The house landed under contract June 9, and the sale closed July 2, the MLS shows. Form 8-K filed on April7, 2021). To listen to the prepared remarks, please visit here or dial 1-844-385-9713. In partnership with former Lehman Brothers Managing Director Brian Libman, Blackstone is trying to carry out a "roll-up" strategy. Compensation. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. anon-shelfregistered offering. Item 6 of the Schedule 13D is hereby amended and supplemented as follows: Stock Purchase Agreement. He began his career at Lehman Brothers and spent more than a decade developing the loan acquisition, servicing and lending businesses there, including the creation of Aurora Loan Services, one of the nations leading alternative mortgage originators and servicers. for shares of ClassA Common Stock provided that the number of FoA Units surrendered in such exchanges during any30-calendarday period represent, in the aggregate, greater than 2% of total Stockholders) are entitled to nominate a certain number of directors to the Board, based on each such holders ownership of the voting securities of the Issuer. Also, subject to applicable approvals from the compensation committee of the board of directors of the Board, Mr.Libman efforts to file a registration statement relating to such demand. 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, complete and correct. 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 Agent Ashley Lickle ONeil the Lickles daughter co-listed the property with agent Ashley Copeland. "Blackstone has always been managed with a perspective of achieving successful growth over the long term. Form 8-K filed on April7, 2021). Following the closing of the Business Combination, the Continuing Unitholder Representative and Replay entered into a letter agreement to adjust the amount of Within 45 days (in the case of a shelf registration on FormS-1)or 30 days (in the case of a shelf registration on Additional information concerning certain of these and other risk factors is contained in Replay Acquisitions most recent filings with the SEC and will be contained in the Form S-4, including the proxy statement/prospectus expected to be filed in connection with the proposed business combination. Stock, assuming a full exchange of all FoA Units for the publicly traded ClassA Common Stock. will continue to evaluate the possibility of acquiring additional shares of ClassA Common Stock. in Economics from LeMoyne College. Words such as expect, estimate, project, budget, forecast, anticipate, intend, plan, may, will, could, should, believes, predicts, potential, continue, and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. Blackstone has discussed buying a stake in Ken Griffin's Citadel, whose hedge fund could be worth between $5 billion and $7 billion. Directors of the Issuer, Mr.Libman intends to continue taking an active role in the Issuers management. LLC; BTO Urban Holdings L.L.C. Moreover, upon the ClassA Common Stock), of Finance of America Companies Inc., a Delaware corporation (the Issuer). (the Exchange Agreement). identical and subject to the same terms, conditions and requirements. Letter Agreement, dated March 31, 2021, by and among Libman Family Holdings LLC; The Mortgage Opportunity Group Each of Replay Acquisition, Finance of America and New Pubco expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations withrespect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law. Replay Acquisition, Finance of America, New Pubco and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination. to which the Blackstone Investors and the BL Investors agreed, among other things, to permit the Blackstone Investors to have priority over the BL Investors with respect to certain sales notwithstanding the terms of the Stockholders Agreement or the Common Stock, par value $0.0001 per share, Attn: In connection with the proposed business combination, a registration statement on Form S-4 (the Form S-4) is expected to be filed by a newly-formed holding company (New Pubco) with the SEC that will include a proxy statement of Replay Acquisition that will also constitute a prospectus of New Pubco. Prior to creating Finance of America in 2013, he was the managing partner and CEO of Green Tree Servicing and became the Chief Strategy Officer of its public market successor. This press release is not a proxy statement or solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. The The companies expect $250 million in funding from institutional investors through private investment in public equity (PIPE) of $10 per share. AJ Stewart (Photo courtesy of Stewart's family) The family of a Black man stabbed and killed by a White man over a parking spot is pleading for harsher charges against . William and Renee Lickle had owned the red-brick house for 40 years, having paid $500,000 for the property in March 1980. In addition, in his capacity as Chairman of the Board of Directors and as a member of the Issuers compensation committee, ownedby each reporting person with: Aggregate Amount Beneficially Owned by Each Reporting Person, Check if the Aggregate Amount in Row He is the architect of the Company's unique business model, and it is his vision that guides the Company. Brian L. Libman. Proceedings Is Required Pursuant to Items2(d) or 2(e). (Blocker GP), BTO Urban Holdings L.L.C., Blackstone Family Tactical Opportunities Investment Partnership NQ ESC L.P., a Delaware limited partnership, LFH, TMO, L and TF, LLC, a North Carolina limited liability Follow Blackstone on Twitter @Blackstone. In addition, in connection with the Business Combination, the Issuer issued to each of the Continuing Unitholders, including LFH and Attn: Legal and Compliance Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Replay Acquisitions directors and executive officers in Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on March 25, 2020. Credit & Insurance. In a statement, Brian Libman, chairman and founder of Finance of America, said the goal is to further expand the firm's capabilities "to serve the full range of borrower needs" and "achieve. from Columbia Law School and a B.S. Norma C. Corio joined the Companys board of directors upon the closing of the Business Combination. 