Five Point Holdings Not an Emerging Growth Company
Ticker: FPH · Form: 8-K · Filed: Jan 18, 2024 · CIK: 1574197
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, administrative
TL;DR
**Five Point Holdings confirmed it's not an emerging growth company, meaning more regulatory scrutiny.**
AI Summary
Five Point Holdings, LLC filed an 8-K on January 18, 2024, indicating that it is not an emerging growth company. This filing, under Items 2.02 and 9.01, primarily concerns Results of Operations and Financial Condition and Financial Statements and Exhibits. For investors, this means Five Point Holdings is subject to more stringent reporting and disclosure requirements than an emerging growth company, which could impact administrative costs but also provides greater transparency.
Why It Matters
This filing clarifies Five Point Holdings' regulatory status, confirming it is subject to full SEC reporting requirements, which can mean higher compliance costs but also greater investor transparency.
Risk Assessment
Risk Level: low — This filing is purely administrative and informational, confirming a regulatory status rather than announcing a new event with financial risk.
Analyst Insight
Investors should note that Five Point Holdings operates under full SEC reporting requirements, which implies greater transparency and potentially higher compliance costs compared to an emerging growth company. This status is already known and priced in, so no immediate action is required based solely on this administrative filing.
Key Players & Entities
- Five Point Holdings, LLC (company) — the registrant
- January 18, 2024 (date) — date of report and earliest event reported
- Delaware (company) — state of incorporation for Five Point Holdings, LLC
- 001-38088 (company) — Commission File Number for Five Point Holdings, LLC
- 27-0599397 (company) — I.R.S. Employer Identification No. for Five Point Holdings, LLC
- FPH (company) — Trading Symbol for Class A common shares of Five Point Holdings, LLC
- New York Stock Exchange (company) — exchange where Class A common shares of Five Point Holdings, LLC are registered
FAQ
What is the purpose of this 8-K filing by Five Point Holdings, LLC?
This 8-K filing, dated January 18, 2024, primarily serves to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' under Items 2.02 and 9.01, respectively, and to confirm the registrant's status regarding 'emerging growth company' definition.
What is the key regulatory status confirmed by Five Point Holdings, LLC in this filing?
Five Point Holdings, LLC explicitly indicates by an unchecked box that it is NOT an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Where are Five Point Holdings, LLC's Class A common shares traded?
The Class A common shares of Five Point Holdings, LLC, with trading symbol FPH, are registered on the New York Stock Exchange.
What is the business address and phone number of Five Point Holdings, LLC?
The business address for Five Point Holdings, LLC is 2000 FivePoint, 4th Floor, Irvine, California 92618, and their telephone number is (949) 349-1000.
What was the former name of Five Point Holdings, LLC and when did the name change occur?
The former name of Five Point Holdings, LLC was Newhall Holding Company, LLC, and the name change occurred on April 11, 2013 (20130411).
Filing Stats: 425 words · 2 min read · ~1 pages · Grade level 10.3 · Accepted 2024-01-18 16:13:16
Filing Documents
- fph-20240118.htm (8-K) — 26KB
- ex-991xfphx123123x8k.htm (EX-99.1) — 368KB
- 0001574197-24-000014.txt ( ) — 542KB
- fph-20240118.xsd (EX-101.SCH) — 2KB
- fph-20240118_lab.xml (EX-101.LAB) — 24KB
- fph-20240118_pre.xml (EX-101.PRE) — 13KB
- fph-20240118_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 18, 2024, Five Point Holdings, LLC issued a press release announcing its results of operations for the three months and twelve months ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release, dated January 18, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned duly authorized. Date: January 18, 2024 FIVE POINT HOLDINGS, LLC By: /s/ Michael Alvarado Name: Michael Alvarado Title: Chief Legal Officer, Vice President and Secretary