NYSE American has commenced delisting proceedings in the FOXO WS warrants of FOXO Technologies
On May 15, 2023 NYSE American provided written notice to FOXO Technologies that NYSE American had halted trading in the company’s warrants, each exercisable for one share of the company’s Class A common stock at an exercise price per share of $11.50, ticker symbol FOXO WS, on NYSE American due to the low trading price of the Warrants.
On May 16, 2023, NYSE American provided written notice to the company and publicly announced that NYSE Regulation has determined to commence proceedings to delist the Warrants and that the Warrants are no longer suitable for listing pursuant to Section 1001 of the NYSE American Company Guide due to the low trading price of the Warrants.
Trading in the company’s Class A common stock, ticker symbol FOXO, will continue on NYSE American.
As of May 17, 2023, the Warrants that previously traded on the NYSE American under the symbol FOXO WS may be quoted and traded in the over-the-counter market.