FIRST ACCEPTANCE CORPORATION (NYSE:FAC) Files An 8-K Other EventsItem 8.01Other Events.
First Acceptance Corporation Begins Trading on OTCQX
On April 9, 2018, First Acceptance Corporation (the “Company”) announced that it began trading on the OTCQX® Best Market. This action follows the completion of the Company’s March 19, 2018 announcement that it would voluntarily delist its common stock from the New York Stock Exchange and deregister its common stock and become a non-reporting Company under the Securities Exchange Act of 1934, as amended.
Section 9 – Financial Statements and Exhibits
Item 9.01Financial Statements and Exhibits.
FIRST ACCEPTANCE CORP /DE/ ExhibitEX-99 2 fac-ex99_6.htm EX-99 fac-ex99_6.htm Exhibit 99 First Acceptance Corporation Begins Trading on OTCQX NASHVILLE,…To view the full exhibit click here
About FIRST ACCEPTANCE CORPORATION (NYSE:FAC)
First Acceptance Corporation is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company operates in two segments: Insurance, and Real estate and corporate. Its insurance operations are engaged in selling non-standard personal automobile insurance products and related products in over 20 states. The real estate and corporate segment consists of the activities related to the disposition of foreclosed real estate held for sale, interest expense associated with all debt and other general corporate overhead expenses. The Company conducts its servicing and underwriting operations in approximately 10 states and is licensed as an insurer in over 10 additional states. It leases and operates approximately 440 retail locations and a call center staffed by employee-agents who primarily sell non-standard personal automobile insurance products underwritten by the Company, as well as certain commissionable ancillary products.