FOXO Technologies files draft information statement on reverse stock split proposal

FOXO Technologies filed a draft information statement on a reverse stock split proposal.

• 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.