FOXO Technologies Inc. Faces Delisting from NYSE American Due to Low Stock Price; Moves to OTC Market
FOXO Technologies Inc., a Delaware corporation, announced on August 12, 2025, that its Class A Common Stock will be delisted from the NYSE American due to its low selling price, which fell below the $0.10 minimum threshold. Trading was suspended immediately by NYSE. The company has since received confirmation from FINRA's Department of Market Operations that its stock will trade on the OTC market under the symbol "FOXO" starting August 13, 2025. Additionally, FOXO Technologies disclosed that its board of directors determined previous financial statements from its Quarterly Report ended March 31, 2025, should not be relied upon due to an error related to the accounting for purchase price consideration in connection with its acquisition of Rennova Community Health, Inc. The company plans to amend its financial statements to address this issue.
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