{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-23-002151","form_type":"8-K","ticker":"FOXO","cik":"0001812360","company_name":"FOXO TECHNOLOGIES INC.","filed_at":"2023-10-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.599883+00:00","generated_at":"2026-06-10T04:08:23.930529+00:00","sec_items":["1.01","2.03","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"FOXO lays off 4 employees, warns cash only through Oct 2023; explores sale or merger","bullets":["Terminated 4 non-executive employees on Sep 29; now total 6 non-exec, 1 consultant, 2 execs, 2 non-employee directors.","Cash conserved expected to fund operations only through October 2023; if no financing or strategic deal, may suspend operations, sell, or file bankruptcy.","Exploring strategic alternatives including potential acquisition of KR8 AI, developing AI health tools, pausing life insurance sales.","Obtained $42,500 loan from director Andrew Poole at 13.25% interest due on demand or in one year.","Granted 2.5M shares each to Interim CEO Mark White and Interim CFO Martin Ward, fully vested immediately."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-23-002151","json":"https://secwatch.observer/filing/0001013762-23-002151.json","markdown":"https://secwatch.observer/filing/0001013762-23-002151.md","text":"https://secwatch.observer/filing/0001013762-23-002151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812360/000101376223002151/0001013762-23-002151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812360/000101376223002151/ea186388-8k_foxotech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T04:08:23.930529+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c92b9165831fcc5a4264869c1e61089a27d8f64","claim":"FOXO TECHNOLOGIES INC. incurred loan of $42,500 with Andrew J. Poole at 13.25% per annum maturing one year from the issuance date.","evidence_excerpt":"On October 2, 2023, FOXO Technologies Inc. (the “Company”) obtained a $42,500 loan from Andrew J. Poole, a director of the Company (the “Loan”), to be used to pay for the legal fees of Mitchell Silberberg & Knupp LLP through October 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1812360/000101376223002151/0001013762-23-002151-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$42,500"},{"label":"Counterparty","value":"Andrew J. Poole"},{"label":"Rate","value":"13.25% per annum"},{"label":"Maturity","value":"one year from the issuance date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}