M&A - Angel Oak Financial Strategies Income Term Trust

Form Type: 8-K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525069744

Filing Summary: On April 1, 2025, Angel Oak Financial Strategies Income Term Trust announced a strategic partnership with Brookfield Asset Management Ltd., in which Brookfield has agreed to acquire a majority of Angel Oak Companies, LP. This transaction is expected to close by September 30, 2025, and is not anticipated to materially change the day-to-day management of the Fund. However, the completion of the transaction is subject to certain conditions, and there is no assurance that these conditions will be met or that the transaction will close as planned. A change of control of Angel Oak is anticipated if the transaction is successful.

Document Link: View Document