{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-037606","form_type":"8-K","ticker":null,"cik":"0000931059","company_name":"Rennova Health, Inc.","filed_at":"2024-09-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.417786+00:00","generated_at":"2026-05-31T03:24:22.283370+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rennova Health sells two subsidiaries to FOXO; receives $22M note and minimal cash","bullets":["Exchanges RCHI (owns Scott County Community Hospital) for $100 cash and a $22M senior secured note from RCHI, due Sept 2026, interest 8% first 6 months then 12%.","Note guaranteed by FOXO and Scott County; requires principal repayments equal to 10% of free cash flow from RCHI/Scott County.","Myrtle Recovery Centers sale closed June 14, 2024; received $235k in FOXO shares (issued July 17, 2024) and a demand note for $265k balance.","FOXO board expanded to five; Rennova CEO Seamus Lagan and director Trevor Langley elected to FOXO board on Sept 10, 2024.","Rennova may exchange note for FOXO Series A Preferred Stock at $1 stated value per $1 of note, subject to shareholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-037606","json":"https://secwatch.observer/filing/0001493152-24-037606.json","markdown":"https://secwatch.observer/filing/0001493152-24-037606.md","text":"https://secwatch.observer/filing/0001493152-24-037606.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931059/000149315224037606/0001493152-24-037606-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931059/000149315224037606/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T03:24:22.283370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a41aa00f0def01d90ea8d142b488b2a7ef9fe8fc","claim":"Rennova Health, Inc. completed a disposition involving FOXO Technologies Inc. for $500,000, payable in shares of FOXO's Class A Common Stock (closed 2024-06-14).","evidence_excerpt":"The first agreement (the “Myrtle Agreement”) provided for the Company to exchange all of its equity interest in its subsidiary, Myrtle Recovery Centers, Inc. (“Myrtle”) for $500,000, payable in shares of FOXO’s Class A Common Stock (the “FOXO Common Stock”). This transaction closed on June 14, 2024. On June 25, 2024, the parties to the Myrtle Agreement","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/931059/000149315224037606/0001493152-24-037606-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"FOXO Technologies Inc."},{"label":"Consideration","value":"$500,000, payable in shares of FOXO's Class A Common Stock"},{"label":"Closing","value":"2024-06-14"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}