secwatch.observer — SEC 8-K summary
======================================

Issuer:     FOXO TECHNOLOGIES INC. (FOXO)
CIK:        0001812360
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001213900-23-009299
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FOXO Technologies completes sale of FOXO Life Insurance to Security National for $4.65M net cash
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812360/000121390023009299/0001213900-23-009299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812360/000121390023009299/ea172989-8k_foxotech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-009299

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer