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FOXO Technologies Announces Acquisition of Florida Facilities

Story Highlights
  • FOXO announced a $60 million acquisition of two Florida assisted living facilities.
  • The acquisition aims to diversify FOXO’s healthcare services and add shareholder value.
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FOXO Technologies Announces Acquisition of Florida Facilities

FOXO Technologies ( (FOXO) ) has issued an announcement.

On February 24, 2025, FOXO Technologies Inc. announced a non-binding acquisition agreement for two assisted living facilities in Florida, valued at $60 million. The acquisition is expected to diversify FOXO’s healthcare offerings and create significant value for shareholders, with completion anticipated within 120 days, subject to due diligence and financing conditions.

More about FOXO Technologies

FOXO Technologies Inc. operates in the healthcare and biotechnology sectors, owning subsidiaries that manage a critical access hospital, a behavioral health facility, and a biotechnology company focused on improving human health and lifespan through advanced technology solutions.

YTD Price Performance: -29.31%

Average Trading Volume: 8,498,019

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.83M

Find detailed analytics on FOXO stock on TipRanks’ Stock Analysis page.

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