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UWM Holdings Corp
UWM Holdings announced preliminary Q3 2026 results, expecting revenue between $800 million and $825 million and net income between $205 million and $220 million. The company also confirmed a $400 million rights offering initiated on October 5, 2026, supported by a backstop agreement with CEO Mat Ishbia to ensure full funding if external subscription is insufficient.…more
UWM Holdings Corp
UWM Holdings Corporation has commenced a rights offering to raise up to $400 million, with a record date of October 2, 2026. Shareholders receive one subscription right for each share of Class A common stock held, allowing them to purchase 0.57 shares at a subscription price of at least $2.00 per share. The offering expires on November 12, 2026, and is supported by a backstop agreement with the Ishbia Support Parties and Oaktree Purchasers to ensure the full $400 million is raised.…more
UWM Holdings Corp
UWM Holdings Corporation has registered for resale up to 1.5 million shares of Series A-1 Preferred Stock, 330 million warrants (165 million Class A and 165 million Class B), and 330 million shares of Class A Common Stock issuable upon exercise of those warrants. This registration follows the Securities Purchase Agreement dated August 5, 2026, involving Oaktree Capital Management, SFS Holding Corp., and other affiliated entities.…more
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UWM Holdings Reports Q3 Preliminary Results and Lowers FY26 Revenue Guidance…more
UWM Holdings expects to report a Q3 net income between $205 million and $220 million. However, the company lowered its full-year 2026 revenue guidance due to reduced loan origination volumes across the industry.…more
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UWM Holdings is launching a rights offering for 200 million shares to raise at least $400 million in capital. This issuance is expected to lead to shareholder dilution, which may negatively impact the stock price.…more
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