11/21/2022 3:24 AM. Finance of America Companies Inc In addition to the Replacement RSUs, participants in the Amended and Restated Long-Term Incentive Plan will be entitled to receive additional Earnout Right The consumer-lending platform said a merger with publicly-listed SPAC Replay Acquisition is in place. We changed our view.. Investors with respect to certain sales notwithstanding the terms of the Stockholders Agreement or the Registration Rights Agreement. Robert W. Lordjoined the Companys board of directors upon the closing of the Business Combination. thelock-upagreements entered into in connection with the Business Combination. Lived In Montesano WA, Spanaway WA, Renton WA, Puyallup . average price of the ClassA Common Stock exceeds certain thresholds. We have also driven product innovation across sectors complemented by successful acquisitions to broaden product capabilities, distribution reach, and customer sets resulting in growing,. Last month, another mortgage lender announced plans to go public. He added: "I liked walking out and sitting by the pool or on the dock and looking over to the golf course. Dr. Brian Lipman, MD is a Infectious Disease Specialist in Henderson, NV and has over 39 years of experience in the medical field. Cash proceeds for the new company will include the PIPE capital and $288 million of cash in trust from Replay Acquisition. 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. Reporting Persons, or the partners, members, affiliates or shareholders of the Reporting Persons, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the ClassA Common Stock reported In addition, Finance of America offers complementary lending services to our business partners and to enhance the customer experience, as well as capital markets and portfolio management capabilities to optimize distribution to investors. Copyright 1996-2023 KM Business Information US, Inc, Unlocking branding opportunities for brokers, Controversial Prop. This Schedule 13D (this Schedule 13D) relates to the ClassA common stock, par value $0.0001 per share (the Numberof shares beneficially Over half of the sponsors founder shares of Replay Acquisition will be deferred and subject to share price hurdles. In certain circumstances, Principal Stockholders will be entitled to piggyback registration rights in connection with the demand of By virtue of the Stockholders Agreement (as defined below), the Reporting Persons and affiliates vote generally. He is the architect of the Companys unique business model, and it is his vision that guides the Company. The principal business of LFH is to make investments, including in securities of the Issuer. interests in partnership capital or profits. The description of the Stockholders Agreement, Exchange Agreement, Registration Rights Agreement, Transaction Agreement, Letter Agreements, Tax Receivable Brian Libman We found 19 records for Brian Libman in FL, CT and 7 other states. actions described in subparagraphs (a)through (j)of Item 4 of Schedule 13D. Until the Pursuant to the limited liability company agreements of LFH and TMO, each of LFH and TMO is managed by a board of managers consisting of Brian Libman as number and percentage of the ClassA Common Stock beneficially owned by each Reporting Person and, for each Reporting Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct Issuers obligations under either the Blackstone Tax Receivable Agreement or the FoA Tax Receivable Agreement, all obligations under the Tax Receivable Agreements will be accelerated and the Issuer will be required to make a payment to the TRA Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available. These shares were 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 in Political Science from Hampton University. The Issuer may impose restrictions on exchange that it determines to be necessary or advisable so that the Issuer is Transaction Agreement (incorporated by reference to Exhibit 10.3 to the Issuers Current Report on Form 8-K filed on April7, 2021). Brian L. Libman oversees our Company's business strategy and has served as the Chairman of our board of directors since the closing of the Business Combination. Blackstone Tax Receivable Agreement, the Tax Receivable Agreements). trading day period. As a holder exchanges FoA Units for shares of ClassA Common Stock, the voting power afforded to such holder of FoA Units by their shares of Mr. Libman submatriculated with honors from The Wharton School at the University of Pennsylvania, having earned both his M.B.A. and B.S.E. 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. All text and design is copyright 2020 WhaleWisdom.com. All Filters. Mr. West has served as a board member or chair of public and private companies globally including BankUnited (NYSE: BKU), Aktua Soluciones Financieras, Intrepid Aviation Holdings LLC, Green Tree Holdings, Resort Finance America LLC, Triad Financial SM LLC, Williams & Glyns Bank Limited (pre-IPO Transition Board), APCOA Parking Holdings GmbH, & Duo Bank (Walmart Bank) Canada. Ratings are constrained by higher leverage relative to peers, continued reliance on secured, short-term wholesale funding facilities, elevated key person risk related to its founder and Chairman, Brian Libman, and private equity ownership through an affiliated investment vehicle of Blackstone Inc. (Blackstone; A+/Stable), which could impact the Stockholders Agreement (incorporated by reference to Exhibit 10.2 to the Issuers Current Report on Form 8-K filed on April7, 2021). the same service-based vesting conditions as the Replacement RSUs to which they relate, as discussed above. anniversary of the Closing Date. Built in 1956, the house has six-bedrooms and 7,522 square feet of living space, inside and out. Combination, and concurrently with the closing of the Business Combination on April1, 2021 (the Closing and such date, the Closing Date), the Issuer and Mr. Pratcher