UWMC Urges Two Harbors Stockholders to Reject CCM Merger Ahead of Vote
UWMC is trading near its 52-week low of $2.94 (0.2% above the low).
Summary
UWM Holdings Corp. (UWMC) is making a final appeal to Two Harbors Investment Corp. (TWO) stockholders to vote against the CrossCountry Mortgage merger, highlighting its superior $12.50 per share offer and the support of independent proxy advisors, just before the critical shareholder vote.
Key Events · M&A and Partnerships · UWMC
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Final Proxy Battle Push
UWM Holdings Corp. (UWMC) is making a last-minute appeal to Two Harbors Investment Corp. (TWO) stockholders to vote against the CrossCountry Mortgage (CCM) merger proposal before the May 19, 2026 special meeting, with the voting deadline for the BLUE proxy card today.
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Superior Offer Reiterated
UWMC emphasizes its $12.50 per share offer, which includes cash or stock election, positioning it as superior to the CCM deal. This represents a significant premium over Two Harbors' current stock price of $2.945, which is trading near its 52-week low.
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Proxy Advisors Recommend Against CCM Deal
All three leading independent proxy advisors (ISS, Glass Lewis, and Egan-Jones) recommend that Two Harbors stockholders vote against the CCM transaction and engage with UWMC's superior proposal.
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Criticism of Two Harbors Board
UWMC criticizes the Two Harbors Board for refusing to engage constructively and highlights potential 'golden parachutes' for management in the CCM transaction, suggesting a conflict of interest.
Analysis · UWMC · Real Estate & Construction
UWM Holdings Corp. (UWMC) is making a final, urgent appeal to Two Harbors Investment Corp. (TWO) stockholders to vote against the proposed CrossCountry Mortgage (CCM) merger. This filing, made just hours before the voting deadline for the special meeting, highlights UWMC's significantly higher offer of $12.50 per share (a substantial premium over TWO's current stock price of $2.945, which is near its 52-week low). The strong backing from all three major independent proxy advisors (ISS, Glass Lewis, and Egan-Jones) recommending against the CCM deal and for engagement with UWMC's proposal adds significant weight. This is a critical moment in the hostile takeover battle, with the outcome of the shareholder vote directly impacting the future valuation and strategic direction of Two Harbors.
How filings like this one have moved
In the 30 days to Aug 24, 2026, 44% of the 972 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UWMC was trading at $2.95 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $4.7B. The 52-week trading range was $2.94 to $7.14. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.