Redwood Trust Inc.
09/17/2021 | Press release | Distributed by Public on 09/17/2021 07:01
Material Event (Form 8-K)
Other Events.
On September 14, 2021, Redwood Trust, Inc. (the 'Company') provided a Company update at its Investor Day conference with presentations from Redwood's senior leadership team. Among other information, the Company provided an update with respect to GAAP book value per share, noting a preliminary estimate, as of August 31, 2021, of an increase of approximately 3.5% from GAAP book value per share at June 30, 2021.
The foregoing estimate reflects our preliminary estimate with respect to book value per share through August 31, 2021. This estimate is based on information currently available to management, and may vary from our actual financial results as of and for the quarter ended September 30, 2021. This estimate should not be viewed as a substitute for full interim financial statements prepared in accordance with GAAP, and is not necessarily indicative of the results to be achieved for the quarter ended September 30, 2021 or any future period. While we believe that this preliminary estimate is based on reasonable assumptions and information currently available to us, actual results may vary, and such variations may be material.