other_material
confidence high
sentiment negative
materiality 0.65
FOXO Technologies increases authorized shares to 25.02B, effective May 3, 2026
FOXO TECHNOLOGIES INC.
- Authorized shares raised to 25.02B: 25B Class A common ($0.0001 par) and 20M preferred ($0.0001 par).
- Amendment signed April 15, 2026; filed with Delaware Secretary of State effective May 3, 2026.
- Stockholder approval obtained under DGCL Sections 212 and 242.
- Prior authorized share count not disclosed; increase represents massive potential dilution.
item 5.03item 9.01