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(State
or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
i5830 Granite Parkway, iSuite
400
iPlano, iTexasi75024
(Address
of principal executive offices, including zip code)
Registrant's telephone number, including area code: (i877) i202-2666
N/A
(Former name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
i☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
iClass
A common stock, par value $0.0001 per share
iFOA
iNew York Stock Exchange
iWarrants
to purchase shares of Class A Common Stock
iFOA.WS
iNew York Stock Exchange
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
August 10, 2022, Anthony W. Villani, Chief Legal Officer of Finance of America Companies Inc. (the “Company”), provided notice of his retirement from the Company, effective September 1, 2022. Lauren E. Richmond has been appointed as the Company’s Chief Legal Officer and General Counsel, effective September 2, 2022.
Villani Separation Agreement
In connection with his departure, the
Company and Mr. Villani will enter into a separation agreement, which sets forth the terms of Mr. Villani’s separation from the Company (the “Villani Separation Agreement”). Pursuant to the Villani Separation Agreement, which will include a customary mutual release of claims between the Company and Mr.Villani, Mr. Villani will receive a separation payment equal to $700,000.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.