Form 8-K

8-K — TWO HARBORS INVESTMENT CORP.

Accession: 0001104659-26-080748

Filed: 2026-07-06

Period: 2026-07-02

CIK: 0001465740

SIC: 6798 (REAL ESTATE INVESTMENT TRUSTS)

Item: Submission of Matters to a Vote of Security Holders

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — tm2619671d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2619671d1_ex99-1.htm)

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UNITED STATES

SECURITIES AND

EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13

or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 2, 2026

Two Harbors Investment

Corp.

(Exact name of registrant

as specified in its charter)

Maryland

001-34506

27-0312904

(State or

other jurisdiction of incorporation or

organization)

(Commission File Number)

(IRS Employer Identification No.)

1601 Utica Avenue South, Suite 900

St. Louis Park, MN

55416

(Address of Principal Executive Offices)

(Zip Code)

(612) 453-4100

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address,

if changed since last report)

Check the appropriate box below if the

Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of Each Class:

Trading

Symbol(s)

Name of Exchange on Which

Registered:

Common Stock, par value $0.01 per share

TWO

New York Stock Exchange

8.125% Series A Cumulative Redeemable Preferred Stock

TWO PRA

New York Stock Exchange

7.625% Series B Cumulative Redeemable Preferred Stock

TWO PRB

New York Stock Exchange

7.25% Series C Cumulative Redeemable Preferred Stock

TWO PRC

New York Stock Exchange

9.375% Senior Notes Due 2030

TWOD

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934

(17 CFR §240.12b-2).

Emerging

Growth Company ¨

If an emerging growth company, indicate

by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial

accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.07

Submission of Matters to a Vote of Security Holders.

On July 2, 2026, Two Harbors

Investment Corp. (“TWO”) held a virtual special meeting of TWO’s common stockholders (the “Special Meeting”).

At the Special Meeting, TWO’s common stockholders voted on and approved a proposal (the “CCM Merger Proposal”) to approve

the merger of TWO with CrossCountry Intermediate Holdco, LLC (“CCM”) and CrossCountry Merger Corp., a wholly owned subsidiary

of CCM (“Merger Sub”), pursuant to which TWO will become a wholly owned subsidiary of CCM (the “CCM Merger”),

and the other transactions contemplated by the Agreement and Plan of Merger, dated as of March 27, 2026, by and among TWO, Merger Sub

and CCM (as it may be amended from time to time). Prior to the Special Meeting, the Company delivered a definitive proxy statement (as

thereafter supplemented, the “Proxy Statement”) to its common stockholders describing (i) the Special Meeting, (ii) the CCM

Merger, (iii) the CCM Merger Proposal, (iv) a proposal to approve, on a non-binding advisory basis, the compensation that may be paid

or become payable to TWO’s named executive officers that is based on or otherwise relates to the CCM Merger (the “Non-Binding

Compensation Advisory Proposal”), (v) a proposal to approve any adjournment of the Special Meeting to a later date or dates, if

necessary or appropriate, to permit further solicitation and vote of proxies in the event there are insufficient votes for, or otherwise

in connection with, the approval of the CCM Merger Proposal (the “Adjournment Proposal”) and (vi) related information. The

Proxy Statement was first mailed to TWO common stockholders on or about April 20, 2026, and was thereafter supplemented.

As of the close of business

on April 15, 2026, the record date for the Special Meeting, there were 105,046,333 shares of TWO common stock, par value $0.01 per share,

issued and outstanding and entitled to vote at the Special Meeting. At the Special Meeting, 78,826,302 shares of TWO’s common stock

were represented by proxy or by attending the Special Meeting, representing approximately 75% of TWO’s common stock outstanding

as of the record date, which constituted a quorum to conduct business at the Special Meeting. Virtual attendance at the Special Meeting

constituted presence in person for purposes of satisfying the quorum and voting requirements. The following are the final voting results

tabulated by the independent inspector of elections of the Special Meeting, First Coast Results, Inc., on the CCM Merger Proposal, the

Non-Binding Compensation Advisory Proposal and the Adjournment Proposal, each of which is more fully described in the Proxy Statement.

CCM Merger Proposal.

The number of shares voted “For” or “Against,” as well as abstentions, with respect to the CCM Merger Proposal

presented at the Special Meeting were:

FOR

AGAINST

ABSTAIN

54,297,767

23,570,833

957,703

Non-Binding Compensation

Advisory Proposal. The number of shares voted “For” or “Against,” as well as abstentions, with respect

to the Non-Binding Compensation Advisory Proposal presented at the Special Meeting were:

FOR

AGAINST

ABSTAIN

26,222,281

50,332,251

2,271,771

Adjournment Proposal.

The number of shares voted “For” or “Against,” as well as abstentions, with respect to the Adjournment Proposal

presented at the Special Meeting were:

FOR

AGAINST

ABSTAIN

52,364,007

25,267,395

1,194,901

With respect to the Adjournment

Proposal, although the Adjournment Proposal would have received sufficient votes to be approved, no motion was made because the adjournment

of the Special Meeting was determined not to be necessary or appropriate.

Because each of the CCM Merger

Proposal, the Non-Binding Compensation Advisory Proposal and the Adjournment Proposal were “non-routine” under applicable

rules of the New York Stock Exchange, brokers, banks and other nominees who hold shares of TWO’s common stock in “street name”

for their customers did not have discretionary authority to vote on any such proposals and were not able to vote on any such proposals

absent instructions from the beneficial owner. Accordingly, there were not any broker non-votes at the Special Meeting.

Item 8.01

Other Events.

On July 2, 2026, TWO issued

a press release announcing the results of the Special Meeting. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated

herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press Release, dated July 2, 2026

104

Cover Page Interactive Data File, formatted in Inline XBRL

FORWARD-LOOKING STATEMENTS

This report on Form 8-K may

contain “forward-looking statements,” including certain plans, expectations, goals, projections and statements about the proposed

CCM Merger, TWO’s and CCM’s plans, objectives, expectations and intentions, the expected timing of completion of the proposed

CCM Merger, the ability of the parties to complete the proposed CCM Merger considering the various closing conditions, and other statements

that are not historical facts. Such statements are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe

historical or current facts, including statements about beliefs and expectations, are forward-looking statements. The forward-looking

statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, as amended, and Section

21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other

than statements of historical fact, included in this report on Form 8-K that address activities, events or developments that TWO or CCM

expects, believes or anticipates will or may occur in the future are forward-looking statements. Words such as “project,”

“predict,” “believe,” “expect,” “anticipate,” “potential,” “create,”

“estimate,” “plan,” “continue,” “intend,” “could,” “foresee,”

“should,” “would,” “may,” “will,” “guidance,” “look,” “outlook,”

“goal,” “future,” “assume,” “forecast,” “build,” “focus,” “work,”

or the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion

of future plans, actions, or events identify forward-looking statements. However, the absence of these words does not mean that the statements

are not forward-looking. Projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect

actual results. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that

are difficult to predict. TWO’s ability to predict results or the actual effect of future events, actions, plans or strategies is

inherently uncertain. Although TWO believes the expectations reflected in any forward-looking statements are based on reasonable assumptions,

it can give no assurance that its expectations will be attained and therefore, actual outcomes and results may differ materially from

what is expressed or forecasted in such forward-looking statements.

