other material
confidence high
sentiment neutral
materiality 0.30
Finance of America reclassifies Class B Common Stock, updates charter and bylaws
Finance of America Companies Inc.
- Class B Common Stock reclassified so each holder gets shares equal to their FOAEC Class A Units.
- Charter amended to provide exculpation of executive officers under DGCL.
- Bylaws updated with universal proxy rules and enhanced advance notice requirements.
- Third Amended LLC Agreement clarifies transfer restrictions and majority written consent.
- Changes effective July 31, 2026; approved by stockholders and board.