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5/5Finance of America Companies Inc. (FOA): Non-reliance / restatement

Filed 2025-05-15 路 Form 8-K 路 Accession 0001828937-25-000026 micro

Market data

Price before filing: $21.53 (2025-05-14 close, split/dividend-adjusted)
Market cap at flag: $245.8M (2025-05-15) 路 Latest: $87.0M (2026-10-16)

What happened next

WindowFOASPYvs SPY
30 days+2.7%+2.6%+0.1%2025-06-16
90 days+34.0%+10.1%+23.9%2025-08-13
180 days+8.5%+16.9%-8.4%2025-11-11

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As a result, the Current Statements should no longer be relied upon."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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