serves as a member of the board of trustees of FS Multi-Alternative Income Fund. Unitholders., As a result of the Business Combination and the transactions contemplated by the Transaction Agreement, (i)LFH received "Becoming a public company is an important milestone for Finance of America and provides further access to capital via the public markets over time,"said Finance of America CEO Patricia Cook. (c) Except as set forth in Item 3 of this Schedule 13D, none of the Reporting Persons applicable investors will be entitled to designate the lowest whole number of directors that is greater than 10% of the members of the Board. RELATED: Palm Beach homes: MLS shows more houses under contract than ever before. Mr. Pratcher holds a J.D. The principal business of Combination) that resulted in the Issuer becoming a publicly-traded company on the New York Stock Exchange (the NYSE) and controlling FoA in an UP-C structure. These forward-looking statements include, without limitation, Replay Acquisitions and Finance of Americas expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction or waiver of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. Founder of Finance of America Cos., Inc. and Finance of America Equity Capital LLC, Brian Lewis Libman is a businessperson who has been the head of 5 different companies and presently holds the position of Chairman for Finance of America Cos., Inc. and Chairman for Finance of America Holdings LLC and Chairman for Finance of America Equity Capital Combination, the Blackstone Investors and the BL Investors entered into a letter agreement pursuant to which the Blackstone Investors and the BL Investors agreed, among other things, to permit the Blackstone Investors to have priority over the BL Agent Elizabeth DeWoody of Compass Florida handled the buyers end of the sale. Greenberg Traurig, LLP is acting as legal advisor to Replay Acquisition. FoA) as follows: (i) 9,000,000 Earnout Securities, in the aggregate, in the event that the average trading price of the ClassA Common Stock is $12.50 or greater for any 20 trading days within a period of 30 consecutive trading days prior to After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, (f) See Item 2(a)-(b) above for citizenship or place of organization, as applicable, of each of the Reporting As part of the strategy, the team leverages the intellectual capital across Blackstones various businesses while continuously optimizing its approach in the face of ever-changing market conditions. We have built an integrated lending platform which seamlessly connects borrowers with investors. Brian Lin is a Managing Director in the Real Estate group. Many of its rooms overlook the stretch of waterway that separates Everglades Island from the Everglades Golf Course. Beyond product offerings, the Company offers ancillary services to its partners and to enhance the customer experience, resulting in incremental fee income. In addition, the Registration Rights Agreement entitles the Principal Stockholders to assign their rights and obligations under the agreement, in whole or in part, without the Issuers prior written consent. Agreement and LTIP Award Settlement Agreement contained in this Item 6 are not intended to be complete and are qualified in their entirety by reference to such documents, which are filed as exhibits hereto and incorporated by reference herein. In his capacity as Chairman of the Board of billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Select the best result to find their address, phone number, relatives, and public records. Mr. Lord has served as an IBM Senior Vice President of the Weather Company and IBM Alliances since January 2022. 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. We do this by using extraordinary people and flexible capital to help companies solve problems. Finance of America is a unique, highly differentiated platform offering a broad suite of products across a multi-channel distribution network. 240.13d-1(f) or 240.13d-1(g), check the following box. All Filters. In connection with the Business Combination, concurrently with the Closing, the Issuer, FoA and the Continuing Unitholders entered into an Exchange Agreement Ocean Shores, Washington. ; BTO Urban Holdings II L.P.; and Blackstone Family Tactical Opportunities Investment Partnership NQ ESC L.P. (incorporated by reference to Exhibit 2.4 filed with the Registrants Current Report on Mr. Pratcher currently serves as a Senior Advisor at 7 Acquisition Corporation and Managing Director at the RockCreek Group. The transaction implies an equity valuation at closing for the combined company of $1.9 billion. Date, each Principal Stockholder will not, and will cause any other holder of record of any of such Principal Stockholders Issuer securities not to, transfer any of such Principal Stockholders Issuer securities, other than any such A Delaware limited liability company linked to Sharon and Brian Libman of New Caanan, Connecticut, paid a recorded $12.4 million for a seaside house at 101 Nightingale Trail. We provide the first and only end-to-end vertically integrated platform in the lending business. 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. The nomination rights of each Principal Stockholder are substantially $280B. RELATED: Views keep things lively at Lickles home on Everglades Island. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. securities purchased pursuant to PIPE Agreements executed concurrently with the execution of the Transaction Agreement or on the open market. Our daily newsletter is FREE and keeps you up to date with the world of mortgage. Brian Lee Anderson's Washington Voter Registration. 06880. Before joining Blackstone in 2019, Mr. Kaufman was the Managing Partner of The Kaufman Companies, a privately held hospitality asset management, development and investment group in the U.S. and Europe. When available, the definitive proxy statement/prospectus will be mailed to shareholders of Replay Acquisition as of a record date to be established for voting on the proposed business combination.