Exchange Commission to delist the Warrants upon completion of all applicable procedures.

Trading in the Company’s Common Stock will continue on the NYSE under the ticker symbol “UWMC”, subject to the Company’s continued compliance with the NYSE’s other continued listing requirements, and is unaffected by this action.

SIGNATURES

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.

UWM HOLDINGS CORPORATION
By:						/s/ Rami Hasani
Name:						Rami Hasani
Title:						Executive Vice President, Chief Financial Officer

Date: December 29, 2025