other material
confidence high
sentiment neutral
materiality 0.60
FOXO Technologies announces 1-for-10 reverse stock split effective April 28, 2025
FOXO TECHNOLOGIES INC.
- Reverse stock split at ratio 1:10, effective 4:01pm ET on April 28, 2025.
- Split designed to comply with NYSE American continued listing requirement (stock price >$0.10).
- Shareholder approval obtained at annual meeting held November 29, 2024.
- Common stock will trade split-adjusted on NYSE American under same symbol FOXO starting April 29, 2025.
- Fractional shares will be rounded up to the next whole share; all options and warrants proportionately adjusted.