{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-009299","form_type":"8-K","ticker":"FOXO","cik":"0001812360","company_name":"FOXO TECHNOLOGIES INC.","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.699347+00:00","generated_at":"2026-06-19T21:57:59.269173+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FOXO Technologies completes sale of FOXO Life Insurance to Security National for $4.65M net cash","bullets":["Closed sale of FOXO Life Insurance Company to Security National Life Insurance Co. on Feb 3, 2023.","Net cash proceeds of $4,651,407 after $200K deduction and $50,849 in buyer's expenses.","FOXO Life held Arkansas insurance license and statutory capital of $5,002,256 at closing.","Remaining $100,000 of statutory capital expected to be accessed shortly after closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-009299","json":"https://secwatch.observer/filing/0001213900-23-009299.json","markdown":"https://secwatch.observer/filing/0001213900-23-009299.md","text":"https://secwatch.observer/filing/0001213900-23-009299.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812360/000121390023009299/0001213900-23-009299-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812360/000121390023009299/ea172989-8k_foxotech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:57:59.269173+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":"eb53ab6737b832e04c0f3cf058a62e1c04321bf0","claim":"FOXO TECHNOLOGIES INC. completed a disposition involving Security National Life Insurance Company for $5,002,256, as of the Closing Date, minus $200,000 (closed 2023-02-03).","evidence_excerpt":"all of Seller’s shares were cancelled and retired and ceased to exist in exchange for the assignment to the Seller of FOXO Life’s statutory capital and surplus amount of $5,002,256, as of the Closing Date, minus $200,000 (the “Merger Consideration”). As of the date of this Current Report on Form 8-K, the Company has $100,000 of statutory capital and surplus","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1812360/000121390023009299/0001213900-23-009299-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Security National Life Insurance Company"},{"label":"Consideration","value":"$5,002,256, as of the Closing Date, minus $200,000"},{"label":"Closing","value":"2023-02-03"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}