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On September 10, 2024, FOXO Technologies Inc. (FOXO) completed a significant transaction involving the acquisition of Rennova Community Health, Inc. (RCHI) from Rennova Health, Inc. (RHI). The original stock exchange agreement was amended, changing the consideration from 20,000 shares of Series A Preferred Stock to $100, and adding a senior note of $22 million, secured by RCHI's assets and guaranteed by FOXO. The note, maturing on September 10, 2026, has an interest rate starting at 8% and increasing to 12% after six months, with a default rate of 20%. Payments are based on 10% of RCHI's free cash flow and 25% of any equity capital raised by FOXO. The board of directors approved the amended agreement on the same day. Additionally, Seamus Lagan and Trevor Langley were appointed to FOXO's board as part of the transaction.
On September 10, 2024, FOXO Technologies Inc. (FOXO) completed a significant transaction involving the acquisition of Rennova Community Health, Inc. (RCHI) from Rennova Health, Inc. (RHI). The original stock exchange agreement was amended, changing the consideration from 20,000 shares of Series A Preferred Stock to $100, and adding a senior note of $22 million, secured by RCHI's assets and guaranteed by FOXO. The note, maturing on September 10, 2026, has an interest rate starting at 8% and increasing to 12% after six months, with a default rate of 20%. Payments are based on 10% of RCHI's free cash flow and 25% of any equity capital raised by FOXO. The board of directors approved the amended agreement on the same day. Additionally, Seamus Lagan and Trevor Langley were appointed to FOXO's board as part of the transaction.
2024年9月10日,FOXO科技公司(FOXO)完成了一筆重大交易,收購了rennova health社區健康公司(RCHI),交易由rennova health公司(RHI)完成。原股票交易協議已經修訂,將考慮因素從20000股A類優先股修改爲100美元,並增加一份高達2200萬美元的優先票據,以RCHI的資產作爲擔保,並由FOXO做出保證。票據將於2026年9月10日到期,起息率爲8%,六個月後增至12%,違約利率爲20%。付款基於RCHI的10%自由現金流和FOXO籌集的任何股本的25%。董事會在同一天批准了修訂後的協議。此外,Seamus Lagan和Trevor Langley作爲該交易的一部分被任命爲FOXO的董事會成員。
2024年9月10日,FOXO科技公司(FOXO)完成了一筆重大交易,收購了rennova health社區健康公司(RCHI),交易由rennova health公司(RHI)完成。原股票交易協議已經修訂,將考慮因素從20000股A類優先股修改爲100美元,並增加一份高達2200萬美元的優先票據,以RCHI的資產作爲擔保,並由FOXO做出保證。票據將於2026年9月10日到期,起息率爲8%,六個月後增至12%,違約利率爲20%。付款基於RCHI的10%自由現金流和FOXO籌集的任何股本的25%。董事會在同一天批准了修訂後的協議。此外,Seamus Lagan和Trevor Langley作爲該交易的一部分被任命爲FOXO的董事會成員。
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譯文內容由第三人軟體翻譯。
牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生,只对除中国内地以外的地区提供。
以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
風險及免責聲明
牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生,只对除中国内地以外的地区提供。
以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
我知道了
風險及免責聲明
牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生,只对除中国内地以外的地区提供。
以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
我知道了
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