FOXO Technologies Inc (FOXO) Cotización

Very nice turn of events here! 

$RNVA ==>$FOXO $$$$$$$$

Oh she sounds horrrrrible...“As previously announced, we have this Special Meeting and an Annual General Meeting (AGM) to complete before the year end,” said Mark White, Interim CEO of FOXO. “We look forward to the continued support of our shareholders as we come to the end of what has been a successful and transformatory year for our Company.”

imho
mjw

Today is the meeting date. Please update us first

Good luck with that. Seems a whole lot of folks are suffering from confirmation bias. From a rational standpoint, RNVA share will never come off EM. Delinquent filings continue to pile up quarter after quarter and it looks like management took care of itself and left common holding the bag on this FOXO deal which, based on this meeting, is the latest incarnations of another share printing reverse split vehicle. History has a nasty habit of repeating itself in this OTC den of iniquity.

Moe
I bet on RNVA Im a Gambler if that happens just like FFGO i'm in the forgotten Titanic mailroom
RNVA would just have to go to .0004 for me to break even. I did get caught in Reverse splits and I haven't died waiting yet like Jeff Skillings.

You know those are gone, don't you? Unless you can find one sentence in all the recent filings between FOXO and RNVA that makes any mention of legacy shareholder in RNVA and how their shares will be impacted, I will reconsider the notion that RNVA shares are gone. This challenge requires positive proof that details how RNVA shares factor into this reverse merger. This is a rare case where absense of evidence is indeed evidence of absense. Hitchens's razor.

Moe
I dont have any shares I sold the few I had. Just have shares in RNVA.

Dingdong, are you voting "yes" or "no". In your speak, it sounds like a shit sandwich and your given a choice on what end to bite. Are you aware or the details and the potential impact of your vote?

Debt-to-Equity Conversion: The company entered an exchange agreement to convert approximately $1.945 million of debt into equity, involving up to 11,288,568 new shares of Class A Common Stock. Issuing these shares to settle debt will dilute existing shareholders by increasing the total shares outstanding.

Equity Line of Credit: FOXO secured a $5 million equity line of credit from ClearThink Capital Partners, requiring shareholder approval to issue up to 40 million additional shares. Drawing on this credit will result in the issuance of shares proportional to the funds accessed, diluting existing shareholder equity with each draw.

Institutional Debt Funding: The company also received $1 million of a $2.5 million debt facility, with plans to issue up to 30,800,000 shares to convert the notes to equity. Each conversion dilutes current shareholders based on the conversion ratio and stock price at the time of issuance.

Current free-trading shares: 13,631,554
Maximum new shares issued: 82,088,568
Potential total free-trading shares: 95,720,122
This represents an increase of approximately 602% in the total number of free-trading shares, resulting in significant dilution for existing shareholders.

While voting in favor of the proposals might temporarily stabilize the company's operational outlook, FOXO’s history of underperformance and dilution leaves little reason to believe that holding shares post-vote will yield meaningful financial returns. Existing shareholders might consider selling their positions before further dilution takes effect, preserving their capital for more reliable investment opportunities.

For the math challenged, the fully diluted impact on the price per share equates to an in substance 1 for 7 stock split based on the current O/S and the share price of .5191.

In texas
They use to hang Horse thieves in Texas, in New York they fall out of the 53 floor of a building with a forged suicide note attached

We're voting in the coming days! 😀
$RNVA ==>$FOXO $$$$$$$$

FOXO..........................https://stockcharts.com/h-sc/ui?s=FOXO&p=W&b=5&g=0&id=p86431144783

R/S Coming.. 1:4 and 1:100. Not Good..

Bro FOXO is running now. Value is already being unlocked. Just the start.

