secwatch.observer — SEC 8-K summary
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Issuer:     Finance of America Companies Inc. (FOA)
CIK:        0001828937
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001828937-24-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finance of America Q3 net income $204M; adjusted EPS $0.67; exchange offer 98% participation
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- Net income from continuing ops $204M ($8.48 basic EPS); adjusted net income $15M ($0.67 adjusted EPS).
- Adjusted EBITDA $32M; fifth consecutive quarter of improved adjusted net performance.
- Book equity $456M (~$20 per fully diluted share) as of Sept 30, 2024.
- Completed reverse stock split on July 25, 2024, regaining NYSE compliance.
- Closed exchange offer on Oct 31, 2024 with ~98% participation from senior unsecured note holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000088/0001828937-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828937/000182893724000088/foa-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001828937-24-000088

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