FOXO Technologies files draft information statement on reverse stock split proposal

Reuters2026/08/14 20:34

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FOXO Technologies shareholders authorized a reverse stock split of Class A common stock, with the board to set the final ratio.
Split ratio range set at 1-for-50 to 1-for-1,000, with implementation deadline of June 30, 2027.
Transaction framed as support for a potential Nasdaq or NYSE American listing; board may abandon the split if conditions are not met.
Common stock outstanding stood at 1,658,116 shares as of Aug. 13, 2026, reflecting a 1-for-3,000 reverse split effective June 30, 2026.
Illustrative post-split pricing based on the Aug. 13, 2026 close of USD 0.08 implies about USD 3.99 at 1:50, USD 39.9 at 1:500.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FOXO Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-038352), on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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FOXO Technologies files draft information statement on reverse stock split proposal

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