UWM Announces Launch of Secondary Offering and Concurrent Stock Repurchase

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Nov 16, 2021

UWM Holdings Corporation (NYSE%3AUWMC) (the “Company”) today announced that SFS Holding Corp., (“SFS”) its controlling shareholder, intends to offer for sale in an underwritten secondary offering 50,000,000 shares of the Company’s Class A common stock (the “Class A Common Stock”), pursuant to a registration statement filed by UWM Holdings with the U.S. Securities and Exchange Commission (the “SEC”). No shares are being sold by UWM. SFS will receive all of the proceeds from this offering.