Workflow
Equity Funding
icon
Search documents
X @Bloomberg
Bloomberg· 2025-09-03 04:40
Japan’s financial regulator is urging regional banks to help local businesses secure equity funding necessary for further growth, as part of the country’s broader drive to revitalize rural economies https://t.co/APQFwFfZl9 ...
X @The Block
The Block· 2025-07-25 04:38
Hong Kong’s OSL Group secures $300 million in equity funding to fuel global expansion https://t.co/8wroxwJipI ...
FOXO TECHNOLOGIES INC. COMPLETES EQUITY FUNDING AGREEMENT
Globenewswire· 2025-06-04 12:08
Core Viewpoint - FOXO Technologies Inc. has executed an agreement to issue 1,650 shares of Series A Cumulative Convertible Redeemable Preferred Stock for net proceeds of $1,500,000, indicating a strategic move to enhance its financial position and support growth initiatives [1][2]. Financial Summary - The issuance of Series A Preferred Stock is expected to generate gross proceeds of $1,650,000, with the company agreeing to pay investor costs of $150,000 [2]. - The first closing of this transaction occurred on June 4, 2025, with subsequent closings planned based on the effective date of a registration statement [2]. - In the first quarter of 2025, FOXO reported over $3 million in net revenues and a $4.4 million improvement in stockholders' equity, bringing total stockholders' equity to $9.7 million as of March 31, 2025, compared to a negative $17.5 million as of September 30, 2024 [3]. Company Overview - FOXO Technologies operates three subsidiaries: Rennova Community Health, which runs a critical access hospital in East Tennessee; Myrtle Recovery Centers, a behavioral health facility; and FOXO Labs, a biotechnology company focused on health and lifespan improvement through innovative technology [4][5].