Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.9
FOXO TECHNOLOGIES INC. received a nyse_american noncompliance notice notice regarding stockholders equity (rules 1003(a)(i)).
- Exchange
- nyse american
- Notice
- noncompliance notice
- Deficiency
- stockholders equity
- Rules
- 1003(a)(i)
Exact text from the filing
June 12, 2023, FOXO Technologies Inc. (the “Company”) received a notice (the “Notice”) from NYSE American LLC (“NYSE American”) stating that it is not in compliance with the continued listing standards set forth in Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”) and requesting that the Company submit a plan of compliance (the “Plan”) addressing how it intends to regain compliance. In response to the Letter, the Company submitted the Plan to NYSE American on July 12, 2023. On August 29, 2023, the Company received a letter from NYSE American stating that NYSE American
View on SEC.gov
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.9
FOXO TECHNOLOGIES INC. received a nyse_american noncompliance notice notice regarding minimum bid price (rules 1003(f)(v)).
- Exchange
- nyse american
- Notice
- noncompliance notice
- Deficiency
- minimum bid price
- Rules
- 1003(f)(v)
Exact text from the filing
August 16, 2023, from NYSE American stating that it is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the Company Guide because the Company’s Class A common stock was selling for a substantial period of time at a low price per share, which NYSE American determined to be a 30-trading day average of less than $0.20 per share. The Second Notice stated that the Company’s continued listing is predicated on it effecting a reverse stock split of its Class A common stock or otherwise demonstrating sustained price improvement within a reasonable period of time
View on SEC.gov