---
schema_version: "secwatch.filing_event.v1"
accession: "0001828937-25-000026"
form_type: "8-K"
ticker: "FOA"
cik: "0001828937"
company_name: "Finance of America Companies Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T05:34:53.914492+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FOA restates cash flow statements; material weakness in internal controls

## Summary
- Audit Committee concluded 2024 annual and Q1 2024 financials should no longer be relied upon due to errors.
- Misclassification of securitization cash flows: understated investing activities by $225–250M, overstated financing by same amount.
- No impact on net income, revenue, operating cash flows, total cash flows, or balance sheet.
- Material weakness identified in internal control over financial reporting; remediation plan to be included in amended 10-K.
- Q1 2025 Form 10-Q delayed; expects to file by May 20, 2025 under SEC grace period.

## SEC filing metadata
- accession: 0001828937-25-000026
- form_type: 8-K
- ticker: FOA
- cik: 0001828937
- company_name: Finance of America Companies Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828937/000182893725000026/0001828937-25-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828937/000182893725000026/foa-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828937-25-000026
- JSON: https://secwatch.observer/filing/0001828937-25-000026.json
- Plain text: https://secwatch.observer/filing/0001828937-25-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.