Summary by Moomoo AI
On February 14, 2024, FOXO Technologies Inc. announced a non-binding agreement for a proposed merger with M2i Global, Inc., a company specializing in the development of a global value supply chain for critical minerals for the U.S. government and its free trade partners. The merger aims to create a strategic mineral reserve in partnership with the U.S. Federal Government. Mark White, Interim CEO of FOXO Technologies, expressed enthusiasm for the merger, highlighting M2i's expertise in supply chains and mineral reserves, which is expected to drive shareholder value and enhance operational efficiency with FOXO's artificial intelligence technology. Additionally, on February 15, 2024, FOXO's board approved a purchase agreement with ClearThink Capital Partners, LLC, involving the issuance of a promissory note for...Show More