secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0001828937-24-000069
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finance of America Companies completes 1-for-10 reverse stock split
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- Reverse split effective 5:00 p.m. ET on July 25, 2024; every 10 shares of Class A common converted into 1 share.
- Split-adjusted trading began on NYSE July 26 under same symbol FOA; new CUSIP: 31738L206.
- Number of authorized shares unchanged; proportionate adjustments made to warrants, equity awards, and FoA Units.
- Exercise price of public warrants adjusted to $115 (10x prior).
- No change to Class B common stock or voting percentages, except for fractional share cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000069/0001828937-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000069/foa-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001828937-24-000069

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