Company: FOACW
Filing Date: 2025-08-05
Form Type: 8-K
Source: 0001193125-25-172824
Chunk: 4

Company: Finance of America Companies Inc.
Filing Date: 2025-08-05
Form: 8-K
Item: Item 8.01
Chunk 4
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Item 8.01. Other Events.

On August 4, 2025 (following a maturity date extension from August 1, 2025 to August 5, 2025), the Revolving Working Capital Promissory Notes (as amended from time to time, the “ Promissory Notes”) by and between FOA Equity Capital and certain funds affiliated with Blackstone Inc. (“ Blackstone”) and an entity controlled by Brian L. Libman (“ LFH” and together with Blackstone, the “ Lenders”) and guaranteed by the other FOA Parties were repaid and terminated in full in accordance with the terms of the Promissory Notes (the “ Working Capital Notes Termination”). As a result of the Working Capital Notes Termination, the 2026 Notes and the 2029 Exchangeable Notes have a first priority security interest in the collateral securing such Notes.

On August 4, 2025, FOA Reverse entered into an unsecured revolving working capital promissory note (as amended from time to time, the “ LFH Facility”) with LFH, providing for an uncommitted revolving facility for general corporate and working capital purposes of up to $20.0 million, which was fully drawn on such date. The LFH Facility is not guaranteed by any other entity and matures on August 4, 2026. The LFH Facility contains certain covenants and customary events of default.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

  Exhibit      Description                                                                                                                                                                                           
      No.                                                                                                                                                                                                            
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
      4.1      Form of unsecured convertible promissory note (included as Annex A to Exhibit 10.2).                                                                                                                  
     10.1      Repurchase Agreement, dated August 4, 2025, by and among Finance of America Companies Inc., Finance of America Equity Capital LLC, Blackstone Tactical Opportunities Associates – NQ L. L. C., BT...  
     10.2      Form of Convertible Note Purchase Agreement.                                                                                                                                                          
     10.3      Consent Support Agreement, dated as of August 4, 2025, by and among Finance of America Funding LLC, Finance of America Equity Capital LLC, Finance of America Holdings LLC, Incenter LLC, Finance...  
     10.4      First Amendment to Pledge