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FOXO Technologies | 424B3: Prospectus

SEC announcement ·  Feb 8 10:05
Summary by Moomoo AI
FOXO Technologies Inc. has filed a prospectus supplement with the SEC, updating its previous prospectus dated September 6, 2023, and attaching a current report on Form 8-K filed on February 7, 2024. This supplement relates to the potential offer and resale of up to 3,668,750 shares of Class A common stock by selling stockholders named in the prospectus or their transferees. The shares consist of two tranches purchased by the selling stockholders as part of a private placement transaction on August 23, 2023, and September 7, 2023. The company will not receive proceeds from the sale of shares by the selling stockholders. FOXO's Class A Common Stock is listed on the NYSE American LLC under the symbol 'FOXO,' with a closing price of $0.3614 on February 7, 2024. Additionally, the company...Show More
FOXO Technologies Inc. has filed a prospectus supplement with the SEC, updating its previous prospectus dated September 6, 2023, and attaching a current report on Form 8-K filed on February 7, 2024. This supplement relates to the potential offer and resale of up to 3,668,750 shares of Class A common stock by selling stockholders named in the prospectus or their transferees. The shares consist of two tranches purchased by the selling stockholders as part of a private placement transaction on August 23, 2023, and September 7, 2023. The company will not receive proceeds from the sale of shares by the selling stockholders. FOXO's Class A Common Stock is listed on the NYSE American LLC under the symbol 'FOXO,' with a closing price of $0.3614 on February 7, 2024. Additionally, the company's Public Warrants are quoted on the OTC Pink Marketplace under 'FOXOW,' closing at $0.0011 on the same date. FOXO Technologies identifies as an 'emerging growth company' and has elected to comply with reduced public company reporting requirements. The company has also entered into a Strata Purchase Agreement with ClearThink Capital Partners, LLC, agreeing to sell up to $5,000,000 of Class A common stock to ClearThink from time to time, with certain conditions and limitations. A Finder's Fee Agreement with J.H. Darbie & Co., Inc. has been established, entitling the finder to a cash fee and a 5-year warrant to purchase shares of Common Stock, based on the amount raised from these transactions.

This announcement is a separate document:

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