SplitJul 1, 2026, 04:07 PM
FOXO Technologies Implements 1-for-3,000 Reverse Stock Split
AI Summary
FOXO Technologies Inc. has completed a 1-for-3,000 reverse stock split of its Class A Common Stock, effective June 30, 2026. The company's shares began trading on a split-adjusted basis on July 1, 2026, under a new CUSIP number and a temporary trading symbol. The reverse split aims to increase the per share stock price to meet requirements for potential quotation on OTCQB or an up-listing to a recognized exchange, which the company believes will generate greater investor interest and liquidity.
Key Highlights
- Implemented a 1-for-3,000 reverse stock split of Class A Common Stock.
- Reverse Stock Split became effective at 4:01 p.m. ET on June 30, 2026.
- Common Stock began trading on a post-split basis on July 1, 2026, under CUSIP 351471602.
- Temporary trading symbol 'FOXOD' will revert to 'FOXO' around July 20, 2026.
- Fractional shares resulting from the split will be rounded up to the nearest whole share.
- Intended to increase per share stock price for potential OTCQB quotation or up-listing.
Price Impact
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