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FOXO Technologies | 8-K: Current report

SEC announcement ·  Jan 26 06:26
Summary by Futu AI
On January 19, 2024, FOXO Technologies Inc. received a notice from NYSE Regulation indicating noncompliance with listing standards due to its audit committee not meeting independence and financial sophistication requirements. To address this, FOXO appointed Francis Colt deWolf III to its Board and various committees on January 23, 2024. Mr. deWolf, with over 20 years in financial services and experience in capital markets, is expected to help the company regain compliance. The company has until its next annual meeting or one year from the notice, or 75 days if the annual meeting is soon, to meet the requirements. FOXO Technologies also issued a press release on January 25, 2024, detailing the appointment and the notice of noncompliance.
On January 19, 2024, FOXO Technologies Inc. received a notice from NYSE Regulation indicating noncompliance with listing standards due to its audit committee not meeting independence and financial sophistication requirements. To address this, FOXO appointed Francis Colt deWolf III to its Board and various committees on January 23, 2024. Mr. deWolf, with over 20 years in financial services and experience in capital markets, is expected to help the company regain compliance. The company has until its next annual meeting or one year from the notice, or 75 days if the annual meeting is soon, to meet the requirements. FOXO Technologies also issued a press release on January 25, 2024, detailing the appointment and the notice of noncompliance.
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