Family Office of America, Inc. Reports Definitive Agreement & Acquisition
Ticker: FOFA · Form: 8-K · Filed: Oct 8, 2025 · CIK: 1871181
| Field | Detail |
|---|---|
| Company | Family Office Of America, Inc. (FOFA) |
| Form Type | 8-K |
| Filed Date | Oct 8, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1,500,000, $750,000, $450,000, $300,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, acquisition, disposition
TL;DR
FOA just signed a big deal and closed an acquisition/sale. Big moves happening.
AI Summary
Family Office of America, Inc. (formerly Qualis Innovations, Inc.) filed an 8-K on October 8, 2025, reporting a material definitive agreement and the completion of an acquisition or disposition of assets as of October 1, 2025. The company is incorporated in Nevada and its principal executive offices are located in Centennial, Colorado.
Why It Matters
This filing indicates significant corporate activity, including a new material agreement and a completed acquisition or disposition, which could impact the company's future operations and financial performance.
Risk Assessment
Risk Level: medium — The filing reports on a material definitive agreement and completion of an acquisition/disposition, which are significant events that could carry inherent risks and uncertainties.
Key Players & Entities
- Family Office of America, Inc. (company) — Registrant
- Qualis Innovations, Inc. (company) — Former company name
- October 1, 2025 (date) — Date of earliest event reported
- October 8, 2025 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
- Centennial, CO (location) — Principal executive offices
FAQ
What type of material definitive agreement was entered into by Family Office of America, Inc.?
The filing does not specify the nature of the material definitive agreement, only that one was entered into.
What was acquired or disposed of by Family Office of America, Inc.?
The filing states the completion of an acquisition or disposition of assets, but does not provide details on what was acquired or disposed of.
When was the name of the company changed?
The company's name was changed from Qualis Innovations, Inc. to Family Office of America, Inc. on July 6, 2021.
What is the SIC code for Family Office of America, Inc.?
The SIC code listed is 3841, which corresponds to Surgical & Medical Instruments & Apparatus.
What is the fiscal year end for Family Office of America, Inc.?
The fiscal year end for Family Office of America, Inc. is December 31.
Filing Stats: 480 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2025-10-07 17:59:49
Key Financial Figures
- $1,500,000 — service assets for a purchase price of $1,500,000, payable $750,000 at closing, $450,000
- $750,000 — a purchase price of $1,500,000, payable $750,000 at closing, $450,000 on October 1, 2026
- $450,000 — 1,500,000, payable $750,000 at closing, $450,000 on October 1, 2026, and $300,000 on May
- $300,000 — osing, $450,000 on October 1, 2026, and $300,000 on May 1, 2027, and subject to downward
Filing Documents
- form8-k.htm (8-K) — 34KB
- 0001493152-25-017340.txt ( ) — 191KB
- fofa-20251006.xsd (EX-101.SCH) — 3KB
- fofa-20251006_lab.xml (EX-101.LAB) — 33KB
- fofa-20251006_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES 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, thereunto duly authorized. Family Office of America, Inc. Date: October 7, 2025 By: /s/ Patrick Adams Patrick Adams Acting Chief Executive Officer