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FOXO Technologies (FOXO) has shared an update.
FOXO Technologies Inc. has announced significant acquisition deals involving Myrtle Recovery Centers and Rennova Community Health, with respective purchase prices of $500,000 and $20 million, paid primarily in shares with adjustments based on EBITDA discrepancies. These strategic moves, aimed at consolidating the company’s position in the healthcare sector, are subject to various closing conditions. Additionally, the company has issued shares to the Smithline Family Trust II in line with securities regulations, further indicating active efforts in expanding its financial and operational footprint.
Learn more about FOXO stock on TipRanks’ Stock Analysis page.