Corporate ActionApr 20, 2026, 05:32 PM
FOXO Technologies to Increase Authorized Shares to 25.02 Billion
AI Summary
FOXO Technologies Inc. is increasing its authorized capital stock to a total of 25,020,000,000 shares, effective May 3, 2026. This amendment to the Certificate of Incorporation, previously approved by stockholders, will consist of 25 billion shares of Class A Common Stock and 20 million shares of Preferred Stock. This significant increase in authorized shares provides the company with greater flexibility for future capital raises, stock-based compensation, or other corporate purposes.
Key Highlights
- Authorized shares increased to 25,020,000,000.
- Includes 25,000,000,000 Class A Common Stock.
- Includes 20,000,000 Preferred Stock.
- Amendment effective May 3, 2026.
- Stockholders previously approved the change.
Price Impact
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