other_material
confidence high
sentiment neutral
materiality 0.50
FOXO Technologies majority stockholder approves authorized share increase from 10B to 25B
FOXO TECHNOLOGIES INC.
- Majority stockholder (Rennova Health, Inc., controlled by CEO) holding 97.59% voting rights approved via written consent on March 27, 2026.
- Amendment increases authorized Class A Common Stock from 10,000,000,000 to 25,000,000,000 shares.
- Effective date will be 20 days after mailing of definitive Information Statement; preliminary 14C filed April 1, 2026.
- Board has discretion to set effective date without further stockholder approval.
- Record date for consent was March 20, 2026.
item 5.07