FOXO Technologies Inc. announced that it has entered into a Securities Purchase Agreement with new investor LGH Investments, LLC to issue convertible promissory note in the principal amount of $110,000 and 200,000 shares of Class A Common Stock as inducement shares on April 28, 2024. The securities issued above were made in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the ? Securities Act ?), and Rule 506(b) of Regulation D under the Securities Act, based in part on the representations of the investors.

There were no sales commissions paid pursuant to these transactions. The company raised $110,000 in funding pursuant to exemption provided under Regulation D. The transaction included participation from a single investor. The company paid $7,700 as finders fees in the transaction.