Tuesday, July 08, 2025 7:32:07 AM
Due to the Voting Agreement and Irrevocable Proxies with Sabby Volatility, Sabby Healthcare, and Mr. Diamantis, as described below, the combined voting percentage of RHI is approximately 82%.
So even though RHI/RNVA owns only 17.34% of voting shares of FOXO, it controls a large majority of the voting shares...the 17.34% of Series A Preferred stock is expected to increase dramatically as more and more of the 25 million $ cert RHI owns is converted to FOXO preferred...
Note the statement in the latest DEF 14C...
Shares are owned by Rennova Health, Inc. (“RHI”). Mr. Lagan is the Chief Executive Officer and President and a director of RHI. Mr. Lagan disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
So we (RNVA shareholders) own majority voting rights and soon majority equity in FOXO...whether this comes to us in the form of FOXO commons needs to be seen...obviously this happens if FOXO decides to merge RNVA/RHI into FOXO...
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