---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-004834"
form_type: "8-K"
ticker: "FOXO"
cik: "0001812360"
company_name: "FOXO TECHNOLOGIES INC."
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:25:03.513944+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FOXO enters AI licensing deal with KR8 AI; pays $2.5M fee, issues 1.3M shares

## Summary
- Master Software & Services Agreement with KR8 AI for AI epigenetic app; territory US/Canada/Mexico.
- Initial license and development fee of $2,500,000; monthly maintenance $50,000; 15% royalty on subscriber revenues.
- Issued 1,300,000 shares of common stock to Licensor in unregistered sale under Rule 506(b).
- Related party: FOXO's Interim CEO and Interim CFO each are equity owners of KR8 AI.
- Perpetual term unless terminated for uncured breach; licensee may terminate with 90 days' notice.

## SEC filing metadata
- accession: 0001213900-24-004834
- form_type: 8-K
- ticker: FOXO
- cik: 0001812360
- company_name: FOXO TECHNOLOGIES INC.
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812360/000121390024004834/0001213900-24-004834-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812360/000121390024004834/ea191887-8k_foxotech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-004834
- JSON: https://secwatch.observer/filing/0001213900-24-004834.json
- Plain text: https://secwatch.observer/filing/0001213900-24-004834.txt

## Key facts
- Material Agreements
  FOXO TECHNOLOGIES INC. entered into Master Software and Services Agreement with KR8 AI Inc. valued at $2,500,000 (effective 2024-01-12).
  - Action: entry
  - Agreement: license
  - Counterparty: KR8 AI Inc.
  - Value: $2,500,000
  - Effective: 2024-01-12
  source text: Effective January 12, 2024, Foxo Technologies Inc., a Delaware corporation (the “ Company ” or the “ Licensee ”), entered into the Master Software and Services Agreement (this “ Agreement ”) with KR8 AI Inc., a Nevada corporation (the “ Licensor ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812360/000121390024004834/0001213900-24-004834-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.