---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-049376"
form_type: "8-K"
ticker: "FOXO"
cik: "0001812360"
company_name: "FOXO TECHNOLOGIES INC."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:14:57.443007+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FOXO swaps $21M debt for Series A Preferred; new CEO; settles $3M KR8 liability

## Summary
- Exchanged $21M of RCHI note principal for 21,000 shares of Series A Preferred Stock, boosting equity by ~$21M.
- Terminated MSSA with KR8 AI Inc.; issued 3,000 shares of Series D Preferred Stock to settle $3M liability.
- Seamus Lagan appointed CEO effective Dec 5, 2024; Mark White resigned as interim CEO and became CEO of FOXO Labs.
- Issued $1.12M Senior Note for $1M cash; also issued $500K promissory note to Mark White, partially satisfied by Dec 31.
- Filed Certificate of Designation for Series D Preferred Stock (10,000 shares authorized, no voting rights, convertible at optional terms).

## SEC filing metadata
- accession: 0001493152-24-049376
- form_type: 8-K
- ticker: FOXO
- cik: 0001812360
- company_name: FOXO TECHNOLOGIES INC.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812360/000149315224049376/0001493152-24-049376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812360/000149315224049376/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-049376
- JSON: https://secwatch.observer/filing/0001493152-24-049376.json
- Plain text: https://secwatch.observer/filing/0001493152-24-049376.txt

## Key facts
- Governance Changes
  FOXO TECHNOLOGIES INC.: On December 6, 2024, FOXO Technologies Inc. filed a Certificate of Designation creating a new Series D Cumulative Convertible Redeemable Preferred Stock, authorizing up to 10,000 shares with specific voting, dividend, liquidation, and conversion rights (effective 2024-12-06).
  - Change: charter amendment
  - Effective: 2024-12-06
  source text: On December 6, 2024, the Company filed amendments to the Company’s Certificate of Incorporation (the “ Certificate of Incorporation ”), in the form of a Certificate of Designation (the “ Designation ”) that authorized for issuance of up to 10,000 shares of a new series of Preferred Stock, par value $0.0001 per share, of the Company designated “Series D Cumulative Convertible Redeemable Preferred Stock” (the “ Series D Preferred Stock ”) and established the rights, preferences and limitations thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812360/000149315224049376/0001493152-24-049376-index.htm

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