Company: FOACW
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001628280-25-017061
Chunk: 17

Company: Finance of America Companies Inc.
Filing Date: 2025-04-08
Form: 424B3
Chunk 17
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 the 04 Trust and the Generational Trust is Sonia McKinney. For information regarding material relationships and transactions between us and Mr. Brian Libman and related entities, see “Transactions with Related Persons” in our Definitive Proxy Statement on Schedule 14A filed with the SEC on March 27, 2025, which is incorporated herein by reference.

(26) The identity of these selling stockholders is currently unknown to us. The number of shares of Class A Common Stock included in this column reflects the balance of shares of Class A Common Stock that may be received in exchange for Notes, after adjusting for the shares of Class A Common Stock offered by the selling stockholders that are specifically identified above and assumes that the unnamed holders of the Notes do not beneficially own any other shares of our Class A Common Stock.

Description of Material Relationships and Transactions with Selling Stockholders

The Notes were issued, to certain electing holders of FOA Funding’s 7.875% Senior Notes due 2025 (the “2025 Unsecured Notes”) in connection with the closing on October 31, 2024 of an exchange offer and consent solicitation whereby FOA Funding exchanged $342,622,000 of 2025 Unsecured Notes, representing 97.892% of the aggregate principal amount outstanding of the 2025 Unsecured Notes, for the issuance of (i) $195,783,947 aggregate principal amount of FOA Funding’s new 7.875% Senior Secured Notes due 2026, (ii) $146,793,000 aggregate principal amount of the Notes and (iii) cash consideration of $856,555.

In connection with the issuance of the Notes as part of the exchange offer and consent solicitation, the Company, FOA Funding and U.S. Bank Trust Company, National Association, as trustee, entered into the registration rights agreement, dated as of October 31, 2024 (the “Registration Rights Agreement”), pursuant to which we have agreed to register the shares of Class A Common Stock deliverable upon exchange of the Notes.

The Company has agreed to use its commercially reasonable efforts to (i) cause such shelf registration statement to become effective on or prior to the 180 th day after the date of issuance of the Notes and (ii) keep the shelf registration statement effective to and including the earlier of (a) November 30, 2029 (the maturity date of the Notes) and (b) the date on which (1) there are no longer any Notes outstanding