{"schema_version":"secwatch.filing_event.v1","accession":"0001828937-23-000080","form_type":"8-K","ticker":"FOA","cik":"0001828937","company_name":"Finance of America Companies Inc.","filed_at":"2023-07-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.539123+00:00","generated_at":"2026-06-13T12:08:17.132305+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Finance of America completes sale of Incenter title insurance business for ~$92.6M cash","bullets":["Sold Agents National Title (ANTIC) and Boston National Holdings (BNT) to Essent US Holdings (Essent Group).","Cash consideration of ~$92.6M, adjusted from $100M base purchase price per Securities Purchase Agreement.","Transaction closed on July 1, 2023; CEO stated it supports long-term retirement-focused strategy.","Pro forma financials filed showing discontinued operations classification for the sold entities.","Assets of discontinued operations were $151.5M as of March 31, 2023; liabilities $66.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0001828937-23-000080","json":"https://secwatch.observer/filing/0001828937-23-000080.json","markdown":"https://secwatch.observer/filing/0001828937-23-000080.md","text":"https://secwatch.observer/filing/0001828937-23-000080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828937/000182893723000080/0001828937-23-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828937/000182893723000080/foa-20230701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T12:08:17.132305+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9fa8b3093c9924469ff15f5ed2b834475c74e75","claim":"Finance of America Companies Inc. completed a disposition involving Essent US Holdings, Inc. for approximately $92.6 million in cash (closed 2023-07-01).","evidence_excerpt":"the Securities Purchase Agreement, in consideration for the capital stock and membership interests sold thereunder, on the Closing Date, the Buyer paid to Incenter approximately $92.6 million in cash, which is the base purchase price of $100.0 million adjusted at Closing in accordance with the provisions of the Securities Purchase Agreement. The purchase price is","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828937/000182893723000080/0001828937-23-000080-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Essent US Holdings, Inc."},{"label":"Consideration","value":"approximately $92.6 million in cash"},{"label":"Closing","value":"2023-07-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}