---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048710"
form_type: "8-K"
ticker: "FOXO"
cik: "0001812360"
company_name: "FOXO TECHNOLOGIES INC."
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:52:17.302311+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FOXO Technologies authorizes Series B and C Preferred Stock; up to 12,500 shares total

## Summary
- Board authorized 7,500 Series B and 5,000 Series C preferred shares, $1,000 stated value each.
- Series B convertible after 1-year anniversary; conversion price = higher of $0.05 or 90% of 5-day VWAP.
- Series C convertible after 6 months or registration effective; conversion price = higher of $0.03 or 90% of 5-day VWAP.
- Both series carry cumulative quarterly dividends, starting March 15, 2025.
- Voting capped at 19.99% until stockholder approval; pro-rata liquidation preference with other common equivalents.

## SEC filing metadata
- accession: 0001493152-24-048710
- form_type: 8-K
- ticker: FOXO
- cik: 0001812360
- company_name: FOXO TECHNOLOGIES INC.
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812360/000149315224048710/0001493152-24-048710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812360/000149315224048710/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048710
- JSON: https://secwatch.observer/filing/0001493152-24-048710.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048710.txt

## Key facts
- Governance Changes
  FOXO TECHNOLOGIES INC.: Authorized issuance of Series B and Series C Cumulative Convertible Redeemable Preferred Stock and established their rights, preferences and limitations (effective 2024-11-27).
  - Change: charter amendment
  - Effective: 2024-11-27
  source text: On November 27, 2024, FOXO Technologies Inc. a Delaware corporation (the “ Company ” or the “ Corporation ”) filed amendments to the Company’s Certificate of Incorporation (the “ Certificate of Incorporation ”), in the form of two Certificates of Designation (the “ Designations ”) that authorized for issuance of up to 7,500 shares of a new series of Preferred Stock, par value $0.0001 per share, of the Company designated “Series B Cumulative Convertible Redeemable Preferred Stock” (the “ Series B Preferred Stock ”) and that authorized for issuance of up to 5,000 shares of a new series of Preferred Stock, par value $0.0001 per share, of the Company designated “Series C Cumulative Convertible Redeemable Preferred Stock” (the “ Series C Preferred Stock ”) and established the rights, preferences and limitations thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812360/000149315224048710/0001493152-24-048710-index.htm

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