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FOXO Technologies Inc. - FOXO STOCK NEWS

Welcome to our dedicated page for FOXO Technologies news (Ticker: FOXO), a resource for investors and traders seeking the latest updates and insights on FOXO Technologies stock.

FOXO Technologies Inc. (symbol: FOXO) is leading the charge in transforming the global longevity and life insurance industries through cutting-edge epigenetic technology and AI-driven solutions. Founded under the names Yousurance and Life Epigenetics, the company has redefined how we understand and measure health and aging.

FOXO’s core business revolves around commercializing longevity science by utilizing epigenetic biomarkers to assess the biological age and health status of individuals. This revolutionary approach not only impacts life insurance underwriting protocols but also engages consumers directly through an advanced platform.

With a focus on DNA methylation, FOXO leverages supervised machine learning and artificial intelligence to pinpoint molecular signs of aging and health conditions. This enables more accurate risk assessment and personalized health insights, setting new standards in the insurance sector.

Recent achievements include groundbreaking advancements in epigenetic research and the integration of AI to enhance the precision of health evaluations. The company's current projects aim to further refine these technologies and expand their application range, ensuring they remain at the forefront of innovation in their field.

Financially, FOXO Technologies Inc. is committed to sustained growth and solidifying its market presence through strategic partnerships and continual investment in research and development. Their collaborations with leading scientific institutions and industry partners underscore their commitment to excellence and innovation.

Stay updated with the latest news and developments to see how FOXO Technologies Inc. continues to shape the future of longevity and health insurance.

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FOXO Technologies Inc. (NYSEAM: FOXO) has launched its beta version of the FOXO Longevity Report, a direct-to-consumer wellness product. This innovative report utilizes epigenetic biotechnology and AI to analyze saliva samples, offering health insights across metabolism, inflammation, cardiovascular health, and indulgences. By examining nearly one million sites in the epigenome, the report provides a detailed health assessment, surpassing traditional genetic analysis methods. Interim CEO Tyler Danielson emphasized the report's potential for personal health improvement and the company's commitment to advancing health outcomes through technology. The Longevity Report is now available for purchase, with early adopters receiving product upgrades and insights at no additional cost. FOXO aims to leverage extensive epigenetic data sets to optimize healthspan and lifespan.

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FOXO Technologies Inc. announced the resignation of Chief Operating Officer Taylor Fay, effective April 28, 2023. Interim CEO Tyler Danielson praised Fay's leadership, stating the company benefited from his contributions. Fay expressed pride in his time at FOXO and remains supportive of the company's future. FOXO specializes in epigenetic biomarkers related to health and aging, aiming to enhance human longevity through innovative biotechnology solutions. The company applies AI to DNA methylation for health assessments, positioning itself within the life insurance industry among others.

In this announcement, FOXO emphasizes its commitment to leveraging scientific advancements for improved health outcomes, although there are inherent risks associated with the biotechnology sector.

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FOXO Technologies Inc. (NYSEAM: FOXO) reported financial results for the full year 2022, emphasizing a strategic reassessment to optimize its life insurance offerings through epigenetic science. Interim CEO Tyler Danielson highlighted efforts to realign operations and reduce costs, increasing access to liquidity after selling a non-core regulated insurance entity for over $4.7 million. The company has initiated sales of the FOXO Longevity Report™ in partnership with life insurance products and established relationships with over 3,000 independent agents. A conference call scheduled for March 30, 2023, will discuss these results.

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FOXO Technologies Inc. (AMEX: FOXO) is set to report its financial results for the fourth quarter and full year ended December 31, 2022, after market close on March 30, 2023. The management will host a conference call at 3:15 p.m. Central time on the same day to discuss these results and recent business updates. Interested parties can access the call via webcast or by dialing in. FOXO specializes in commercializing epigenetic biomarkers to modernize the life insurance industry, employing artificial intelligence to analyze DNA methylation for health and aging insights.

