IPO - F&G Annuities & Life, Inc.

Form Type: 8-K

Filing Date: 2025-03-24

Corporate Action: Ipo

Type: New

Accession Number: 000162828025014510

Filing Summary: On March 24, 2025, F&G Annuities & Life, Inc. completed a public offering of 8,000,000 shares of its common stock, par value $0.001 per share. This offering was executed in conjunction with an underwriting agreement dated March 20, 2025, involving BofA Securities, Inc. and J.P. Morgan Securities LLC as underwriters. These shares were registered under F&G's previous registration statement filed on October 1, 2024. The Underwriters were granted a 30-day option to purchase an additional 1,200,000 shares. A substantial portion of the shares, specifically 4,500,000, is set to be resold to Fidelity National Financial, Inc., which is F&G’s majority stockholder, at the price paid by the Underwriters. The company plans to utilize the net proceeds from the offering for general corporate purposes, including supporting organic growth opportunities.

Form Type: 424B5

Filing Date: 2025-03-21

Corporate Action: Ipo

Type: New

Accession Number: 000162828025014327

Filing Summary: F&G Annuities & Life, Inc. is offering 8,000,000 shares of its common stock in a public offering, with a par value of $0.001 per share. The stock is listed on the NYSE under the symbol 'FG'. The offering includes 3,500,000 shares being sold to the public at a price of $35.00 per share, totaling approximately $122.5 million, and 4,500,000 shares to Fidelity National Financial, Inc. (FNF) at a price of $33.60 per share, totaling approximately $151.2 million. Should FNF complete its purchase, it would own approximately 82% of F&G's outstanding common stock. The underwriters also have the option to purchase an additional 1,200,000 shares within 30 days at the same price. This deal is expected to raise around $268.1 million in net proceeds for general corporate purposes, including supporting growth opportunities. The total number of shares of common stock outstanding after this offering would be 134,773,653, or 135,973,653 if additional shares are purchased by the underwriters. Risks associated with the investment are discussed in detail within the document, along with various non-GAAP financial measures. The expected date for delivery of the shares is March 24, 2025.

Form Type: 424B5

Filing Date: 2025-03-19

Corporate Action: Ipo

Type: New

Accession Number: 000162828025013869

Filing Summary: F&G Annuities & Life, Inc. is offering 8,000,000 shares of common stock at a price of $41.84 per share, as indicated by the last reported sale price on March 18, 2025. Fidelity National Financial, Inc. (FNF) has shown interest in purchasing 4,500,000 of these shares. If FNF proceeds with the purchase, it would hold approximately 82% of the outstanding shares post-offering. The underwriters have been granted an option to purchase up to an additional 1,200,000 shares within 30 days of this prospectus supplement. The net proceeds will be utilized for general corporate purposes. The common stock is listed on the NYSE under the symbol 'FG'.