Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 216

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 216
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 |   | For the year ended December 31, 2023 |
|:------------------------------------------------------------------------|:----|:--|-------------------------------------:|:----|:--|-------------------------------------:|
| Cash paid for amounts included in the measurement of lease liabilities: |     |   |                                      |     |   |                                      |
| Operating cash flows from operating leases                              |     | $ |                                5,796 |     | $ |                                6,297 |
| Leased assets obtained in exchange for new operating lease liabilities  |     |   |                                1,322 |     |   |                                  388 |

The following table presents a maturity analysis of operating leases and a reconciliation of the undiscounted cash flows to lease liabilities as of December 31, 2024 (in thousands):

| Year Ending December 31,            
 2025                                |     | Amount |  5,312 |
|:------------------------------------|:----|:-------|-------:|
| 2026                                |     |        |  5,149 |
| 2027                                |     |        |  4,814 |
| 2028                                |     |        |  3,505 |
| 2029                                |     |        |  3,278 |
| Thereafter                          |     |        | 14,863 |
| Total undiscounted lease payments   |     |        | 36,921 |
| Less: Amounts representing interest |     |        | -8,447 |
| Total lease liabilities             |     | $      | 28,474 |

#### 150
| Finance of America Companies Inc.          
 Notes to Consolidated Financial Statements |

17. Notes Payable, Net

Senior Notes

Exchange

On November 5, 2020, FOAF issued $ 350million aggregate principal amount of senior unsecured notes due November 15, 2025 (the “2025 Unsecured Notes”). On October 31, 2024 (the “Issue Date”), FOAF completed an exchange with certain existing noteholders of the 2025 Unsecured Notes. Existing noteholders, representing 97.892% of the aggregate principal amount outstanding of the 2025 Unsecured Notes, exchanged their respective 2025 Unsecured Notes in consideration for (i) the issuance of (a) $ 195,783,947of FOAF’s new 7.875% Senior Secured Notes due November 30, 2026