FOXO Technologies (FOXO, Financial) has disclosed the completion of a reverse stock split at a 1-for-10 ratio. This action took effect at 4:01 p.m. Eastern Time on April 28, 2025. Following this adjustment, FOXO's common stock is set to begin trading on a split-adjusted basis starting Tuesday, April 29, 2025, under the same ticker symbol, FOXO.
This reverse stock split significantly decreases the number of available shares of FOXO's common stock. The total will shrink from around 38.7 million shares before the split to about 3.87 million shares afterward.
