---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-042835"
form_type: "8-K"
ticker: "FOA"
cik: "0001828937"
company_name: "Finance of America Companies Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:15:02.149420+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Finance of America sells commercial lending operational assets to Roc360 for up to $30M earnout

## Summary
- Sale of FACO operational assets to Roc360 for earnout up to $30M over three years.
- Transaction expected to close in Q1 2023; subject to conditions; can be terminated by June 1, 2023 if not closed.
- FACO's financial assets (loans and securitization assets) not included; will be sold or liquidated separately.
- After closing, FOA will no longer have a reportable Commercial Originations segment; FAM exits business purpose lending.
- Credit Suisse acted as financial advisor to FOA.

## SEC filing metadata
- accession: 0001193125-23-042835
- form_type: 8-K
- ticker: FOA
- cik: 0001828937
- company_name: Finance of America Companies Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828937/000119312523042835/0001193125-23-042835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828937/000119312523042835/d452338d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-042835
- JSON: https://secwatch.observer/filing/0001193125-23-042835.json
- Plain text: https://secwatch.observer/filing/0001193125-23-042835.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.