Company: AOMN
Filing Date: 2025-05-16
Form Type: 424B5
Source: 0001104659-25-050029
Chunk: 0

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-05-16
Form: 424B5
Chunk 0
---
TABLE OF CONTENTS

Filed Pursuant to Rule 424(b)(5) Registration Nos. 333-280531 and 333-280531-01 PROSPECTUS SUPPLEMENT
(To prospectus dated July 9, 2024) $40,000,000 Angel Oak Mortgage REIT, Inc. 9.750% Senior Notes due 2030 fully and unconditionally guaranteed by Angel Oak Mortgage Operating Partnership, LP We are offering $40,000,000 principal amount of our 9.750% senior notes due 2030 (the “notes”). The notes will bear interest at a rate of 9.750% per year, payable quarterly in arrears on March 1, June 1, September 1 and December 1 of each year, beginning on September 1, 2025. The notes will be issued in minimum denominations of $25 and integral multiples of $25 in excess thereof and will mature on June 1, 2030, unless earlier redeemed. On or after June 1, 2027, we may redeem for cash all or any portion of the notes, at our option, at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No “sinking fund” will be provided for the notes. Upon a Change of Control Repurchase Event (as defined under “Description of the Notes — Offer to Repurchase Upon a Change of Control Repurchase Event” in this prospectus supplement), we will be required to make an offer to repurchase all outstanding notes at a price in cash equal to 101% of the principal amount of the notes, plus accrued and unpaid interest to, but excluding, the repurchase date. See “Description of the Notes — Offer to Repurchase Upon a Change of Control Repurchase Event” in this prospectus supplement. The notes will be our senior direct unsecured obligations. The notes will: rank equal in right of payment to any of our existing and future unsecured and unsubordinated indebtedness; be effectively subordinated in right of payment to any of our existing and future secured indebtedness to the extent of the value of the assets securing such indebtedness; and be structurally subordinated to all existing and future indebtedness and other liabilities (including trade payables) and (to the extent not held by us) preferred stock, if any, of our subsidiaries other than the Guarantor (as defined below