Core Viewpoint - FOXO Technologies Inc. is holding a special shareholder meeting on January 17, 2025, to seek approval for several proposals related to acquisition transactions [1][2]. Shareholder Meeting Details - The special meeting will take place virtually at 10:30 a.m. EST, with a record date of January 3, 2025, allowing all shareholders of record on that date to vote [2]. - The main proposal involves the issuance of shares of Class A Common Stock upon conversion of Series A Preferred Stock, which may constitute a "Change of Control" as defined by NYSE American Rules [8]. Company Overview - FOXO operates three subsidiaries: - Foxo Labs, Inc., focused on biotechnology and improving human health through innovative technology [5]. - Myrtle Recovery Centers, Inc., a behavioral health facility providing various treatment services [5]. - Rennova Community Health, Inc., which operates a critical access hospital in East Tennessee [6]. CEO Statement - The CEO, Seamus Lagan, expressed the importance of shareholder support for the proposals and emphasized the company's focus on revenue growth and potential acquisition opportunities post-meeting [4].
FOXO TECHNOLOGIES INC.'S BOARD OF DIRECTORS ANNOUNCES SPECIAL MEETING OF SHAREHOLDERS