Company: RWT-PA
Filing Date: 2025-08-22
Form Type: 424B5
Source: 0001104659-25-081925
Chunk: 6

Company: REDWOOD TRUST INC
Filing Date: 2025-08-22
Form: 424B5
Chunk 6
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 disruptions on us;

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changes in our investment, financing, and hedging strategies and new risks we may be exposed to if we expand or reorganize;

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our ability to successfully retain or attract key personnel;

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we are dependent on third-party information systems and third-party service providers;

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our exposure to a disruption of our or a third party’s technology infrastructure and systems;

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the impact on our reputation that could result from our actions or omissions or from those of others;

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our failure to maintain appropriate internal controls over financial reporting and disclosure controls and procedures;

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our risk management efforts may not be effective;

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we could be harmed by misconduct or fraud;

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inadvertent errors, system failures or cybersecurity incidents could disrupt our business;

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the impact on our reputation that could result from our actions or omissions or from those of others;

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the impact on our reputation that could result from our actions or omissions or from those of others;

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accounting rules related to certain of our transactions and asset valuations are highly complex and involve significant judgment and assumptions;

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the future realization of our deferred tax assets is uncertain, and the amount of valuation allowance we may apply against our deferred tax assets may change materially in future periods;

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the impact of changes to U.S. federal income tax laws on the U.S. housing market, mortgage finance markets, and our business;

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our failure to comply with applicable laws and regulation, including our ability to obtain or maintain governmental licenses;

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our ability to maintain our status as a REIT for tax purposes;

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limitations imposed on our business due to our REIT status and our status as exempt from registration under the Investment Company Act of 1940;

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our stock may experience price declines, volatility, and poor liquidity, and we may reduce our dividends;

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decisions about raising, managing, and distributing capital;

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dividend distributions and the timing and character of such dividends may change;

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limited number of institutional shareholders own a significant percentage of our common stock; and

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other factors not yet identified, including broad market fluctuations.

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### PROSPECTUS SUPPLEMENT SUMMARY
This summary highlights selected information appearing elsewhere or incorporated by reference in this prospectus supplement and the accompanying prospectus. This summary may not contain all of the information that is important to you and is qualified in its entirety by the more detailed information appearing elsewhere or incorporated by