FOXO settles Darbie obligations; shareholder approves 1:1,000–1:10,000 reverse split

FOXO TECHNOLOGIES INC.

Issued 400 Series D Preferred shares to J.H. Darbie; pays $175,000 in 7 monthly installments to resolve all amounts owed.
Reverse stock split ratio range 1:1,000 to 1:10,000, board discretion; must be done before Nov 30, 2026; prior split abandoned.
Majority stockholder (95.56% voting) approved via written consent; FINRA approval required; effective 20 days after info statement mailing.

item 1.01 item 3.02 item 5.07 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

FOXO TECHNOLOGIES INC. issued 400 shares of preferred stock to J.H. Darbie & Co., Inc..

Security: preferred stock
Shares: 400 shares
Purchaser: J.H. Darbie & Co., Inc.

Exact text from the filing

In connection with the Settlement Agreement, the Company issued 400 shares of Series D Preferred Stock to J.H. Darbie, convertible into shares of Class A Common Stock in accordance with the Series D Preferred Stock Certificate of Designation.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

FOXO TECHNOLOGIES INC. shareholders approved Amendment to Certificate of Incorporation to effect a reverse stock split at a ratio ranging from 1:1,000 to 1:10,000.

Proposal: reverse split
Outcome: passed

Exact text from the filing

the Majority Stockholder approved: 1. An amendment

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32 equity issuances filed in the last 30 days. Browse all equity issuances →

FOXO TECHNOLOGIES INC. filing history →

Source: SEC EDGAR

accession 0001493152-26-025076

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