Cherry Hill Mortgage Investment Corporation CHMI

TPG Mortgage Investment Trust, Inc. is acquiring Cherry Hill Mortgage Investment Corporation, a Maryland corporation that invests in residential mortgage assets, including mortgage servicing rights through its licensed mortgage servicing subsidiary Aurora Financial Group, Inc. CHMI holders will receive 0.3063 shares of MITT common stock plus $0.41 per share in cash from MITT plus $0.52 per share in cash from AG REIT Management, LLC.

The deal is expected to close as promptly as practicable following satisfaction of all closing conditions set forth in the Merger Agreement. First, MITT common stockholders must approve the MITT Common Stock Issuance Proposal, CHMI common stockholders must approve the CHMI Merger Proposal, Required Regulatory Approvals must be obtained, and MITT Common Stock must be listed on NYSE.