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FIRST ADVANTAGE CORP (FA) filed an SEC Form 8-K — Other Events. Exhibit 99.1 First Advantage Announces Launch of Secondary Offering of Common Stock ATLANTA, November 9, 2026 (GLOBE NEWSWIRE) – First Advantage Corporation (“First Advantage”) (NASDAQ: FA), a global software and data company providing comprehensive, end-to-end identity solutions

First Advantage (FA) shares fell 10.5% after Silver Lake Group announced a secondary offering of 15M shares. The company is not selling shares or receiving proceeds. FA's revenue grew 36.8% YoY to $420M, with EPS at $0.30, beating expectations. The stock is up 47.7% YTD but 12.7% below its 52-week high.

First Advantage Corp (FA) stock fell 9.7% in pre-market trading after Silver Lake Group sold 15 million shares at $21.80 each, reducing its stake. Additional shares may be distributed without a lock-up period. The decline is attributed to the large share sale and not broader market trends. FA's stock had risen 62% year-to-date before this news.

First Advantage Corp (FA) stock dropped 9.7% premarket Tuesday as Silver Lake Group sold 15M shares at $21.80 each in a secondary offering. FA is not selling shares and will not receive proceeds. The offering is expected to close by November 12, 2026, with Barclays and J.P. Morgan as underwriters.

First Advantage priced a $327M secondary offering of 15M shares at $21.80 each, sold by Silver Lake Group funds. The company's shares fell following the announcement.

Silver Lake Group's funds plan to sell 15 million First Advantage (FA) shares at $21.80 each in a secondary offering. FA won't sell shares or receive proceeds. The deal, underwritten by Barclays and J.P. Morgan, is set to close by November 12, 2026, pending conditions.