There are a number of risks

and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this report on

Form 8-K. These include, among other things: the expected timing and likelihood of completion of the proposed CCM Merger; the occurrence

of any event, change or other circumstances that could give rise to the termination of the proposed CCM Merger; the potential failure

to receive, on a timely basis or otherwise, the required approvals of the proposed CCM Merger, and the potential failure to satisfy the

other conditions to the consummation of the proposed CCM Merger in a timely manner or at all; risks related to disruption of management’s

attention from ongoing business operations due to the proposed CCM Merger; the risk that any announcements relating to the proposed CCM

Merger could have adverse effects on the market price of TWO common stock; the outcome of any legal proceedings relating to the proposed

CCM Merger, including stockholder litigation in connection with the proposed CCM Merger; and that TWO may be adversely affected by other

economic, business or competitive factors. All such factors are difficult to predict and are beyond the control of TWO and CCM, including

those detailed in TWO’s annual reports on Form 10-K, quarterly reports on Form 10-Q and periodic reports on Form 8-K that are available

on TWO’s website at www.twoinv.com/investors and on the Securities and Exchange Commission’s website at www.sec.gov.

Each of the forward-looking

statements of TWO is based on assumptions that TWO believes to be reasonable but that may not prove to be accurate. Any forward-looking

statement speaks only as of the date on which such statement is made, and TWO does not undertake any obligation to correct or update any

forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers

are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

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.

TWO HARBORS INVESTMENT CORP.

By:

/s/ Rebecca B. Sandberg

Rebecca B. Sandberg

Chief Legal Officer and Secretary

Date: July 6, 2026

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2619671d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

TWO Stockholders Approve

CrossCountry Merger

TWO Common Stockholders to Receive $12.00

Per Share in Cash, Plus Pro-Rated Stub Dividend

New York, July 2, 2026 – TWO

(Two Harbors Investment Corp., NYSE: TWO), an MSR-focused REIT, today announced, based on the preliminary vote count, that its common

stockholders voted to approve the previously announced merger with CrossCountry Mortgage, LLC (“CCM”) at the reconvened Special

Meeting of Stockholders held on July 2, 2026. The voting results described above are preliminary and remain subject to final certification

by the independent inspector of elections. TWO intends to report the final, certified voting results in a Current Report on Form 8-K

to be filed with the U.S. Securities and Exchange Commission.

Under the terms of the Agreement and Plan of Merger,

dated March 27, 2026, as amended (the “CCM Merger Agreement”), CrossCountry Merger Corp., a wholly owned subsidiary of CCM,

will merge with and into TWO, with TWO surviving the merger as a wholly owned subsidiary of CCM.

Transaction Consideration

Pursuant to the CCM Merger Agreement, at the effective

time of the CCM transaction, each outstanding share of TWO common stock, par value $0.01 per share, will be converted into the right to

receive $12.00 per share in cash, without interest. In addition, TWO common stockholders will receive a pro-rated stub dividend for the

portion of the quarter in which the closing occurs, calculated based on TWO’s most recent quarterly dividend and the number of days

elapsed in the quarter through and including the day prior to closing. Holders of TWO’s Series A, Series B and Series C preferred

stock will have their shares redeemed following the closing of the CCM transaction at $25.00 per share, plus any accumulated and unpaid

dividends, in accordance with the terms of the preferred stock.

Closing and Next Steps

The CCM transaction continues to advance toward

closing. On May 21, 2026, the parties received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements

Act of 1976, as amended, clearing the transaction from a federal antitrust perspective. In addition, 48 of the 53 required state regulatory

and agency approvals have been received. Completion of the CCM transaction remains subject to the satisfaction of other customary closing

conditions, including the receipt of the remaining state regulatory and agency approvals. The CCM transaction is expected to close in

August 2026, subject to the satisfaction of these remaining closing conditions.

Advisors

Houlihan Lokey Capital, Inc. is serving as financial

advisor and PJT Partners is serving as strategic advisor to TWO. Jones Day is serving as legal counsel and D.F. King & Co., Inc. is

serving as proxy solicitor to TWO. Citi is acting as exclusive financial advisor and Simpson Thacher & Bartlett LLP is acting as legal

counsel to CCM. Innisfree is acting as proxy advisor to CCM.

About TWO

TWO (Two Harbors Investment Corp., NYSE: TWO),

a Maryland corporation, is a real estate investment trust that invests in mortgage servicing rights, residential mortgage-backed securities

and other financial assets. TWO is headquartered in St. Louis Park, MN.

