# TPG Mortgage Investment Trust, Inc. (MITP) — merger/definitive [announced]
Source: SEC API (secapi.ai) · situation sit_a511c79942fd3f4c02fd · retrieved 2026-08-12T06:57:22.750Z

## Overview
TPG Mortgage Investment Trust, Inc. is a real estate investment trust that owns and services mortgage loans.

TPG Mortgage Investment Trust, Inc. (MITT) entered into an Agreement and Plan of Merger dated August 9, 2026, to acquire Cherry Hill Mortgage Investment Corporation (CHMI). Under the merger agreement, each outstanding share of CHMI common stock will be converted into: (1) 0.3063 shares of MITT common stock and $0.41 per share in cash from MITT, and (2) $0.52 per share in cash from MITT Manager, for a total per-share consideration of 0.3063 MITT shares plus $0.93 in cash. Each share of CHMI Series A Preferred Stock will be converted into one newly issued share of MITT Series D Cumulative Redeemable Preferred Stock, and each share of CHMI Series B Preferred Stock will be converted into one newly issued share of MITT Series E Floating Rate Cumulative Redeemable Preferred Stock. The transaction is subject to customary closing conditions including stockholder approvals from both companies, SEC registration statement effectiveness, NYSE listing, and regulatory approvals. The merger agreement contains termination fees of $4.7 million if CHMI terminates and $7.99 million if MITT terminates under certain circumstances, with a termination date of March 9, 2027 (extendable to May 9, 2027 if regulatory approvals are pending).

## Terms
- Counterparty: Cherry Hill Mortgage Investment Corporation · Consideration: mixed

## Key dates
- Announced 2026-08-10 · Expiry 2027-03-09

## Timeline
- 2026-08-10 · 8-K (0001628280-26-054986): 8-K - TPG Mortgage Investment Trust, Inc. — *TPG Mortgage Investment Trust, Inc. is a real estate investment trust that owns and services mortgage loans.* TPG Mortgage Investment Trust, Inc. (MITT) entered into an Agreement and Plan of Merger dated August 9, 2026, to acquire Cherry Hill Mortgage Investment Corporation (CHMI). Under the merger agreement, each outstanding share of CHMI common stock will be converted into: (1) 0.3063 shares of MITT common stock and $0.41 per share in cash from MITT, and (2) $0.52 per share in cash from MITT Manager, for a total per-share consideration of 0.3063 MITT shares plus $0.93 in cash. Each share of CHMI Series A Preferred Stock will be converted into one newly issued share of MITT Series D Cumulative Redeemable Preferred Stock, and each share of CHMI Series B Preferred Stock will be converted into one newly issued share of MITT Series E Floating Rate Cumulative Redeemable Preferred Stock. The transaction is subject to customary closing conditions including stockholder approvals from both companies, SEC registration statement effectiveness, NYSE listing, and regulatory approvals. The merger agreement contains termination fees of $4.7 million if CHMI terminates and $7.99 million if MITT terminates under certain circumstances, with a termination date of March 9, 2027 (extendable to May 9, 2027 if regulatory approvals are pending).
  https://www.sec.gov/Archives/edgar/data/1514281/0001628280-26-054986.txt

## Citations
- 0001628280-26-054986 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026054986