WEST PALM BEACH, FLORIDA, Aug. 13, 2025 (GLOBE NEWSWIRE) -- FOXO Technologies Inc. (“FOXO” or the “Company”) announces that it has received a letter from NYSE on August 12, 2025 confirming that NYSE Regulation has determined to commence proceedings to delist the Class A common stock of FOXO (Ticker symbol FOXO) from NYSE American, pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the low selling price of the Class A commons stock. The share price went below the NYSE minimum price of $0.10 on August 12, 2025 and was immediately suspended from trading by NYSE.
Related Questions
How will the transition to OTC trading affect the stock’s liquidity and bid‑ask spreads?
What is the expected price volatility immediately following the delisting and suspension?
What is the timeline and process for re‑listing on a major exchange, if any?
How does this delisting compare to recent similar cases in the sector and what were the outcomes?
What are the potential tax or regulatory implications for investors holding the shares after the move to OTC?
Will the company’s financial reporting and disclosure standards change now that it is trading OTC?
How might the delisting affect the company’s ability to raise capital in the future?
Will there be a reverse stock split or other corporate actions to address the low share price?
How might the delisting impact existing institutional positions and margin requirements?
Are there any redemption or tender offer plans for shareholders in response to the delisting?