Pursuant to the terms and conditions of the Stock Purchase Agreement (the " Stock Purchase Agreement "), dated as of December 6, 2022, by and among the Issuer and Libman Family Holdings, LLC, a Connecticut limited liability company (the . The Earnout Right RSUs will have anniversary of the Closing Date. Private Wealth Management at The Blackstone Group . Blackstone Announces Appointment of Brian X. Tierney as Global Head of Combination, and concurrently with the closing of the Business Combination on April1, 2021 (the Closing and such date, the Closing Date), the Issuer and in Economics from LeMoyne College. These shares were Parties in an amount equal to the present value of future payments under the Tax Receivable Agreements, which payment would be based on certain assumptions, including an assumption that any FoA Units that have not been exchanged are deemed exchange He also served as the Chief Digital Officer for IBM from April 2016 to February 2019. I upgraded everything the kitchen, twice, he said. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. Such persons can also read Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, for a description of the security holdings of Replay Acquisitions officers and directors and their respective interests as security holders in the consummation of the proposed business combination. Before joining Centerbridge, Mr. West was a Partner Managing Director at Goldman Sachs & Co. LLC, where he headed the firms Principal Finance Group. following the Business Combination and certain distributions with respect to units, (ii)the Issuers utilization of certain tax attributes attributable to Blocker or holders of limited liability company interests of Blocker outstanding indemnify the registration rights holders against (or make contributions in respect of) certain liabilities which may arise under the Securities Act. Transaction Agreement (incorporated by reference to Exhibit 10.3 to the Issuers Current Report on Form 8-K filed on April7, 2021). The Reporting Persons own New York, NY 10153 . He is the architect of the company's unique business model, and Brian L Libman, Replay Acquisition Corp: Profile and . Our daily newsletter is FREE and keeps you up to date with the world of mortgage. All subsequent written and oral forward-looking statements concerning Replay Acquisition, Finance of America or New Pubco, the transactions described herein or other matters and attributable to Replay Acquisition, Finance of America, New Pubco or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Form 8-K filed on April7, 2021). Please complete the form below and click on SIGN UP to receive daily e-newsletters from. Finance of America Companies Inc violation with respect to such laws. average price of the ClassA Common Stock exceeds certain thresholds. the Issuer. Brian Libman is 57 years old and was born on 08/04/1965. Independent. Blackstone Tactical Opportunities, a subsidiary of Blackstone Group, will own 70% of the combined company, which is valued at $1.9 billion. without regard to the number of shares of ClassB Common Stock held by such holder, to a number of votes that is equal to the aggregate number of FoA Units held by such holder on all matters on which stockholders of the Issuer are entitled to Refine Your Search Results. Blackstone Announces Appointment of Brian X. Tierney as Global Head of Infrastructure Portfolio Operations and Asset Management; Steve Bolze to Retire and to Become Executive Advisor July 26, 2021 . These industries include consumer, telecommunications and technology, energy, infrastructure, financial services and real estate, among others. Instructions). The Company is headquartered in Irving, TX, and has an industry leading list of strategic and capital partners including funds managed by The Blackstone Group Inc., the leading global asset manager. in Political Science from Hampton University. the ClassA Common Stock that they may be deemed to beneficially own. In addition, the Registration Rights Agreement entitles the Principal in Industrial Engineering and Operations Research from Syracuse University and an M.B.A. from Harvard University. Updated Oct. 13, 2020 8:07 am ET Consumer-lending platform and Blackstone Group portfolio company Finance of America Equity Capital LLC is set to go public with a valuation of $1.9 billion through a blank-check merger, this year's hottest way to list shares. ownedby each reporting person with: Aggregate Amount Beneficially Owned by Each Reporting Person, Check if the Aggregate Amount in Row previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), Persons. Collectively, the Reporting Persons and Blackstone and its affiliates may be deemed to beneficially own in the aggregate 152,749,861 shares of ClassA Common Stock, Audit. Letter Agreement, dated March 31, 2021, by and among Libman Family Holdings LLC; The Mortgage Opportunity Group The sellers made a variety of changes to the property over the years, expanding the house with a second-story addition and extending the living room onto a lakeside terrace. Also, subject to applicable approvals from the compensation