secwatch.observer — SEC 8-K summary
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Issuer:     FOXO TECHNOLOGIES INC. (FOXO)
CIK:        0001812360
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001493152-26-005622
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FOXO settles $200K debt by issuing 8,000 Series E Preferred shares to Rennova in related-party deal
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- Issued 8,000 Series E Preferred shares at $25 stated value to Rennova in full satisfaction of $200,000 in Prior Advances.
- Advances made Dec 4-10, 2025; exchange effective Dec 31, 2025, with closing on Feb 6, 2026.
- Related-party transaction: CEO Seamus Lagan controls both FOXO and Rennova; disinterested directors approved.
- Shares issued under Section 4(a)(2) exemption; no registration rights granted; not freely resalable.
- Debt extinguished; no interest accrued; strengthens balance sheet but raises governance concerns.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812360/000149315226005622/0001493152-26-005622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812360/000149315226005622/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-005622

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