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StocksMediumUpdated•Originally published 3 November 2026•Updated 3 November 2026•
1 min read

Redwood Trust to Convert to C-Corp and Launches Stock Exchange Offer

Key Facts

1Redwood Trust's Board unanimously approved a plan to discontinue its REIT status and convert to a taxable C-corporation.
2The conversion to a C-corporation will be effective for the calendar year ending December 31, 2027.
3The company announced a preferred-for-common stock exchange offer at a premium.

Redwood Trust's Board has unanimously approved a plan to discontinue its REIT status and convert to a taxable C-corporation. Business Wire reported that the conversion will be effective for the calendar year ending December 31, 2027. Additionally, the company announced a preferred-for-common stock exchange offer at a premium.

The structural transition is intended to provide greater operational flexibility and broaden the company's investor base beyond those restricted by REIT tax structures. RWT closed at $3.24 on November 2, 2026, with the stock trading between a low of $3.11 and a high of $3.25 during that session.

Latest Updates · 1

  1. Notable·

    Update: Redwood Trust's board has adopted a tax benefits preservation plan with rights exercisable at $20.00. The plan is designed to protect the company's net operating losses by triggering protections if any shareholder's ownership reaches a 4.9% threshold.

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