FOXO TECHNOLOGIES INC. 8-K

What Happened
FOXO Technologies Inc. filed a Certificate of Amendment to implement a 1-for-3,000 reverse stock split, combining every 3,000 shares of Class A common stock into one share. The Company filed the amendment on June 25, 2026; the Reverse Stock Split became effective at 4:01 p.m. Eastern Time on June 30, 2026, and the common stock began trading on a post-split basis on July 1, 2026.

Key Details

• Reverse split ratio: 1-for-3,000 (every 3,000 shares → 1 share).
• Effective date/time: 4:01 p.m. ET, June 30, 2026; trading resumed post-split on July 1, 2026.
• New CUSIP for post-split shares: 351471602.
• Par value unchanged at $0.0001 per share. No fractional shares will be issued — any fractional result will be rounded up to the nearest whole share; no cash will be paid in lieu of fractions.
• Company issued a press release on July 1, 2026 announcing the split.

Why It Matters
The reverse split reduces the number of outstanding shares and correspondingly increases the per-share price (in proportion to the split ratio). It does not change a shareholder’s proportional ownership except for small rounding adjustments from fractional-share rounding. Investors should note the new share count basis and updated CUSIP when reviewing holdings, trading, or record-keeping after July 1, 2026.