If there ends up being value to unlock I will be here as long as it takes. :)

Imho
Mj

The problem is alot of it is computers (AI) They set the prices if you take a look at valuation of some while others are out of wack I'm not sure what can be done about it I'm not a finacial expert so I would yield to somebody smarter thats honest and wants a fair free market right now its control Them saying they want to go asset backed I think is somewhat bs unless they want to revalue Assets and that would create alot of problems environmentally unless they followed environmental regulations instead of eating and deleting with no thoughts of the future generations

Zorch I agree
Everybody on the OTC has starved to death for years so what should be the penalty when the thieves are all caught

If that's the case then RNVA can be delayed until next September. 

I wonder if they are doing that to get the price up, shrink up the outstanding and float to next to nothing and then somehow work RNVA shares into the fold here?

imho
mj

FOXO TECHNOLOGIES INC.’S BOARD OF DIRECTORS ANNOUNCES SPECIAL MEETING OF SHAREHOLDERSMINNEAPOLIS, MN, Nov. 18, 2024 (GLOBE NEWSWIRE) -- FOXO Technologies Inc. (NYSE American: FOXO) (the “Company” or “FOXO”), will hold a Special Meeting of its Shareholders at 10.30am EST on Friday, November 29, 2024.The Board of Directors of the Company has authorized a virtual meeting of its shareholders (the “Special Meeting”) to be held on Friday, November 29, 2024, at 10:30 a.m. Eastern Standard Time to approve several proposals. The record date was November 15, meaning that all shareholders of record on November 15, 2024, will be entitled to vote on the approvals requested.The Company has several approvals it requires from its shareholders as a result of transactions entered into and plans to hold this Special Meeting, followed by an Annual General Meeting for 2024, details of which will follow in the coming weeks.At the Special Meeting, shareholders will be asked to vote on the following approvals. (full details of the approvals are included in our Definitive Proxy Statement filed with the SEC) on November 15, 2024, as amended.Shareholder Proposals:1. Until recently the Company was at risk of the trading price of its Class A Common Stock falling below the $0.10 minimum requirement for NYSE American continued listing requirements and the Board of Directors determined it was prudent and necessary to ask the shareholders to approve a reverse stock split of our issued and outstanding Class A Common Stock any time before September 30, 2025, at a ratio ranging from one-for-five (1:5) to one-for-one hundred (1:100) (the “Reverse Split”) with the exact ratio within such range to be determined at the sole discretion of the Company’s Board of Directors, without further approval or authorization of our stockholders before the filing of an amendment to the Certificate of Incorporation effecting the proposed Reverse Split. In the event the Company’s share price does not risk triggering the $0.10 minimum requirement for NYSE American continued listing requirements the Board of Directors may decide not to complete a reverse split.2. The Company has entered into an Exchange Agreement with a debt holder who it has been unable to repay, and the Company desires to have the debt holder exchange their debt to equity. The Company is asking its shareholders to approve, for purposes of complying with NYSE American Rule 713, the issuance of shares of Class A Common Stock in an amount equal to or in excess of 20% of our Class A Common Stock that was outstanding immediately prior to the Exchange Agreement when it was entered into but not exceeding 11,288,568 shares. The debt outstanding was approximately $1,945,000 at September 30, 2024. The quantity and value of Class A Common Stock the Company will be required to issue will be related directly to the debt exchanged to equity on the date exchanged.3. The Company has entered into an agreement with ClearThink Capital Partners, LLC that will give the Company access to a $5 million Equity Line of Credit the Company can draw on if needed to support the business objectives of the Company. The Company is asking its shareholders to approve, for purposes of complying with NYSE American Rule 713, the issuance of shares of Class A Common Stock in an amount equal to or in excess of 20% of our Class A Common Stock outstanding immediately prior to such issuance in connection with the Strata Purchase Agreement dated October 13, 2023 with ClearThink Capital Partners, LLC (“ClearThink”), as supplemented by the Supplement to Strata Purchase Agreement, dated as of October 13, 2023, and as amended, with ClearThink Capital Partners, LLC (the “Strata Purchase Agreement”) whereby ClearThink agreed to purchase up to $5,000,000 of shares of our Class A Common Stock and in connection with the Finder’s Fee Agreement, dated as of October 9, 2023, as amended (the “Finder Agreement”), with J.H. Darbie & Co., Inc., a registered broker-dealer (the “Finder”) but not exceeding 40,000,000 shares. The quantity and value of Class A Common Stock the Company will be required to issue will be related directly to the cash it draws from the Equity Line of Credit, if used, on the date drawn.4. The Company entered into an agreement with an institutional investor to receive up to $2.5 million in debt funding. The