FOXO TECHNOLOGIES INC. Enters Material Definitive Agreement
Ticker: FOXOW · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1812360
| Field | Detail |
|---|---|
| Company | Foxo Technologies INC. (FOXOW) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement
TL;DR
FOXO just signed a big deal, filing shows.
AI Summary
On May 28, 2024, FOXO TECHNOLOGIES INC. entered into a material definitive agreement. The company, formerly known as Delwinds Insurance Acquisition Corp., is incorporated in Delaware and headquartered in Minneapolis, MN.
Why It Matters
This filing indicates a significant new agreement for FOXO TECHNOLOGIES INC., which could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities that are not yet fully understood.
Key Players & Entities
- FOXO TECHNOLOGIES INC. (company) — Registrant
- Delwinds Insurance Acquisition Corp. (company) — Former name of registrant
- May 28, 2024 (date) — Date of earliest event reported
- Minneapolis, MN (location) — Principal Executive Offices
FAQ
What is the nature of the material definitive agreement entered into by FOXO TECHNOLOGIES INC.?
The filing states that FOXO TECHNOLOGIES INC. entered into a material definitive agreement on May 28, 2024, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 28, 2024.
What was FOXO TECHNOLOGIES INC. formerly known as?
FOXO TECHNOLOGIES INC. was formerly known as Delwinds Insurance Acquisition Corp.
Where are FOXO TECHNOLOGIES INC.'s principal executive offices located?
FOXO TECHNOLOGIES INC.'s principal executive offices are located at 729 N. Washington Ave., Suite 600, Minneapolis, MN 55401.
What is the SEC file number for FOXO TECHNOLOGIES INC.?
The SEC file number for FOXO TECHNOLOGIES INC. is 001-39783.
Filing Stats: 505 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-06-03 14:20:40
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 FOXO NYSE American Indicate by ch
Filing Documents
- ea0207271-8k_foxotech.htm (8-K) — 24KB
- 0001213900-24-048950.txt ( ) — 194KB
- foxow-20240528.xsd (EX-101.SCH) — 3KB
- foxow-20240528_lab.xml (EX-101.LAB) — 33KB
- foxow-20240528_pre.xml (EX-101.PRE) — 22KB
- ea0207271-8k_foxotech_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On May 28, 2024, FOXO Technologies Inc., a Delaware corporation (the " Company "), entered into an Exchange Agreement (the " Agreement ") with Smithline Family Trust II (" Smithline ") pursuant to which Smithline exchanged warrants to purchase up to 312,500 shares, as adjusted, of the Company's Class A Common Stock terminating on February 23, 2025 (the " Smithline Assumed Warrant "), for the right to receive up to 8,370,000 shares of Class A Common Stock (the " Rights Shares "), subject to a 4.99% beneficial will be limited to 19.99% of the Company's outstanding shares of Class A Common Stock, unless stockholder approval is obtained to issue more than 19.99% Upon the execution of the Agreement and receipt of all of the Rights Shares, the Smithline Assumed Warrant, and all associated rights thereunder will be terminated. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FOXO Technologies Inc. Dated: June 3, 2024 By: /s/ Mark White Mark White Title: Interim Chief Executive Officer 2