other material
confidence high
sentiment neutral
materiality 0.55
FOXO Technologies completes 1-for-10 reverse stock split effective April 28
FOXO TECHNOLOGIES INC.
- Effective 4:01pm ET April 28, 2025, every 10 pre-split shares consolidated into 1 post-split share.
- Outstanding shares reduced from ~38.7M to ~3.87M; par value unchanged at $0.0001 per share.
- No fractional shares issued; holders of fractional shares receive rounded-up whole share.
- Stock continues trading under symbol FOXO on NYSE American; director and shareholder approvals obtained.