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FOXO Technologies ( (FOXO) ) has provided an announcement.
FOXO Technologies Inc. has issued a new Series A Cumulative Convertible Redeemable Preferred Stock, detailing its rights and preferences, including voting privileges and dividend entitlements. Additionally, the company is negotiating with Illumina, Inc. to settle a debt of $821,670.40 by potentially exchanging it for equity. It also plans to resolve outstanding legal actions related to 15% Senior Promissory Notes by converting them into Series B Cumulative Convertible Redeemable Preferred Stock, aligning with NYSE American listing rules.
Learn more about FOXO stock on TipRanks’ Stock Analysis page.
