Company: RWT-PA
Filing Date: 2025-01-17
Form Type: 8-K
Source: 0001104659-25-004470
Chunk: 4

Company: REDWOOD TRUST INC
Filing Date: 2025-01-17
Form: 8-K
Item: Item 8.01
Chunk 4
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Item 8.01      Other Events.  

On January 15, 2025, the Company entered into
the Underwriting Agreement with Morgan Stanley, Goldman, RBC, Wells Fargo, KBW and Piper Sandler, as representatives of the several underwriters
named therein (collectively, the “ Underwriters”). Subject to the terms and conditions of the Underwriting Agreement, the Company
agreed to sell to the Underwriters, and the Underwriters agreed to purchase from the Company, $90,000,000 aggregate principal amount of
the Notes. In connection with the Offering, the Company granted the Underwriters a 30-day option to purchase up to an additional $13,500,000
aggregate principal amount of Notes, to cover solely over-allotments. Pursuant to the terms of the Underwriting Agreement, the parties
have agreed to indemnify each other against certain liabilities, including liabilities under the Act.

A copy of the Underwriting Agreement is filed
as Exhibit 1.1 to this Current Report.

Attached as Exhibit 5.1 to this Current Report
is a copy of the opinion of Latham & Watkins LLP relating to the validity of the Notes sold in the Offering. Attached as Exhibit 5.2
to this Current Report is a copy of the opinion of Venable LLP regarding certain Maryland law issues.