secwatch.observer — SEC 8-K summary
======================================

Issuer:     FOXO TECHNOLOGIES INC. (FOXO)
CIK:        0001812360
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001641172-25-026881
Event type: other_material
Sentiment:  positive
Materiality: 0.45
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

FOXO Technologies amends Smithline settlement, pays $97,837 in cash
-------------------------------------------------------------------

- Amendment No. 1 to Settlement Agreement dated Sept 4, 2025; remaining balance of $97,837 to be paid in cash.
- Payments: $25,000 immediate, $25,000 by Sept 27, 2025, $25,000 by Oct 27, 2025, final $22,837 by Nov 27, 2025.
- Original Nov 2023 settlement was $2.3 million converted to Class A Common Stock; this cash payment satisfies remaining balance in full.
- Cash payment replaces issuance of shares; avoids dilution for FOXO shareholders.
- Settlement with Smithline Family Trust II is fully resolved as of Nov 27, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812360/000164117225026881/0001641172-25-026881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812360/000164117225026881/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-026881

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer