M&A - Five Point Holdings, LLC

Form Type: 8-K

Filing Date: 2025-06-20

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525143291

Filing Summary: On June 19, 2025, Five Point Holdings, LLC entered into a Contribution and Purchase Agreement with Hearthstone, Inc. and related parties, where Five Point will acquire 75% of the Class A Units in the Hearthstone Venture for $56.25 million. The agreement involves the contribution of Hearthstone's residential asset management business and includes other assets valued at a minimum of $12.5 million. Five Point has obligations related to additional capital contributions, and the agreement includes customary representations, warranties, and transitional arrangements for Hearthstone employees. A press release announcing this agreement was issued on June 20, 2025, and more details are included in the filed documents.