secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001193125-25-317959
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finance of America raises $50M from Blue Owl via Series A Preferred Stock at 9% dividend
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- Blue Owl invests $50M for 50,000 shares of Series A Convertible Perpetual Preferred at $1,000/share.
- Initial dividend rate 9.0% annually, payable quarterly; increases to 12% after 7 years and up to 16% max.
- Preferred stock ranks senior to common; conversion price initially $35/share with anti-dilution adjustments.
- Company may redeem after 4th anniversary; Blue Owl gets board seat after 7 years if shares outstanding.
- Closing expected on or after December 15, 2025, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000119312525317959/0001193125-25-317959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000119312525317959/d793754d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-317959

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