---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-017340"
form_type: "8-K"
ticker: "FOFA"
cik: "0001871181"
company_name: "FAMILY OFFICE OF AMERICA, INC."
filed_at: "2025-10-08T23:59:59+00:00"
generated_at: "2026-05-17T04:20:39.466656+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Family Office of America acquires accounting service assets from Toone & Associates for $1.5M

## Summary
- Asset Purchase Agreement to buy accounting service assets from Toone & Associates, LLP.
- Total purchase price $1,500,000: $750,000 at closing, $450,000 due Oct 1, 2026, $300,000 due May 1, 2027.
- Price subject to downward adjustment based on 12-month post-closing revenue and EBITDA.
- Acquisition closed on October 3, 2025, with initial payment made.

## SEC filing metadata
- accession: 0001493152-25-017340
- form_type: 8-K
- ticker: FOFA
- cik: 0001871181
- company_name: FAMILY OFFICE OF AMERICA, INC.
- filed_at: 2025-10-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1871181/000149315225017340/0001493152-25-017340-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1871181/000149315225017340/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-017340
- JSON: https://secwatch.observer/filing/0001493152-25-017340.json
- Plain text: https://secwatch.observer/filing/0001493152-25-017340.txt

## Source-grounded claims
- claim_id: f07d21800dbdfa821025c9a8e674f35596a891db
  claim: FAMILY OFFICE OF AMERICA, INC. completed an acquisition involving Toone & Associates, LLP for $1,500,000 (closed 2025-10-03).
  evidence_excerpt: Asset Purchase Agreement (the “ Asset Purchase Agreement ”) with Toone & Associates, LLP to purchase (the “ Acquisition ”) its accounting service assets for a purchase price of $1,500,000, payable $750,000 at closing, $450,000 on October 1, 2026, and $300,000 on May 1, 2027, and subject to downward adjustment based on revenues and EBITDA generated from the purchased
  evidence_url: https://www.sec.gov/Archives/edgar/data/1871181/000149315225017340/0001493152-25-017340-index.htm

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