secwatch.observer — SEC 8-K summary
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Issuer:     FOXO TECHNOLOGIES INC. (FOXO)
CIK:        0001812360
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001213900-23-068981
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FOXO receives second NYSE American low-price delisting notice; CFO resigns
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- Second NYSE American notice: 30-day average stock price below $0.20 violates Section 1003(f)(v).
- Cure period to Feb 16, 2024; reverse split or price improvement needed; accelerated delisting possible.
- CFO Robert Potashnick resigns effective Sept 13, 2023, to pursue other opportunities; no disagreement.
- Already non-compliant with stockholders' equity rule (Section 1003(a)(i)); compliance plan due Dec 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812360/000121390023068981/0001213900-23-068981-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812360/000121390023068981/ea183875-8k_foxotech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-068981

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer