FOXO stock plunges to 52-week low, touches $0.39

FOXO Technologies Inc. (FOXO) stock has tumbled to a 52-week low, reaching a price level of just $0.39. This significant drop reflects a broader trend for the company, which has seen its shares plummet by an alarming 91.79% over the past year. With a market capitalization of just $2.58 million and a high beta of 3.56, the stock exhibits significant volatility. According to InvestingPro analysis, FOXO currently trades below its Fair Value. The steep decline in FOXO’s market value has been a cause for concern among investors, as the company grapples with challenges that have eroded shareholder confidence and market capitalization. The 52-week low serves as a stark indicator of the hurdles FOXO faces as it strives to stabilize its financial position and regain investor trust. The company’s current ratio of 0.11 and Price/Book ratio of 0.27 reflect these challenges. InvestingPro subscribers can access 13 additional key insights about FOXO’s financial health and market position.

In other recent news, FOXO Technologies Inc. announced a 1-for-10 reverse stock split of its Class A Common Stock, effective immediately. This strategic move, detailed in a filing with the U.S. Securities and Exchange Commission, consolidates every 10 shares into one, while maintaining the par value of $0.0001 per share. Additionally, FOXO Technologies has amended its Certificate of Incorporation to treat its Series D Preferred Stock as equity, rather than a liability. This change, filed in March 2025, removes the automatic conversion right, potentially enhancing the company’s financial reporting and balance sheet perception.

Furthermore, FOXO Technologies has approved several stock issuances following consent from a majority stockholder. These include issuing shares to ClearThink Capital Partners (WA:CPAP), LLC, and Jefferson Street Capital, LLC, as well as potential shares for a private note offering totaling up to $1.5 million. These actions comply with NYSE American LLC guidelines, as they involve issuing securities exceeding 20% of the current shares. These developments reflect FOXO Technologies’ ongoing financial restructuring and capital raising efforts.

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