# FIRST ADVANTAGE CORP (FA) — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_ab812cdf06e3c9e77f02 · retrieved 2026-08-16T21:29:51.651Z

## Overview
First Advantage Corporation is a global software and data company providing comprehensive, end-to-end identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring.

Silver Lake Group investment funds sold 12,500,000 shares of First Advantage Corporation common stock in an underwritten secondary offering at $22.20 per share, with J.P. Morgan Securities LLC as underwriter. The offering closed on August 12, 2026. First Advantage did not sell any shares and received no proceeds; all proceeds went to the Selling Stockholder. The Selling Stockholder agreed to a 30-day lock-up period and will distribute up to 4,200,000 shares to its limited partners at closing, which are not subject to the lock-up.

## Terms
- Counterparty: Silver Lake Group, L.L.C. and its affiliates (SLP Fastball Aggregator, L.P.) · Consideration: cash · Price/share: $22.2

## Key dates
- Announced 2026-08-12

## Timeline
- 2026-08-12 · 8-K (0001193125-26-347130): 8-K - FIRST ADVANTAGE CORP — *First Advantage Corporation is a global software and data company providing comprehensive, end-to-end identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring.* Silver Lake Group investment funds sold 12,500,000 shares of First Advantage Corporation common stock in an underwritten secondary offering at $22.20 per share, with J.P. Morgan Securities LLC as underwriter. The offering closed on August 12, 2026. First Advantage did not sell any shares and received no proceeds; all proceeds went to the Selling Stockholder. The Selling Stockholder agreed to a 30-day lock-up period and will distribute up to 4,200,000 shares to its limited partners at closing, which are not subject to the lock-up.
  https://www.sec.gov/Archives/edgar/data/1210677/0001193125-26-347130.txt

## Citations
- 0001193125-26-347130 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526347130