- FOXO Technologies Inc. (FOXO, Financial) has filed its Annual Report on Form 10-K for fiscal year 2024, including a going concern warning.
- The company completed strategic acquisitions of Myrtle Recovery Centers, Inc. and Rennova Community Health, Inc. in 2024.
- FOXO is optimistic about growth prospects for 2025 despite facing challenges in 2024.
FOXO Technologies Inc. (FOXO) announced the filing of its Annual Report on Form 10-K for the fiscal year 2024 with the Securities and Exchange Commission on April 15, 2025. The report includes an audit opinion with a going concern explanatory paragraph, indicating uncertainty about the company's ability to continue operations. This disclosure complies with the NYSE American Company Guidelines Sections 401(h) and 610(b).
CEO Seamus Lagan referred to 2024 as a key transition year, during which the company successfully completed the acquisitions of Myrtle Recovery Centers, Inc., a behavioral health business, and Rennova Community Health, Inc., which operates rural hospitals in Tennessee. These strategic moves are seen as pivotal for FOXO's growth strategy.
Looking ahead to 2025, FOXO is optimistic about growth opportunities arising from both existing operations and potential new acquisitions. The company believes it is well-positioned to leverage these opportunities despite the challenges faced in the previous year.
