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FOXO Technologies | SC 13D: Statement of acquisition of beneficial ownership by individuals-Matin Christopher Ward(17.33%)

SEC announcement ·  Feb 5 12:48
Summary by Moomoo AI
On January 19, 2024, Martin Christopher Ward, a UK citizen and officer of FOXO Technologies Inc., filed a Schedule 13D with the United States Securities and Exchange Commission. The filing indicates that Ward has acquired a significant stake in the company, amounting to 1,550,000 shares or 17.33% of the Class A common stock. This position includes 250,000 shares held directly and 1,300,000 shares held indirectly through Kr8 ai Inc., where Ward serves as an officer, director, and shareholder. The shares were issued as part of the Issuer's 2022 Equity Incentive Plan and the Master Software and Services Agreement between Kr8 ai Inc. and FOXO Technologies. Ward's acquisition is for investment purposes, and he has been actively involved in the company's management and strategic direction since September 2023. The filing also outlines that Ward may consider future transactions regarding his holdings in FOXO Technologies, depending on various factors such as the company's performance, market conditions, and strategic opportunities.
On January 19, 2024, Martin Christopher Ward, a UK citizen and officer of FOXO Technologies Inc., filed a Schedule 13D with the United States Securities and Exchange Commission. The filing indicates that Ward has acquired a significant stake in the company, amounting to 1,550,000 shares or 17.33% of the Class A common stock. This position includes 250,000 shares held directly and 1,300,000 shares held indirectly through Kr8 ai Inc., where Ward serves as an officer, director, and shareholder. The shares were issued as part of the Issuer's 2022 Equity Incentive Plan and the Master Software and Services Agreement between Kr8 ai Inc. and FOXO Technologies. Ward's acquisition is for investment purposes, and he has been actively involved in the company's management and strategic direction since September 2023. The filing also outlines that Ward may consider future transactions regarding his holdings in FOXO Technologies, depending on various factors such as the company's performance, market conditions, and strategic opportunities.
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