other material
confidence high
sentiment neutral
materiality 0.40
FOXO Technologies amends Series A Preferred designation to include 4.99% beneficial ownership limitation
FOXO TECHNOLOGIES INC.
- Filed Amended and Restated Certificate of Designation for Series A Preferred Stock on December 27, 2024.
- Added Section 6(c)(ix) imposing a 4.99% beneficial ownership limit (or 9.99% upon holder election pre-issuance).
- Limitation applies to Class A Common Stock issuable upon conversion of Series A Preferred Stock.