Company: AOMN
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001104659-25-050029
Chunk: 11

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 11
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 Notes — Events of Default” in this prospectus supplement.

Book-entry only form

The notes will be issued in book-entry form and will be represented by one or more permanent global certificates deposited with, or on behalf of, The Depository Trust Company (“DTC”), and registered in the name of a nominee of DTC. Beneficial interests in any of the notes will be shown on, and transfers will be effected only through, records maintained by DTC or its nominee, and any such interest may not be exchanged for certificated notes, except in limited circumstances.

Denomination

We will issue the notes only in minimum denominations of $25 and integral multiples of $25 in excess thereof.

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TABLE OF CONTENTS

Listing

We intend to apply to list the notes on the NYSE under the symbol “AOMD” and expect trading of the notes to commence thereon within 30 days after the original issue date. Currently, there is no public market for the notes and it is not expected that a market for the notes will develop unless and until the notes are listed on the NYSE.

Trustee and paying agent

U.S. Bank Trust Company, National Association

Governing law

The indenture, the notes and the guarantee will be governed by the laws of the State of New York. The indenture will be subject to the provisions of the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”).

U.S. federal income tax considerations

For certain material U.S. federal income tax considerations relating to the purchase, ownership and disposition of the notes, see “Additional U.S. Federal Income Tax Considerations” in this prospectus supplement.

Use of proceeds

We estimate that the net proceeds from this offering will be approximately $38,240,000 (or approximately $44,051,000 if the underwriters exercise their over-allotment option to purchase additional notes in full) after deducting the underwriting discount and estimated offering expenses payable by us.

We intend to use the net proceeds from this offering for general corporate purposes, which may include the acquisition of non-QM loans and other target assets primarily sourced from Angel Oak Mortgage Lending or other target assets through the secondary market in a manner consistent with our strategy and investment guidelines. See “Use of Proceeds.”

Risk factors

See “Risk Factors” beginning on page S-8 of this prospectus supplement and in the reports we file with the