Company has received $1 million at this time and is asking its shareholders to approve, for purposes of complying with NYSE American Rule 713, the issuance of shares of Class A Common Stock in an amount equal to or in excess of 20% of our Class A Common Stock outstanding immediately prior to such issuance in connection with the Securities Purchase Agreement (the “SPA”) with an institutional investor (the “Purchaser”) pursuant to which the Company agreed to issue to the Purchaser and subsequent purchasers who will also be parties to the SPA (the Purchaser, together with the purchasers, the “Purchasers”) Senior Notes in the aggregate principal amount of up to $2,800,000 (each a “Note” or, together, the “Notes”) but not exceeding 30,800,000 shares. The quantity and value of Class A Common Stock the Company will be required to issue will be directly to the value of debt converted to equity on the date concerted.5. To approve the adjournment of the Special Meeting, if necessary or advisable, to solicit additional proxies in favor of the foregoing proposals if there are not sufficient votes to approve the foregoing proposals; and6. Such other matters as may properly come before the Special Meeting or any lawful adjournment or postponement thereof.“We have had a productive year to date and continue to take all steps necessary to ensure we build FOXO into a successful company,” said Mark White, Interim CEO of FOXO, “we look forward to the continued support of our shareholders and ask that they support the approvals requested”
About FOXO Technologies Inc. (“FOXO”)FOXO owns and operates three subsidiaries.Foxo Labs, Inc. is a biotechnology company dedicated to improving human health and life span through the development of cutting-edge technology and product solutions for various industries.Myrtle Recovery Centers, Inc., a 30-bed behavioral health facility in East Tennessee. Myrtle provides inpatient services for detox and residential treatment and outpatient services for MAT and OBOT Programs.Rennova Community Health, Inc., owns and operates Scott County Community Hospital, Inc. (d/b/a Big South Fork Medical), a critical access designated (CAH) hospital in East Tennessee.For more information about FOXO, visit www.foxotechnologies.com.Forward-Looking StatementsThis press release contains certain forward-looking statements for purposes of the “safe harbor” provisions under the United States Private Securities Litigation Reform Act of 1995. Any statements other than statements of historical fact contained herein, including statements about the delisting of the Warrants from NYSE American, trading of the Warrants in the over-the-counter market, the continued listing of the Company’s Class A common stock on NYSE American, and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning, but the absence of these words does not mean that a statement is not forward-looking. Any such forward-looking statements are based upon the current beliefs and expectations of the Company’s management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the Company’s control. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the possibility that the Plan will not be accepted by NYSE American, the Company will be unable to satisfy other continued listing requirements of NYSE American for its Class A common stock to maintain the listing of the Class A common stock on NYSE American; the risk of changes in the competitive and highly regulated industries in which FOXO operates; variations in operating performance across competitors or changes in laws and regulations affecting FOXO’s business; the ability to implement FOXO’s business plans, forecasts, and other expectations; the ability to obtain financing; the risk that FOXO has a history of losses and may not achieve or maintain profitability in the future; potential inability of FOXO to establish or maintain relationships required to advance its goals or to achieve its commercialization and development plans; the enforceability of FOXO’s intellectual property, including its patents and the potential infringement on the intellectual property rights of others; and the risk of downturns and a changing regulatory landscape in the highly competitive biotechnology industry or in the markets or industries in which FOXO operates, including the highly regulated insurance industry. The foregoing list of factors is not exhaustive. Readers should carefully consider the foregoing factors and the other risks and uncertainties discussed in FOXO’s most recent reports on Forms 10-K and 10-Q, particularly the “Risk Factors” sections of those reports, and in other documents FOXO has filed, or will file, with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and FOXO assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.Contact:
Crescendo Communications, LLC
(212) 671-1020
foxo@crescendo-ir.comhttps://www.globenewswire.com/newsroom/ti?nf=OTI3NTQ0NyM2NTg3ODcxIzUwMDEyOTAzMQ==
https://ml.globenewswire.com/media/YTFkNWZhMGYtMTA1Ni00YTlmLTg1ZDMtOGFiMWIyNmY3ZjU5LTUwMDEyOTAzMQ==/tiny/FOXO-Technologies-Inc-.pngSource: FOXO Technologies Inc. © 2024 GlobeNewswire, Inc.Back to News HeadlinesOther Financial InformationRecent News & Disclosure FilingsRecent SEC Filings
SECURITIESOther FOXO Technologies Inc. SecuritiesFOXOW
DAILY ADVANCERSUNTCW+ 66.67 %GLNK+ 35.23 %USGDF+ 31.21 %YERBF+ 29.23 %ARGHF+ 27.25 %

