Bloom Retirement Holdings Ups Stake in Finance of America
Ticker: FOACW · Form: SC 13D/A · Filed: Nov 21, 2024 · CIK: 1828937
Sentiment: neutral
Topics: 13D-filing, ownership-change, amendment
TL;DR
Bloom Retirement Holdings just amended their 13D for Finance of America. Big changes coming?
AI Summary
Bloom Retirement Holdings Inc. filed an amendment (No. 3) to its Schedule 13D on November 21, 2024, regarding its holdings in Finance of America Companies Inc. The filing indicates a change in beneficial ownership, with Bloom Retirement Holdings Inc. now holding a significant stake in the company.
Why It Matters
This filing signals a potential shift in control or influence over Finance of America Companies Inc., which could impact its strategic direction and shareholder value.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings like this can indicate activist investor intent or a shift in control, which introduces uncertainty.
Key Players & Entities
- Bloom Retirement Holdings Inc. (company) — Filing entity
- Finance of America Companies Inc. (company) — Subject company
- Reza Jahangiri (person) — Authorized contact for notices
FAQ
What is the specific percentage of Finance of America Companies Inc. stock now beneficially owned by Bloom Retirement Holdings Inc.?
The provided text does not specify the exact percentage of beneficial ownership, only that an amendment to Schedule 13D has been filed.
What was the date of the event that triggered this Schedule 13D amendment?
The date of the event which requires filing of this statement is November 19, 2024.
What is the CUSIP number for Finance of America Companies Inc. Class A Common Stock?
The CUSIP number for Finance of America Companies Inc. Class A Common Stock is 31738L107.
Who is listed as the person authorized to receive notices and communications for this filing?
Reza Jahangiri is listed as the person authorized to receive notices and communications, with an address at 895 Dove Street, Suite 300, Newport Beach, CA 92660.
What was the former name of Finance of America Companies Inc. before any name changes?
The filing mentions a former company name, 'American Advisors Group', with a date of name change as 20090624, but this appears to be related to the filing entity's history, not the subject company.
Filing Stats: 1,331 words · 5 min read · ~4 pages · Grade level 10.2 · Accepted 2024-11-21 18:25:04
Key Financial Figures
- $0.0001 — ares of Class A common stock, par value $0.0001 per share (the “Class A Common St
Filing Documents
- formsc13da.htm (SC 13D/A) — 80KB
- 0001493152-24-047221.txt ( ) — 81KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date : November 21, 2024 Bloom Retirement Holdings Inc. By: /s/ Reza Jahangiri Name: Reza Jahangiri Title: Majority Shareholder /s/ Reza Jahangiri Reza Jahangiri