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FOXO Technologies | SC 13D: Statement of acquisition of beneficial ownership by individuals-Mark Brian White(17.33%)

SEC announcement ·  Feb 5 12:48
Summary by Moomoo AI
Mark Brian White, a UK citizen, has filed a Schedule 13D with the United States Securities and Exchange Commission on January 19, 2024, disclosing his significant ownership stake in FOXO Technologies Inc. White, who serves as a director, officer, and shareholder of the company, reported beneficial ownership of 1,550,000 shares of Class A common stock, representing 17.33% of the class. These shares include 250,000 directly issued to White for his services to the company and 1,300,000 shares held indirectly through Kr8 ai Inc., where White is an officer, director, and shareholder. The shares issued to Kr8 ai Inc. are part of a Master Software and Services Agreement with FOXO Technologies, which may result in the issuance of additional shares. White has been a member of the Board of Directors and Interim CEO since September 2023 and is actively involved in the company's management and strategic direction. He may consider acquiring more shares or disposing of his holdings depending on various factors, including the company's performance and market conditions.
Mark Brian White, a UK citizen, has filed a Schedule 13D with the United States Securities and Exchange Commission on January 19, 2024, disclosing his significant ownership stake in FOXO Technologies Inc. White, who serves as a director, officer, and shareholder of the company, reported beneficial ownership of 1,550,000 shares of Class A common stock, representing 17.33% of the class. These shares include 250,000 directly issued to White for his services to the company and 1,300,000 shares held indirectly through Kr8 ai Inc., where White is an officer, director, and shareholder. The shares issued to Kr8 ai Inc. are part of a Master Software and Services Agreement with FOXO Technologies, which may result in the issuance of additional shares. White has been a member of the Board of Directors and Interim CEO since September 2023 and is actively involved in the company's management and strategic direction. He may consider acquiring more shares or disposing of his holdings depending on various factors, including the company's performance and market conditions.
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