Simpson Thacher & Bartlett LLP
900 G STREET, N.W.
WASHINGTON, D.C. 20001
|Direct Dial Number||E-mail Address|
June 17, 2022
Finance of America Companies Inc.
5830 Granite Parkway, Suite 400
Plano, Texas 75024
Ladies and Gentlemen:
We have acted as counsel to Finance of America Companies Inc., a Delaware corporation (the Company), in connection with the Registration Statement on Form S-8 (the Registration Statement) filed by the Company with the Securities and Exchange Commission (the Commission) under the Securities Act of 1933, as amended, relating to the issuance by the Company of up to 21,106,586 shares of Class A Common Stock, $0.01 par value per share, of the Company (the Shares) pursuant to the Finance of America Companies Inc. 2021 Omnibus Incentive Plan (the Plan).
We have examined the Registration Statement, the Amended and Restated Certificate of Incorporation of the Company and the Plan, each of which have been filed with the Commission as exhibits to the Registration Statement. In addition, we have examined, and have relied as to matters of fact upon, originals, or duplicates or certified or conformed copies, of such records, agreements, documents and other instruments and such certificates or comparable documents of public officials and of officers and representatives of the Company and have made such other investigations as we have deemed relevant and necessary in connection with the opinions hereinafter set forth.
In rendering the opinion set forth below, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as duplicates or certified or conformed copies and the authenticity of the originals of such latter documents.
Based upon the foregoing, and subject to the qualifications, assumptions and limitations stated herein, we are of the opinion that upon issuance and delivery in accordance with the Plan, the Shares will be validly issued, fully paid and nonassessable.
We do not express any opinion herein concerning any law other than the Delaware General Corporation Law.
We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement.
|Very truly yours,|
|/s/ Simpson Thacher & Bartlett LLP|
|SIMPSON THACHER & BARTLETT LLP|