First Advantage and Sterling receive DOJ Second Request; deal closing expected in Q4 2024

FIRST ADVANTAGE CORP

On May 28, 2024, First Advantage and Sterling each received a Second Request from the DOJ under the HSR Act.
The Second Request extends the HSR waiting period until 30 days after substantial compliance, unless terminated sooner.
Closing of the merger is now anticipated in approximately the fourth quarter of 2024.
Parties continue to cooperate with the DOJ to expedite the review process.

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