FOXO Technologies agrees to acquire preferred stock carrying majority voting power in Ludwig Enterprises

• FOXO Technologies agreed to acquire Ludwig Enterprises preferred stock carrying a majority of its voting power.
• The buyer also agreed to purchase certain Ludwig notes from Thomas E. Terwilliger.
• Selling stockholders granted irrevocable voting proxies over the preferred shares but retain ownership until closing.
• Closing remains subject to a Nasdaq listing, satisfactory financing and due diligence, among other conditions.
• Sellers may terminate unless the Nasdaq listing and related public offering are completed within 120 days of signing, absent a waiver.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FOXO Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-049263), on October 29, 2026, and is solely responsible for the information contained therein.