• FOXO Technologies shareholders authorized an amendment to the company’s certificate of incorporation to permit a reverse stock split of its Class A common stock at a ratio ranging from 1-for-1,000 to 1-for-10,000, with the final ratio set by the board.
• The board can implement the reverse split at any time before Nov. 30, 2026, or abandon it before filing the amendment.
• The move targets a higher per-share price from a stock that closed at USD 0.0001 on May 18, 2026, supporting a potential OTCQB quotation or an exchange uplisting effort.
• Common shares outstanding stood at 4,261,663,700 as of May 18, 2026; the split would reduce that to about 4,261,664 shares at 1-for-1,000 or about 426,166 shares at 1-for-10,000.
• Authorized Class A common stock would remain 25,000,000,000 shares, increasing the pool of authorized but unissued shares available for financings or other corporate uses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FOXO Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-024662), on May 20, 2026, and is solely responsible for the information contained therein.