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BRIEF-Foxo Technologies Enters Into Share Exchange Agreements To Acquire Healthcare Operations From Rennova Health, Inc.
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BRIEF-Foxo Technologies Enters Into Share Exchange Agreements To Acquire Healthcare Operations From Rennova Health, Inc.
Jun 14, 2024 6:16 AM

June 14 (Reuters) - Foxo Technologies Inc ( FOXO ):

* FOXO TECHNOLOGIES ENTERS INTO SHARE EXCHANGE AGREEMENTS TO

ACQUIRE HEALTHCARE OPERATIONS FROM RENNOVA HEALTH, INC.

* IN FIRST AGREEMENT, EQUITY IN MYRTLE RECOVERY CENTERS TO

BE

EXCHANGED FOR $500,000 OF COMMON STOCK IN FOXO, SUBJECT TO

ADJUSTMENTS

* EQUITY IN RENNOVA COMMUNITY HEALTH WILL BE EXCHANGED FOR

$20

MILLION OF CONVERTIBLE PREFERRED STOCK TO BE DESIGNATED

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