# SFS HOLDING CORP — capital_raise/rights_offering [completed]
Source: SEC API (secapi.ai) · situation sit_ddb963b9be2848c4bda4 · retrieved 2026-08-14T01:41:10.241Z

## Overview
UWM Holdings Corporation is a mortgage banker and loan correspondent engaged in the origination, sale and servicing of residential mortgage loans through wholesale, retail, correspondent and other channels, including conforming loans, government loans, jumbo loans, non-QM loans, home equity loans and lines of credit, as well as mortgage servicing rights, mortgage-related technology platforms, and…

On August 5, 2026, UWM Holdings Corporation entered into a Securities Purchase Agreement with Oaktree Capital Management-affiliated funds (the "Oaktree Purchasers"), SFS Capital Group, LLC, and Mat Ishbia. The Oaktree Purchasers purchased 1,500,000 shares of Series A-1 Preferred Stock, warrants to purchase 150,000,000 shares of Class A common stock at $6.00 per share, and warrants to purchase 150,000,000 shares of Class A common stock at $2.00 per share, for aggregate consideration of $1.5 billion. SFS Capital purchased 150,000 shares of Series A-2 Preferred Stock, warrants to purchase 15,000,000 shares of Class A common stock at $6.00 per share, and warrants to purchase 15,000,000 shares of Class A common stock at $2.00 per share, for aggregate consideration of $150,000,000. The total financing consideration was $1.65 billion. The Series A Preferred Stock is non-voting perpetual preferred stock. The Warrants are exercisable at any time from issuance until the tenth anniversary of the closing date, except that exercise of the Warrants issued to SFS Capital is subject to stockholder approval and a 4.99% blocker.

## Terms
- Counterparty: Oaktree Capital Management, L.P. (via affiliated funds), SFS Capital Group, LLC, and Mat Ishbia · Deal value: $1.65B · Consideration: mixed

## Key dates
- Completed 2026-08-05

## Timeline
- 2026-08-10 · SCHEDULE 13D/A (0001842002-26-000024): SCHEDULE 13D/A - SFS HOLDING CORP — *UWM Holdings Corporation is a mortgage banker and loan correspondent engaged in the origination, sale and servicing of residential mortgage loans through wholesale, retail, correspondent and other channels, including conforming loans, government loans, jumbo loans, non-QM loans, home equity loans and lines of credit, as well as mortgage servicing rights, mortgage-related technology platforms, and…* On August 5, 2026, UWM Holdings Corporation entered into a Securities Purchase Agreement with Oaktree Capital Management-affiliated funds (the "Oaktree Purchasers"), SFS Capital Group, LLC, and Mat Ishbia. The Oaktree Purchasers purchased 1,500,000 shares of Series A-1 Preferred Stock, warrants to purchase 150,000,000 shares of Class A common stock at $6.00 per share, and warrants to purchase 150,000,000 shares of Class A common stock at $2.00 per share, for aggregate consideration of $1.5 billion. SFS Capital purchased 150,000 shares of Series A-2 Preferred Stock, warrants to purchase 15,000,000 shares of Class A common stock at $6.00 per share, and warrants to purchase 15,000,000 shares of Class A common stock at $2.00 per share, for aggregate consideration of $150,000,000. The total financing consideration was $1.65 billion. The Series A Preferred Stock is non-voting perpetual preferred stock. The Warrants are exercisable at any time from issuance until the tenth anniversary of the closing date, except that exercise of the Warrants issued to SFS Capital is subject to stockholder approval and a 4.99% blocker.
  https://www.sec.gov/Archives/edgar/data/1842002/0001842002-26-000024.txt

## Citations
- 0001842002-26-000024 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000184200226000024