Business Context and Reporting Period
Company: Finance of America Companies Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 7, 2023
Reporting Period: Third quarter ended September 30, 2023
Business Overview: The Company is a Delaware corporation with principal executive offices in Plano, Texas. It reports Class A Common Stock (FOA) and Warrants (FOA.WS) on the New York Stock Exchange.
Key Financial Metrics
This Form 8-K serves as a notification of the issuance of a press release regarding financial results. The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the attached press release (Exhibit 99.1), which is incorporated by reference but not detailed in the body of this document.
Material Changes
The filing does not explicitly detail material changes versus the prior comparable period within the text provided. It references the attached press release for the announcement of third-quarter results, implying that the material changes are disclosed therein.
Guidance, Outlook, and Risks
Management Commentary: The filing notes that the Company issued a press release on November 7, 2023, announcing its financial results for the third quarter. The Chief Executive Officer and Interim Chief Financial Officer, Graham A. Fleming, signed the report.
Legal Disclaimer: The information furnished pursuant to Item 2.02, including the press release, is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section, nor is it incorporated by reference in other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release dated November 7, 2023) for specific Q3 2023 financial figures (revenue, net income, EPS).
- Verify the Company's liquidity position and debt levels as detailed in the attached press release or subsequent 10-Q filing.
- Confirm the status of the Interim Chief Financial Officer role and any related governance changes.
- Check for any forward-looking statements or guidance updates included in the press release referenced in this 8-K.