FOXO delisted from NYSE American; board restates Q1 2025 financials for $5.1M error

FOXO TECHNOLOGIES INC.

NYSE American commenced delisting on Aug 12, 2025 due to stock price below $0.10; trading suspended immediately.
Company transferred to OTC market; trading under symbol FOXO began Aug 13, 2025.
Board concluded Q1 2025 financials should no longer be relied upon due to error in accounting for RCHI acquisition price consideration.
Correction requires recording additional $5.1M liability and goodwill as of March 31, 2025, increasing total assets and liabilities.
No impact on income statement or cash flows; Company plans to file amended 10-Q.

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