secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001828937-24-000007
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 sub-$1.00 average share price
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- As of Feb 9, 2024, 30-day average closing price of Class A Common Stock (FOA) fell below $1.00 threshold.
- NYSE notice received Feb 12, 2024; company has six-month cure period to regain compliance.
- No immediate impact on NYSE listing or business operations; company plans to notify NYSE within 10 business days.
- Finance of America is evaluating options to cure the price condition, including potential shareholder-approved actions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000007/0001828937-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000007/foa-20240212.htm
  HTML page:      https://secwatch.observer/filing/0001828937-24-000007

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