Company: FOACW
Filing Date: 2025-05-20
Form Type: 10-K/A
Source: 0001828937-25-000032
Chunk: 222

Company: Finance of America Companies Inc.
Filing Date: 2025-05-20
Form: 10-K/A
Chunk 222
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2024 | 195,784 |     | December 31, 2023 |       — |
|:------------------------------------------------|:----|:-----------------|:----|:--------------|:----|:------------------|--------:|:----|:------------------|--------:|
| Exchangeable Secured Notes                      |     | November 2029    |     | 10.000%       |     |                   | 146,793 |     |                   |       — |
| Working Capital Notes                           |     | May 2025         |     | 15.000%       |     |                   |  85,000 |     |                   |  59,130 |
| 2025 Unsecured Notes                            |     | November 2025    |     | 7.875%        |     |                   |   7,378 |     |                   | 350,000 |
| Fair value adjustment, net of amortization(2)   |     |                  |     |               |     |                   |       — |     |                   |   1,781 |
| Unamortized debt discount and issuance costs(3) |     |                  |     |               |     |                   | -60,444 |     |                   |       — |
| Total notes payable, net                        |     |                  |     |               |     | $                 | 374,511 |     | $                 | 410,911 |

(1) At the election of the Company, the maturity date may be extended to November 2027, as discussed in the Senior Secured Notes section above.

(2) In conjunction with a previous business combination, the Company was required to adjust the liabilities assumed to fair value, resulting in a premium on the 2025 Unsecured Notes and the elimination of the previously recognized debt issuance costs.

(3) In conjunction with the exchange of the 2025 Unsecured Notes and Secured Notes, the Company initially recorded the Secured Notes at fair value, which resulted in a debt discount of $ 56.2million. As of December 31, 2024, the Senior Secured Notes and Exchangeable Secured Notes, respectively, had $ 39.7million and $ 20.7million of unamortized debt discount and issuance costs.

#### 153
| Finance of America Companies Inc.          
 Notes to Consolidated Financial Statements |

Non-funding interest expense consisted of the following (in thousands):

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