UWM Holdings Corp 8-K, filed Mar 14, 2023
UWM Holdings Corp (UWMC)
8-K
2023-03-14
For: 2023-03-14
View Original
Added on
April 07, 2026
About this 8-K
UWM Holdings Corp filed this 8-K on March 14, 2023.
Items reported
- Item 7.01: Regulation FD disclosure
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 14, 2023
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Item 7.01 Regulation FD
In light of recent market events, including the recent Federal Deposit Insurance Corporation actions and the concerns about financial market volatility, UWM Holdings Corporation (the “Company”) made certain disclosures regarding the Company’s financial exposures, including that (i) the Company does not hold cash deposits or securities or maintain any accounts at Silicon Valley Bank, Silvergate Bank or Signature Bank, (ii) the Company has no other business relationships with Silicon Valley Bank, Silvergate Bank or Signature Bank, (iii) substantially all of the Company’s corporate cash accounts are held with large global money center banks and (iv) approximately 90% of the Company’s $9.3 billion warehouse line capacity is with large global money center banks or their affiliates.
The information furnished pursuant to Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
| UWM HOLDINGS CORPORATION | |||||
| By: | /s/ Andrew Hubacker | ||||
| Name: | Andrew Hubacker | ||||
| Title: | Executive Vice President, Chief Financial Officer and Chief Accounting Officer (Principal Financial Officer) | ||||
Date: March 14, 2023