Company: RWT-PA
Filing Date: 2025-11-18
Form Type: 424B5
Source: 0001104659-25-113682
Chunk: 50

Company: REDWOOD TRUST INC
Filing Date: 2025-11-18
Form: 424B5
Chunk 50
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| DESCRIPTION OF RIGHTS TO PURCHASE SHARES OF COMMON OR PREFERRED STOCK | ​ | ​ | ​    | ​ | 19 | ​ | ​ |
| DESCRIPTION OF UNITS                                                  | ​ | ​ | ​    | ​ | 20 | ​ | ​ |
| GLOBAL SECURITIES                                                     | ​ | ​ | ​    | ​ | 21 | ​ | ​ |
| RESTRICTIONS ON OWNERSHIP AND TRANSFER AND REPURCHASE OF SHARES       | ​ | ​ | ​    | ​ | 24 | ​ | ​ |
| CERTAIN PROVISIONS OF MARYLAND LAW AND OF OUR CHARTER AND BYLAWS      | ​ | ​ | ​    | ​ | 26 | ​ | ​ |
| MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS                       | ​ | ​ | ​    | ​ | 29 | ​ | ​ |
| PLAN OF DISTRIBUTION                                                  | ​ | ​ | ​    | ​ | 58 | ​ | ​ |
| VALIDITY OF THE SECURITIES                                            | ​ | ​ | ​    | ​ | 59 | ​ | ​ |
| EXPERTS                                                               | ​ | ​ | ​    | ​ | 59 | ​ | ​ |
| INCORPORATION OF CERTAIN INFORMATION BY REFERENCE                     | ​ | ​ | ​    | ​ | 59 | ​ | ​ |
| WHERE YOU CAN FIND MORE INFORMATION                                   | ​ | ​ | ​    | ​ | 60 | ​ | ​ |

You should rely only on the information contained or incorporated by reference in this prospectus and any accompanying prospectus supplement. We have not authorized anyone else to provide you with different or additional information. We are offering to sell the securities and seeking offers to buy the securities only in jurisdictions where offers and sales are permitted. We have not authorized any dealer or other person to give any information or to make any representation other than those contained or incorporated by reference in this prospectus and any accompanying supplement to this prospectus. You must not rely upon any information or representation not contained or incorporated by reference in this prospectus or any accompanying supplement to this prospectus. This prospectus and any accompanying supplement to this prospectus do not constitute an offer to sell or the solicitation of an offer to buy any securities other than the registered securities to which they relate, nor do this prospectus and any accompanying supplement to this prospectus constitute an offer to sell or the solicitation of an offer to buy securities in