Two Harbors raises merger price to $12.00/share, up 6.2% from prior agreement

Filed May 8, 2026 · Period ending May 7, 2026 · ~1 min read

Key Changes

• high

  Cash consideration increased to $12.00 per share from $11.30, providing shareholders an additional $0.70 per share when the CrossCountry merger closes.

  Item 1.01 verify on EDGAR →
• high

  CrossCountry secured $1.4 billion unsecured financing commitment, now incorporated into the merger agreement with cooperation covenants, strengthening deal certainty.

  Item 1.01 verify on EDGAR →
• medium

  Board unanimously approved the improved terms and reaffirmed its recommendation that shareholders vote in favor of the merger.

  Item 1.01 verify on EDGAR →