Summary by Futu 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