About CCM

CrossCountry Mortgage is the nation’s number

one distributed retail mortgage lender with more than 9,000 employees operating over 1,000 branches and servicing loans across all 50

states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America’s fastest-growing private

businesses and has received many awards for our standout culture. We offer more than 120 mortgage purchase, refinance and home equity

solutions – ranging from conventional and jumbo mortgages to government-insured programs from FHA and programs for Veterans and

rural homebuyers – and we are a direct lender and approved seller and servicer by Freddie Mac, Fannie Mae, and Ginnie Mae NMLS #3029.

Through our dedication to getting it done, we make every mortgage feel like a win. For more information, visit crosscountrymortgage.com

FORWARD-LOOKING STATEMENTS

This press release may contain “forward-looking statements,”

including certain plans, expectations, goals, projections and statements about the CCM transaction, TWO’s and CCM’s plans,

objectives, expectations and intentions, the expected timing of completion of the CCM transaction, the ability of the parties to complete

the CCM transaction considering the various closing conditions, and other statements that are not historical facts. Such statements are

subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements

about beliefs and expectations, are forward-looking statements. The forward-looking statements are intended to be subject to the safe

harbor provided by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended,

and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this press

release that address activities, events or developments that TWO or CCM expects, believes or anticipates will or may occur in the future

are forward-looking statements. Words such as “project,” “predict,” “believe,” “expect,”

“anticipate,” “potential,” “create,” “estimate,” “plan,” “continue,”

“intend,” “could,” “foresee,” “should,” “would,” “may,” “will,”

“guidance,” “look,” “outlook,” “goal,” “future,” “assume,” “forecast,”

“build,” “focus,” “work,” or the negative of such terms or other variations thereof and words and

terms of similar substance used in connection with any discussion of future plans, actions, or events identify forward-looking statements.

However, the absence of these words does not mean that the statements are not forward-looking. Projected and estimated numbers are used

for illustrative purposes only, are not forecasts and may not reflect actual results. These statements are not guarantees of future performance

and involve certain risks, uncertainties and assumptions that are difficult to predict. TWO’s ability to predict results or the

actual effect of future events, actions, plans or strategies is inherently uncertain. Although TWO believes the expectations reflected

in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained

and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.

There are a number of risks and uncertainties that could cause

actual results to differ materially from the forward-looking statements included in this press release. These include, among other

things: the expected timing and likelihood of completion of the CCM transaction; the occurrence of any event, change or other

circumstances that could give rise to the termination of the CCM transaction; the potential failure to receive, on a timely basis or

otherwise, the required approvals for the CCM transaction, and the potential failure to satisfy the other conditions to the

consummation of the CCM transaction in a timely manner or at all; risks related to disruption of management’s attention from

ongoing business operations due to the CCM transaction; the risk that any announcements relating to the CCM transaction could have

adverse effects on the market price of TWO common stock; the outcome of any legal proceedings relating to the CCM transaction,

including stockholder litigation in connection with the CCM transaction; and that TWO may be adversely affected by other economic,

business or competitive factors. All such factors are difficult to predict and are beyond the control of TWO and CCM, including

those detailed in TWO’s annual reports on Form 10-K, quarterly reports on Form 10-Q and periodic reports on Form 8-K that are

available on TWO’s website at www.twoinv.com/investors and on the SEC’s website at www.sec.gov.

Each of the forward-looking statements of TWO is based on assumptions

that TWO believes to be reasonable but that may not prove to be accurate. Any forward-looking statement speaks only as of the date on

which such statement is made, and TWO does not undertake any obligation to correct or update any forward-looking statement, whether as

a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue

reliance on these forward-looking statements that speak only as of the date hereof.

Contact

TWO Investor Relations

investors@twoinv.com

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Jul. 02, 2026

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Securities Act

-Number 230

-Section 425

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