FOXO Overview

FOXO Technologies Delisting: FOXO Technologies Inc. has received a notice from NYSE to commence delisting proceedings for its Class A common stock due to the share price falling below the minimum requirement of $0.10, leading to suspension from trading.

Transition to OTC Market: The company has applied to trade its common stock on the OTC market and has received confirmation that it can begin trading under the symbol "FOXO" as of August 13, 2025, while maintaining compliance with SEC reporting requirements.

Groupon's Financial Performance: Groupon, Inc. shares surged 27.7% in pre-market trading after reporting better-than-expected second-quarter earnings of 25 cents per share and raising its FY25 sales guidance.

Market Movements: Several stocks experienced significant pre-market trading changes, with notable gainers including CIMG Inc. (+69.5%) and Outset Medical, Inc. (+33.5%), while losers included Redwire Corporation (-22.8%) and Fortinet, Inc. (-19%).

Acquisition Announcement: FOXO Technologies Inc. has signed a non-binding agreement to acquire an assisted living and memory care facility in South Florida for approximately $22 million, which includes 87 licensed units. The acquisition is subject to due diligence and financing conditions.

Business Expansion Plans: The company aims to enhance its healthcare services by adding more assisted living facilities and is also close to finalizing the acquisition of Vector Biosource, Inc., while continuing to explore further opportunities in the assisted living and behavioral health sectors.

Partnership Announcement: FOXO Technologies Inc. announced that Big South Fork Medical Center in Tennessee has entered a Performance Network Agreement with Covenant Health to provide swing bed services for post-acute care patients.

Strategic Growth: The agreement aligns with FOXO's growth strategy, enhancing the hospital's revenue potential while offering patients closer access to recovery services within their communities.