First Foundation Inc. Files 8-K with Key Agreements and Disclosures

Ticker: FFWM · Form: 8-K · Filed: 2024-07-02T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, equity-sale, disclosure, financial-update

Related Tickers: FFWM

TL;DR

FFWM filed an 8-K: material agreement, equity sales, and financial updates. Keep an eye on this.

AI Summary

On July 2, 2024, First Foundation Inc. filed an 8-K report detailing several key events. The company entered into a material definitive agreement, reported unregistered sales of equity securities, and made a Regulation FD disclosure. The filing also included financial statements and exhibits, providing a comprehensive update on the company's recent activities and financial status.

Why It Matters

This 8-K filing signals significant corporate actions by First Foundation Inc., including new agreements and equity transactions, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity securities, which can introduce financial and regulatory risks.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by First Foundation Inc.?

The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.

What type of equity securities were sold unregistered by First Foundation Inc.?

The filing mentions unregistered sales of equity securities, but the specific type and details of these securities are not elaborated in the provided text.

What is the purpose of the Regulation FD disclosure mentioned in the filing?

The filing notes a Regulation FD Disclosure, which is typically made to ensure that material information is broadly disseminated to the public, but the specific content of this disclosure is not detailed here.

When was First Foundation Inc. incorporated, and in which state?

First Foundation Inc. was incorporated in Delaware, as indicated by the filing.

What are the principal executive offices of First Foundation Inc.?

The principal executive offices of First Foundation Inc. are located at 200 Crescent Court, Suite 1400, Dallas, Texas 75201.

From the Filing

0001104659-24-077392.txt : 20240702 0001104659-24-077392.hdr.sgml : 20240702 20240702165201 ACCESSION NUMBER: 0001104659-24-077392 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 32 CONFORMED PERIOD OF REPORT: 20240702 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240702 DATE AS OF CHANGE: 20240702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: First Foundation Inc. CENTRAL INDEX KEY: 0001413837 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36461 FILM NUMBER: 241096482 BUSINESS ADDRESS: STREET 1: 18101 VON KARMAN AVE STREET 2: SUITE 700 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 949-222-2030 MAIL ADDRESS: STREET 1: 18101 VON KARMAN AVE STREET 2: SUITE 700 CITY: IRVINE STATE: CA ZIP: 92612 FORMER COMPANY: FORMER CONFORMED NAME: KELLER FINANCIAL GROUP DATE OF NAME CHANGE: 20071001 8-K 1 tm2418713d1_8k.htm FORM 8-K false 0001413837 0001413837 2024-07-02 2024-07-02 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): July 2, 2024     FIRST FOUNDATION INC. (Exact name of registrant as specified in its charter)   Delaware 001-36461 20-8639702 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number)   200 Crescent Court , Suite 1400     Dallas , Texas   75201 (Address of Principal Executive Offices)   (Zip Code)   ( 469 ) 638-9636 (Registrant’s Telephone Number, Including Area Code)   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:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) x Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ 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 Common Stock   FFWM   New 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 ¨   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 1.01. Entry into a Material Definitive Agreement   Investment Agreements   On July 2, 2024, First Foundation Inc. ( the “Company”) entered into separate investment agreements with (a) an affiliate of Fortress Credit Advisors LLC (“Fortress”), (b) affiliates of Canyon Partners, LLC (“Canyon”), (c) an affiliate of Strategi

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