secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001828937-23-000126
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finance of America receives NYSE non-compliance notice for share price below $1.00
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- NYSE notified FOA on Dec 12, 2023 that average closing price was below $1.00 over 30 consecutive trading days as of Dec 11, 2023.
- Company has a six-month cure period to regain compliance; no immediate effect on NYSE listing.
- FOA plans to notify NYSE within 10 business days of intent to cure and is evaluating options.
- Notice does not impact ongoing business operations or SEC reporting requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000182893723000126/0001828937-23-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000182893723000126/foa-20231212.htm
  HTML page:      https://secwatch.observer/filing/0001828937-23-000126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer