24/7 Market News Snapshot 16 January, 2025 – FOXO Technologies Inc. (NYSE:FOXO)

January 16, 2025

DENVER, Colo., 16 January, 2025 (247marketnews.com) – (NYSE:FOXO) are discussed in this article.
FOXO Technologies Inc. has recently experienced a significant surge in its stock price, with shares jumping from a previous close of $0.199 to an impressive $0.266, reflecting a notable increase of approximately 33.40%. The company opened at $0.201, and trading volume climbed to an extraordinary 11.46 million shares, signaling heightened investor interest and confidence in its strategies and potential growth within the healthcare technology sector.

In addition to the stock surge, FOXO Technologies is preparing to hold a Special Meeting of its Shareholders on January 17, 2025, at 10:30 a.m. Eastern Standard Time. The meeting will take place virtually, following the filing of the Definitive Proxy Statement with the SEC. All shareholders on record as of January 3, 2025, are invited to participate and vote on essential proposals that are fundamental to the company’s evolution.

Seamus Lagan, CEO of FOXO, expressed optimism about the upcoming meeting, emphasizing the importance of shareholder engagement in driving the company’s growth trajectory and fulfilling commitments from recent acquisition agreements. Lagan noted, “We look forward to the continued support of our shareholders for this Special Meeting. This meeting will complete the obligations from the acquisition agreements that the Company has completed in recent months.”

Shareholders are encouraged to exercise their voting rights, with instructions accessible at www.cstproxyvote.com. Those attending the meeting live can log in using their unique control numbers. The Board of Directors is urging shareholders to approve the proposals detailed in the Proxy Card, as FOXO seeks to solidify its standing in the industry and create substantial value for all stakeholders through its innovative biotechnology and health service initiatives.

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