Foxo Technologies Inc (FOXO)

[moe_the_gyp01]

Money Hunt, this might help you to get a better understanding of the history and formation of FOXO and hopefully disabuse you of any notion that this company was ever a 100.00 company, a notion that you came up with whereby you failed to realize and take into account that there was a 1 for 10 reverse split shortly after it took a huge hit in the wake of a less than rosy earnings release.

Why is it that the harshest critics of a stock always produce the most reliable DD?

https://tech.mn/news/2022/03/03/foxo-technologies-plans-public-debut-with-spac-merger

https://www.startribune.com/foxo-technologies-minneapolis-warns-of-possible-bankruptcy-lays-off-employees-biotech-startup/600291974/?refresh=true

https://www.streetinsider.com/Corporate+News/FOXO+Tech+%28FOXO%29+Class+A+Common+Stock+to+Resume+Trading+in+Connection+with+1-for-10+Reverse+Stock+Split/22372009.html#:~:text=FOXO%20Technologies%20Inc.%20(NYSE%20American:%20FOXO)%20(%E2%80%9CFOXO%E2%80%9D,connection%20with%20a%201%2Dfor%2D10%20reverse%20stock%20split

I bet another RS is on the way to meet the minimum stock price to continue to maintain a listing on the NYSE:

Financial Standards Standard 1 Standard 2

Market Value of Public Float $3 million $15 million
Stockholders Equity $4 million $4 million
Minimum Price $3 $3
Operating History - 2 years