UWM Holdings Corp. Enters Material Definitive Agreement
Ticker: UWMC · Form: 8-K · Filed: 2025-09-16T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
UWM Holdings Corp. just signed a big deal, creating a new financial obligation. Details to follow.
AI Summary
On September 16, 2025, UWM Holdings Corp. entered into a material definitive agreement, creating a direct financial obligation. The filing details this agreement and related financial statements and exhibits, but specific terms and dollar amounts are not provided in this excerpt.
Why It Matters
This filing indicates a significant new financial commitment or obligation for UWM Holdings Corp., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The creation of a direct financial obligation or off-balance sheet arrangement can introduce new financial risks and complexities for the company.
Key Players & Entities
- UWM Holdings Corp. (company) — Registrant
- Gores Holdings IV, Inc. (company) — Former Company Name
- September 16, 2025 (date) — Date of Report
FAQ
What is the nature of the material definitive agreement entered into by UWM Holdings Corp.?
The filing states that UWM Holdings Corp. entered into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.
What type of financial obligation has UWM Holdings Corp. created?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
When was this material definitive agreement reported?
The report date for this event is September 16, 2025.
What was UWM Holdings Corp.'s former company name?
UWM Holdings Corp.'s former company name was Gores Holdings IV, Inc.
Where is UWM Holdings Corp. incorporated?
UWM Holdings Corp. is incorporated in Delaware.
Filing Stats: 1,396 words · 6 min read · ~5 pages · Grade level 11.3 · Accepted 2025-09-16 16:11:19
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share UWMC New York Stock Exchange
- $11.50 — A Common Stock at an exercise price of $11.50 UWMCWS New York Stock Exchange Indica
- $1.0 billion — rsuant to which UWM Holdings LLC issued $1.0 billion aggregate principal amount of 6.250% se
Filing Documents
- xbrl-20250916.htm (8-K) — 40KB
- uwm2025-indenturex2031seni.htm (EX-4.11) — 1072KB
- 0001783398-25-000040.txt ( ) — 1435KB
- xbrl-20250916.xsd (EX-101.SCH) — 2KB
- xbrl-20250916_def.xml (EX-101.DEF) — 15KB
- xbrl-20250916_lab.xml (EX-101.LAB) — 27KB
- xbrl-20250916_pre.xml (EX-101.PRE) — 16KB
- xbrl-20250916_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On September 16, 2025, subsidiaries of UWM Holdings Corporation, UWM Holdings, LLC ("UWM Holdings LLC"), as issuer, United Wholesale Mortgage, LLC ("UWM"), as guarantor, and U.S. Bank Trust Company, National Association, as trustee, executed an indenture (the "Indenture") pursuant to which UWM Holdings LLC issued $1.0 billion aggregate principal amount of 6.250% senior unsecured notes due 2031 (the "2031 Senior Notes"). The 2031 Senior Notes have an interest coupon of 6.250% and were issued at a price of 100% of their face value. Interest on the 2031 Senior Notes is payable semi-annually on March 15 and September 15 of each year, beginning on March 15, 2026. The 2031 Senior Notes mature on March 15, 2031. UWM Holdings LLC may redeem the 2031 Senior Notes, in whole or in part, at any time during the twelve-month period beginning on the following dates at the following redemption prices: March 15, 2028 at 103.125%, March 15, 2029 at 101.563, or March 15, 2030 until maturity at 100.000%, of the principal amount of the 2031 Senior Notes to be redeemed on the redemption date plus accrued and unpaid interest. In addition, until March 15, 2028, UWM Holdings LLC may redeem up to 40% of the aggregate principal amount of the 2031 Senior Notes with the net proceeds of certain equity offerings at a redemption price of 106.250% of the principal amount of the 2031 Senior Notes to be redeemed plus accrued and unpaid interest, if any, to the redemption date. UWM Holdings LLC may also redeem some or all of the 2031 Senior Notes at any time prior to March 15, 2028 at a redemption price equal to 100% of the principal amount of the 2031 Senior Notes to be redeemed plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but excluding the redemption date. The Applicable Premium means, with respect to any of the 2031 Senior Notes on any redemption date, the greater of (i) 1.0% of the principal amount of such
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.13 Indenture, dated September 16, 2025, by and between UWM Holdings, LLC, as issuer, United Wholesale Mortgage, as guarantor, and U.S. Bank Trust Company, National Association, as trustee. 4.14 Form of 6.250% Senior Notes due 2031 (included in Exhibit 4.13). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 16, 2025 UWM HOLDINGS CORPORATION By: /s/ Rami Hasani Name: Rami Hasani Title: Executive Vice President, Chief Financial Officer