secwatch.observer — SEC 8-K summary
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Issuer:     FIRST ADVANTAGE CORP (FA)
CIK:        0001210677
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0000950170-24-115963
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Advantage sets Oct 24 election deadline, expects Oct 31 close for Sterling acquisition
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- Election deadline 5:00 p.m. ET Oct 24, 2024 for Sterling stockholders to choose cash or stock consideration.
- Merger consideration: $16.73 cash or 0.979 shares of FA common stock per Sterling share, subject to proration (72% cash, 28% stock).
- Parties expect to close transaction on Oct 31, 2024, subject to regulatory clearances and other closing conditions.
- Holders through banks/brokers may face earlier deadlines; eligible holders must use Fidelity election site or deliver materials to Equiniti.
- If no election is made, merger consideration will be determined per proration methodology in the Merger Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1210677/000095017024115963/0000950170-24-115963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1210677/000095017024115963/fa-20241021.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-115963

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