Summary by Futu AI
On July 22, 2024, Spencer C Christopher, the Chief Technology Officer of Kr8 ai Inc., filed an amendment to the Schedule 13D with the United States Securities and Exchange Commission, indicating a significant transaction involving FOXO Technologies Inc. The amendment reports that Kr8 ai Inc. transferred 1,300,000 shares of Class A common stock in a private transaction. This amendment updates the initial filing made on January 19, 2024. Spencer C Christopher, a United States citizen, has not been involved in any criminal or civil proceedings related to federal securities laws in the past five years. The filing also references the Master Software and Services Agreement between Kr8 ai Inc. and FOXO Technologies, which may result in the issuance of additional shares to Kr8 ai Inc. under the terms set forth in the agreement. The transaction does not appear to involve any other contracts, arrangements, or relationships with respect to the securities of FOXO Technologies beyond those stated.