Brief: Foxo Technologies Enters Into Share Exchange Agreements To Acquire Healthcare Operations From Rennova Health, Inc.
14/06/2024 13:50
June 14 (Reuters) - Foxo Technologies Inc FOXO.A :
* 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
Source text for Eikon: ID:nGNE6C5PPF
Further company coverage: FOXO.A
((Reuters.Briefs@thomsonreuters.com;))
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