Foxo Technologies INC DEF 14A proxy statements

FOXO Technologies Inc. announces an increase in authorized common and preferred stock, re-election of its board, and ratification of its auditor, all approved by majority shareholder consent.

FOXO Technologies Inc. has increased its authorized Class A Common Stock to 2.5 billion shares to meet existing financing obligations and enable future capital raising.

FOXO Technologies intends to execute a reverse stock split to boost its stock price and attract institutional investors.

A majority shareholder has approved multiple equity issuances and a reverse stock split to ensure compliance with NYSE American listing requirements and facilitate ongoing capital raising efforts.

FOXO Technologies Inc. has informed stockholders of approvals for substantial share issuances to ClearThink Capital Partners, LLC, Jefferson Street Capital, LLC, and other investors from convertible notes and promissory note exchanges, alongside a recent 1-for-10 reverse stock split, all aimed at maintaining NYSE American listing compliance.

FOXO Technologies is holding a special meeting to seek shareholder approval for the conversion of Series A Preferred Stock into common stock and related voting terms, which could result in a change of control.

FOXO Technologies Inc. will hold its 2024 annual meeting of stockholders virtually on December 31, 2024, to vote on director elections, auditor ratification, and potential meeting adjournments.

FOXO Technologies has released an amendment to its proxy statement to correct errors in the original proxy card ahead of the special stockholder meeting.

FOXO Technologies is seeking stockholder approval for a reverse stock split and the issuance of shares related to several agreements, including debt and equity transactions.