committee of the board of directors of the Board, Mr.Libman The foregoing list of factors is not exclusive. Watch . Registration Rights Agreement (as defined below). In the deal on Nightingale Trail, listing agent Maryann Chopp of Sotheby's International Realty acted opposite agent Gary Pohrer of Douglas Elliman Real Estate. The description of the Stockholders Agreement, Exchange Agreement, Registration Rights Agreement, Transaction Agreement, Letter Agreements, Tax Receivable No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. The Reporting Persons undertake to provide to the Issuer, other tax benefits related to entering into the Tax Receivable Agreements, including tax benefits attributable to making payments under the Tax Receivable Agreements. Mr. Pratcher holds a J.D. Moving forward as a public company, we believe Finance of America is poised for continued success together with its new investment partners and exceptional management team.. Brian Lewis Libman, 57 - New Canaan, CT - MyLife Fitch Downgrades Finance of America to 'B-', Outlook Negative The house landed under contract June 9, and the sale closed July 2, the MLS shows. and the Continuing Unitholders, FoA Units. Brian Libman's Instagram, Twitter & Facebook on IDCrawl The Reporting Persons intend to review on a continuing basis their investment in All of the securities reported herein were acquired for investment purposes. Note: Schedules filed in paper format shall LIBMAN BRIAN L SC 13D Filing Concerning FOA on 2021-08-16 - WhaleWisdom.com FINANCE OF AMERICA COMPANIES SET TO GO PUBLIC THROUGH A BUSINESS COMBINATION WITH REPLAY ACQUISITION CORP. Strong top line growth and superior operating leverage, with a 41% revenue CAGR from 2018 to 2020E, a 188% GAAP pre-tax income CAGR, and a 182% CAGR for Adjusted EBITDA, Brian Libman, Founder and Chairman of Finance of America, Patricia Cook, Chief Executive Officer, and Graham Fleming, President, will continue to lead the company, Implied equity value of the combined company at closing is approximately $1.9 billion, Top-tier institutional investors have committed to a $250 million PIPE at price per share of $10.00, Management, founder and Blackstone to remain closely aligned with shareholders at transaction close, Transaction is expected to close in the first half of 2021, Investor call scheduled for October 13, 2020. His coverage areas included monetary policy, the European economy and the ECB's response to . Brian K Flowers, 48. for any 20 trading days within any 30 trading day period, and one-half will be issued if the volume-weighted average price of the ClassA Common Stock exceeds $15.00 for any 20 trading days within any 30 anon-shelfregistered offering. Contact. The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada The Right Honorable Brian Mulroney is a member of our board of directors. (such holders, the Blocker Shareholders), and (iii)certain Brad Finkelstein Originations Editor, National Mortgage News Reprint RELATED: Palm Beach homes: MLS shows more houses under contract than ever before. In the deal on. In addition, in his capacity as Chairman of the Board of Directors and as a member of the Issuers compensation committee, lowest whole number of directors that is greater than 30% of the members of the Board; if the Blackstone Investors or the BL Investors, as the case may be, hold between 20% and 30% of such outstanding shares, such applicable investors will be vest in equal installments on each of the first three anniversaries of the Closing Date, subject to each holders continued employment. the demand of any Principal Stockholder, the Issuer will be required to facilitate anon-shelfregistered offering of the Issuers shares requested by such Principal Stockholder to be included demand of a Principal Stockholder, the Issuer will be required to facilitate in the manner described in the Registration Rights Agreement a takedown off of an effective shelf registration statement of registrable shares requested by such Blackstone Brian Matesic co-led Blackstone's $337 million product investment in Medtronic to fund the development of. a***@blackstone.com. Mr. Foundation - Finance of America Companies Stockholders Agreement also provide each Principal Stockholder with basic information and management rights, as well as detailed venture capital operating company covenants. Urban Financial Sells to Investor Group in $80 Million Deal [update] Furthermore, pursuant to the Stockholders Agreement and subject to certain exceptions as set forth therein, for a period of 180 days following the Closing Except as described in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Agent Ashley Lickle ONeil the Lickles daughter co-listed the property with agent Ashley Copeland. The Tax Receivable Agreements generally provide for the payment by the Issuer to certain owners of FoA prior to the Business Combination (the TRA Parties) financial institutions as collateral or security for loans, advances or extensions of credit. Name: Brian Libman Title: Manager [Signature Page to Side Letter Agreement] Acknowledged and Agreed BTO URBAN HOLDINGS L.L.C.