FOXO Technologies reports FY2022 results; highlights include sale of insurance unit for $4.75M

FOXO TECHNOLOGIES INC.

Completed strategic review, streamlined operations, and reduced cost structure to preserve capital.
FOXO Life recruited 5 distribution partners with over 3,000 independent agents to sell life insurance products.
Terminated two share purchase agreements with institutional investors in November 2022 with no cash consequences.
Sold non-core FOXO Life Insurance Company, gaining access to $4,751,407 previously held as statutory capital.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FOXO TECHNOLOGIES INC. reported financial results for for the full year ended December 31, 2022.

Period: for the full year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 30, 2023, FOXO Technologies Inc. (the “Company”) issued a press release and held a conference call regarding its financial results for the full year ended December 31, 2022.

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FOXO TECHNOLOGIES INC. filing history →

Source: SEC EDGAR

accession 0001213900-23-024964

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