secwatch.observer — SEC 8-K summary
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Issuer:     FOXO TECHNOLOGIES INC. (FOXO)
CIK:        0001812360
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001213900-24-014814
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FOXO Technologies announces non-binding merger with M2i Global, issues $750K note
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- Non-binding agreement for proposed merger with M2i Global (OTC: MTWO), a critical-minerals supply-chain company.
- M2i focuses on building a global supply chain for critical minerals for the U.S. government and creating a strategic mineral reserve.
- Issued promissory note to ClearThink Capital for up to $750,000 with 12% interest (22% default), maturing Jan 30, 2025.
- Interim CEO Mark White cites M2i management's track record and potential AI integration from FOXO's Kr8 partnership.
- 10% of future Strata Purchase Agreement proceeds must be used to repay the note until fully paid off.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812360/000121390024014814/0001213900-24-014814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812360/000121390024014814/ea193976-8k_foxotech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-014814

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