FOXO Technologies Inc., a Delaware-based company, has reported several unregistered sales of equity securities in a recent Form 8-K filing with the SEC. The report, dated May 3, 2024, details the issuance of Class A Common Stock shares to various entities under different agreements. On January 19, 2024, FOXO Technologies disclosed in its Quarterly Report that 8,946,032 shares were already issued and outstanding. Subsequently, the company issued 469,852 shares to Mitchell Silberberg & Knupp LLP on March 1, 2024, and 450,000 shares to Tysadco Partners on March 5, 2024, both as part of service agreements. Additionally, on March 27, 2024, 41,175 shares were issued to Mitchell Silberberg & Knupp LLP under the same type of agreement. Lastly, on April 28, 2024, FOXO Technologies entered into a Securities Purchase Agreement with LGH Investments, LLC, issuing them a convertible...Show More

FOXO Technologies Inc., a Delaware-based company, has reported several unregistered sales of equity securities in a recent Form 8-K filing with the SEC. The report, dated May 3, 2024, details the issuance of Class A Common Stock shares to various entities under different agreements. On January 19, 2024, FOXO Technologies disclosed in its Quarterly Report that 8,946,032 shares were already issued and outstanding. Subsequently, the company issued 469,852 shares to Mitchell Silberberg & Knupp LLP on March 1, 2024, and 450,000 shares to Tysadco Partners on March 5, 2024, both as part of service agreements. Additionally, on March 27, 2024, 41,175 shares were issued to Mitchell Silberberg & Knupp LLP under the same type of agreement. Lastly, on April 28, 2024, FOXO Technologies entered into a Securities Purchase Agreement with LGH Investments, LLC, issuing them a convertible promissory note for $110,000 and 200,000 shares of Class A Common Stock as inducement shares. The note includes a beneficial ownership limitation of 4.99%. These securities were issued in reliance on exemptions from registration provided by Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) of Regulation D, based on representations from the investors. No sales commissions were paid in these transactions. The report was signed by Mark White on behalf of FOXO Technologies Inc. on May 9, 2024.