Finance of America Companies Sells $50 Million in Series A Preferred Stock to Blue Owl

Reuters12-15 19:25
Finance of America Companies Sells $50 Million in Series A Preferred Stock to <a href="https://laohu8.com/S/OBDE">Blue Owl</a>

Finance of America Companies Inc. has entered into an Investment Agreement with investment funds managed by Blue Owl Alternative Credit Advisors LLC for the private placement of 50,000 shares of Series A Convertible Perpetual Preferred Stock at $1,000 per share, totaling $50 million. The transaction, exempt from SEC registration under Section 4(a)(2) of the Securities Act, is subject to customary closing conditions and will not close before December 15, 2025, without mutual consent. The preferred shares and any common stock issuable upon conversion have not been registered and may not be offered or sold in the United States without registration or an applicable exemption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Finance of America Companies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-317959), on December 15, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment