FOXO Technologies Announces Receipt Of Notice Of Non-Compliance With NYSE Continued Listing Requirements; Reaffirms Commitment To Regaining Compliance
Portfolio Pulse from Benzinga Newsdesk
FOXO Technologies has received a notice of non-compliance with NYSE continued listing requirements. The company has reaffirmed its commitment to regaining compliance.
June 14, 2024 | 6:47 pm
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NEGATIVE IMPACT
FOXO Technologies has received a notice of non-compliance with NYSE continued listing requirements. The company has reaffirmed its commitment to regaining compliance.
The notice of non-compliance from NYSE is a negative regulatory event that could lead to a decrease in investor confidence and potential selling pressure on the stock. However, the company's commitment to regaining compliance may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100