First Advantage Corporation filed a Current Report on Form 8-K announcing the closing of an underwritten secondary offering of its common stock. The transaction involved the sale of 12,500,000 shares by Silver Lake Group, L.L.C. and its affiliates at a public price of $22.20 per share. J.P. Morgan Securities LLC acted as the underwriter for the offering, which closed on August 12, 2026. First Advantage did not sell any shares in this transaction and will not receive any proceeds from the sale; all proceeds were retained by the Selling Stockholder. The company operates in the global software and data industry, providing identity solutions, background screening, and risk monitoring services.

First Advantage Corporation reported second quarter 2026 financial results for the period ended June 30, 2026. Revenues reached $448.8 million, representing 14.9% year-over-year growth. The company posted net income of $16.9 million and adjusted diluted earnings per share of $0.35. Management raised full year 2026 guidance for revenues to a range of $1.67 billion to $1.71 billion and adjusted EBITDA to $472 million to $486 million. Additionally, the Board appointed Sharon Binger as an independent Class I director effective August 6, 2026, increasing board size to nine members at the request of major shareholder Silver Lake. First Advantage Corporation operates in the background screening and identity verification industry.

First Advantage Corporation held its 2026 Annual Meeting of Stockholders on June 5, 2026. Stockholders elected Class II directors, ratified the appointment of Deloitte & Touche LLP as the independent auditor, and approved the compensation of named executive officers on an advisory basis.