FOXO acquires Rennova Community Health for $22M note plus $100 cash; appoints two directors

FOXO TECHNOLOGIES INC.

Acquired all RCHI equity for $100 cash and a $22M senior note (subject to EBITDA adjustments) from RCHI to Rennova Health.
Note bears 8% interest for first six months, then 12%; matures Sept 10, 2026; secured by RCHI assets and guaranteed by FOXO.
Appointed Seamus Lagan and Trevor Langley to the board, effective Sept 10, 2024.
Principal repayments equal 10% of RCHI free cash flow; note reduced by 25% of FOXO equity proceeds.
Board expanded to five members; closing effective Sept 10, 2024.

item 1.01 item 2.01 item 2.03 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Trevor Langley

Director

FOXO · FOXO TECHNOLOGIES INC.

Effective: 2024-09-10
Filed: September 12, 2024, 7:59 PM ET

the board of directors (the “ Board ”) of the Company appointed Seamus Lagan and Trevor Langley to the Board to serve as directors of the Company, effective September 10, 2024.

Appointed

Seamus Lagan

Director

FOXO · FOXO TECHNOLOGIES INC.

Effective: 2024-09-10
Filed: September 12, 2024, 7:59 PM ET

the board of directors (the “ Board ”) of the Company appointed Seamus Lagan and Trevor Langley to the Board to serve as directors of the Company, effective September 10, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Trevor Langley was appointed as Director at FOXO TECHNOLOGIES INC..

Action: appointed
Role: Director

Exact text from the filing

the board of directors (the “ Board ”) of the Company appointed Seamus Lagan and Trevor Langley to the Board to serve as directors of the Company, effective September 10, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Seamus Lagan was appointed as Director at FOXO TECHNOLOGIES INC..

Action: appointed
Role: Director

Exact text from the filing

the board of directors (the “ Board ”) of the Company appointed Seamus Lagan and Trevor Langley to the Board to serve as directors of the Company, effective September 10, 2024.

View on SEC.gov

FOXO TECHNOLOGIES INC. filing history →

Source: SEC EDGAR

accession 0001493152-24-036064

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