Foxo Technologies Inc (FOXO)

[moe_the_gyp01]

Maybe the inescapable fate of the Delisting Requirements Action when a company fails to maintain a bid above 3.00 is starting to sink in among the most ardent supporters of this trash. It would seem that yet another rs is in the works. It would seem that no less than a 1 for 15 reverse split must be approved. It could be even more, maybe 1 for 20 or higher. These guys will probably swing for the fences and go for 1 for 50 to be on the safe side. The max is 1 for 100 allowable for an NYSE-listed security,



NYSE American Listing Requirements
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