FOXO Technologies Inc. (NYSE American: FOXO) (the “Company” or “FOXO”) announces it has entered into two share exchange agreements with Rennova Health, Inc., an OTC listed company (“Rennova”) (OTC: RNVA). In the first agreement, equity in Myrtle Recovery Centers, Inc., Rennova’s behavioral health services subsidiary, will be exchanged for $500,000 of common stock in FOXO, subject to adjustments. In the second agreement, equity in Rennova Community Health, Inc., which owns and manages Scott County Community Hospital, Inc. (d/b/a Big South Fork Medical Center), a critical access hospital, will be exchanged for $20 million of convertible preferred stock to be designated.
Read the full article: FOXO Technologies Enters into Share Exchange Agreements to Acquire Healthcare Operations from Rennova Health, Inc. //
Source: https://www.globenewswire.com/news-release/2024/06/14/2898968/0/en/FOXO-Technologies-Enters-into-Share-Exchange-Agreements-to-Acquire-Healthcare-Operations-from-Rennova-Health-Inc.html