On September 7, 2023, FOXO Technologies Inc. closed the transaction. The company issued 1,834,375 shares of Common Stock at an issue price of $0.08 per share for the gross proceeds of $146,750 in second and final tranche. The Second Tranche Shares were issued and sold pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the ?Securities Act?) and Rule 506 of Regulation D promulgated thereunder.

The Company has 55,644,642 shares of Common Stock issued and outstanding.