secwatch.observer — SEC 8-K summary
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Issuer:     FOXO TECHNOLOGIES INC. (FOXO)
CIK:        0001812360
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001213900-23-024964
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812360/000121390023024964/0001213900-23-024964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812360/000121390023024964/ea176109-8k_foxotech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-024964

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