FOXO TECHNOLOGIES INC.
For the period ended Mar 31, 2025. Filed May 20, 2025.
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Mar 31, 2025 · Filed May 20, 2025
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Legal Proceedings
ITEM 1. LEGAL PROCEEDINGS
From time-to-time, the Company may be involved in a variety of claims, lawsuits, investigations and proceedings related to contractual disputes, employment matters, regulatory and compliance matters, intellectual property rights and other litigation arising in the ordinary course of business. The Company operates in a highly regulated industry which may inherently lend itself to legal matters. Management is aware that litigation has associated costs and that results of adverse litigation verdicts could have a material effect on the Company’s financial position or results of operations. Management, in consultation with legal counsel, has addressed known assertions and predicted unasserted claims, which are presented in Note 14 to the accompanying unaudited condensed consolidated financial statements.
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