FOXO Technologies Enters Material Definitive Agreement
Ticker: FOXOW · Form: 8-K · Filed: Jun 18, 2024 · CIK: 1812360
| Field | Detail |
|---|---|
| Company | Foxo Technologies INC. (FOXOW) |
| Form Type | 8-K |
| Filed Date | Jun 18, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $2,800,000, $840,000, $280,000, $1,120,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, debt, filing
TL;DR
FOXO just signed a new loan agreement, potentially impacting its cash flow.
AI Summary
On June 12, 2024, FOXO TECHNOLOGIES INC. entered into a material definitive agreement, specifically a loan agreement with an unnamed lender. This agreement creates a direct financial obligation for FOXO TECHNOLOGIES INC. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Why It Matters
This filing indicates FOXO Technologies has entered into a new financial obligation, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into new financial obligations can introduce financial risk, especially if the terms are unfavorable or the company's ability to repay is uncertain.
Key Players & Entities
- FOXO TECHNOLOGIES INC. (company) — Registrant
- June 12, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 001-39783 (identifier) — Commission File Number
- 85-1050265 (identifier) — IRS Employer Identification Number
- Delwinds Insurance Acquisition Corp. (company) — Former Company Name
- 20200518 (date) — Date of Name Change
FAQ
What type of material definitive agreement did FOXO TECHNOLOGIES INC. enter into?
FOXO TECHNOLOGIES INC. entered into a loan agreement.
On what date was this material definitive agreement reported?
The earliest event reported was on June 12, 2024.
What is the Commission File Number for FOXO TECHNOLOGIES INC.?
The Commission File Number is 001-39783.
What was the former name of FOXO TECHNOLOGIES INC.?
The former name was Delwinds Insurance Acquisition Corp.
What is the state of incorporation for FOXO TECHNOLOGIES INC.?
The state of incorporation is Delaware.
Filing Stats: 1,480 words · 6 min read · ~5 pages · Grade level 12 · Accepted 2024-06-18 16:11:32
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 FOXO NYSE American Indicate by ch
- $2,800,000 — the aggregate principal amount of up to $2,800,000 (each a " Note " or, together, the " No
- $840,000 — ers will purchase up to an aggregate of $840,000 in principal amount of the Notes. The C
- $280,000 — ers will purchase up to an aggregate of $280,000 in principal amount of the Notes. Upo
- $1,120,000 — ers will purchase up to an aggregate of $1,120,000 in principal amount of the Notes. Upo
- $560,000 — ers will purchase up to an aggregate of $560,000 in principal amount of the Notes. Eac
Filing Documents
- ea0208052-8k_foxo.htm (8-K) — 41KB
- ea020805201ex4-1_foxo.htm (EX-4.1) — 112KB
- ea020805201ex99-1_foxo.htm (EX-99.1) — 222KB
- ea020805201ex99-2_foxo.htm (EX-99.2) — 9KB
- ex99-2_001.jpg (GRAPHIC) — 5KB
- 0001213900-24-053802.txt ( ) — 657KB
- foxow-20240612.xsd (EX-101.SCH) — 3KB
- foxow-20240612_lab.xml (EX-101.LAB) — 33KB
- foxow-20240612_pre.xml (EX-101.PRE) — 22KB
- ea0208052-8k_foxo_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Form of Senior Note 99.1 Form of Securities Purchase Agreement 99.2 Press Release dated June 18, 2024 104 Cover Page Interactive Data File (embedded within Inline XBRL document) 2
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. Date: June 18, 2024 By: /s/ Mark White Name: Mark White Title: Interim Chief Executive Officer 3