secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001828937-24-000058
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE to delist Finance of America warrants over low selling price; company waives appeal
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- NYSE notified FOA on July 2, 2024, and publicly announced July 3, 2024, that it will delist FOA.WS warrants due to 'abnormally low selling price'.
- Trading in warrants suspended immediately; company will not appeal the NYSE determination.
- Delisting of warrants does not affect FOA common stock (symbol FOA) or the planned reverse stock split.
- Warrants are exercisable for one share of Class A common stock at $11.50 per share; no impact on business operations or SEC reporting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000058/0001828937-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000058/foa-20240702.htm
  HTML page:      https://secwatch.observer/filing/0001828937-24-000058

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