Dang, the share count is next to nothing and they're going to R/S this between 1:4 and 1:100. 

https://www.otcmarkets.com/stock/FOXO/news/story?e&id=3050246



LCJR

I shouldnt say both end because the gov is a mafia too

mafia wants us all neutered with tits if your a guy too so were getting it from both ends

Thats why 911 happened to cover up the thievery regulators are in on it too CIA and all gov mostly bet you wont find very many not using AI to trade right now its battle of the AI they talk of 6000 patents and new tech being releaed in the new republic where is it all in Europe Middle east(isreal) and China alot was stolen from USA too

Economic slavery warfare

Add in all the counterfeting of the money supplyi 10X over just the last decade at least the rich are in on racket too mostly keep the poor man down and working for peanuts because they exported all the jobs overseas where its slave wages

That with consciousness spirit controllers that make you sell at wrong time

I watched it go on with plenty of these penny plays thats why the common investor like me who trades by computer without AI is still broke

They should outlaw AI trading they make markers too instead of real share but its getting curtailed but I'm sure there is ways around it they work in conjuction with shorters to or just let AI do the shorting its a racket that is ruining the market

AI Stole all the money put in here

The watch the short FUDs do the diggy shuffle

Get the price up with earnings & cancel the reverse

https://www.sec.gov/Archives/edgar/data/1812360/000149315224046350/formdef14a.htm

https://www.sec.gov/Archives/edgar/data/1812360/000149315224045952/formnt10-q.htm

Should get the 10Q tomorrow or the -NT 5 day extension

Just a little downtrend. No more, no less!

foxo........................https://stockcharts.com/h-sc/ui?s=FOXO&p=W&b=5&g=0&id=p86431144783

$FOXO Agreed, It was halted Earlier... looks like either
a. Large group shorting , may get squeezed
or
b. an initial buyer sold about 9 Million shares.
--
more than likely A. so let them suffer as it is holding and consolidating now.

A Nice Re-entry Point! Unexpected!

Why?

NOTE
LiquidityNews
@LiquidityNews
·
15s
Automated
Trading Halted for $FOXO FOXO Technologies Inc. Class A Common Stock | at 11:31:18 ET on AMEX | Volatility Trading Pause | 2024-11-12 https://finance.yahoo.com/quote/FOXO #tradinghalt

Incredible

This aged well

Heavy Gun Fire!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175369935

FOXO.....................................https://stockcharts.com/h-sc/ui?s=FOXO&p=W&b=5&g=0&id=p86431144783

Keep Your Eyes Open!
https://www.tipranks.com/news/3-penny-stocks-to-watch-now-11-12-24

Yeah, I want more also.

This one is probably done for awhile

Invest ...you got a 1 BILLION campaign budget, LOST and now 20 MILLION in debt. Way to blow your money on two bit celebrities and concerts that don't happen. And they were gonna "FIX" the economy they broke?! GOOD RIDDANCE pedo's..

When FOXO earnings? 👀