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FOXO Technologies Inc. (FOXO) has partnered with AmSuisse to enhance its insurance distribution through AmSuisse’s network of over 3,000 agents across 48 states. This collaboration aims to provide life insurance products accompanied by the FOXO Longevity Report, designed to improve client longevity and well-being. FOXO's Chief Distribution Officer, Jim Grauel, expressed excitement about reaching new markets, while AmSuisse’s CEO, Josh Hamann, highlighted the program's innovative, science-based approach to life insurance for independent agents.

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FOXO Technologies Inc. (NYSEAM: FOXO) has filed its Form 10-Q for the third quarter ended September 30, 2022, after initially delaying it to review the accounting treatment of certain warrants and Series A Preferred Stock. The company confirmed that the accounting treatment was appropriate. Despite macro challenges, FOXO launched its first Longevity Report and an automated epigenetic testing system while integrating with two partners. The interim CEO expressed confidence in the company's direction, emphasizing innovation and adaptability to enhance user experience. FOXO has postponed its Q3 earnings call, planning instead for a Q4 update.

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FOXO Technologies Inc. has announced significant changes in its executive leadership as of November 14, 2022. Jon Sabes has been terminated as CEO and Chairman of the Board. Tyler Danielson, previously Chief Technology Officer, has been appointed Interim CEO, while Bret Barnes takes over as Chairman. The company is in the process of searching for a permanent CEO. Additionally, Steve Sabes has been terminated as COO. FOXO plans to file for an extension with the SEC for its quarterly report for the period ending September 30, 2022.

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FOXO Technologies Inc. (AMEX: FOXO) announced the resignation of Chief Product Officer Erin Sharoni effective November 9, 2022. The company expressed gratitude for her leadership, particularly regarding the FOXO Longevity Report. FOXO Technologies focuses on applying epigenetic science and AI to modernize the life insurance sector through innovative products and services aimed at improving underwriting processes and consumer value.

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FAQ

What is the current stock price of FOXO Technologies (FOXO)?

The current stock price of FOXO Technologies (FOXO) is $0.2755 as of December 23, 2024.

What is the market cap of FOXO Technologies (FOXO)?

The market cap of FOXO Technologies (FOXO) is approximately 5.1M.

What does FOXO Technologies Inc. specialize in?

FOXO Technologies Inc. specializes in applying epigenetic technology and AI to transform the life insurance industry through advanced risk assessment and consumer engagement.

How does FOXO's technology work?

FOXO uses DNA methylation and AI to identify molecular biomarkers that reveal insights into an individual's health and aging, allowing for more accurate underwriting in life insurance.

What are epigenetic biomarkers?

Epigenetic biomarkers are molecular signs found in DNA that indicate current health status and biological age, which FOXO utilizes to enhance life insurance underwriting.

How is FOXO Technologies Inc. impacting the life insurance industry?

By employing epigenetic technology and AI, FOXO is revolutionizing life insurance underwriting, making it more precise and personalized.

What are some recent achievements of FOXO Technologies Inc.?

Recent milestones include advancements in epigenetic research, development of AI-driven health assessments, and strategic partnerships to enhance their technology platform.

What is FOXO Technologies Inc.’s approach to consumer engagement?

FOXO engages consumers through a platform that provides personalized health insights based on epigenetic biomarkers, enhancing their understanding of personal health and longevity.

Who are FOXO Technologies Inc.'s partners?

FOXO collaborates with leading scientific institutions and industry partners to advance their research and technology applications in the life insurance sector.

What is DNA methylation?

DNA methylation is a biological process where methyl groups are added to DNA, affecting gene expression without altering the DNA sequence. FOXO uses this process to identify health biomarkers.

Where is FOXO Technologies Inc. headquartered?

FOXO Technologies Inc. is headquartered in Minneapolis, as indicated in their latest news release.

What is the future outlook for FOXO Technologies Inc.?

FOXO is focused on continued innovation in epigenetic technology and AI, aiming for sustained growth and expanded applications in the life insurance industry.

FOXO Technologies Inc.

NYSE:FOXO

FOXO Rankings

FOXO Stock Data

5.09M
14.12M
12%
2.26%
0.39%
Health Information Services
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United States of America
MINNEAPOLIS