FOXO TECHNOLOGIES INC. ANNOUNCES EXECUTION OF A NON-BINDING ACQUISITION AGREEMENT FOR AN ASSISTED-LIVING FACILITY IN SOUTH FLORIDA FOR A TOTAL CONSIDERATION OF $22 MILLION
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2025
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Source: Newsfilter
Acquisition Announcement: FOXO Technologies Inc. has signed a non-binding agreement to acquire an assisted living and memory care facility in South Florida for approximately $22 million, which includes 87 licensed units. The acquisition is subject to due diligence and financing conditions.
Business Expansion Plans: The company aims to enhance its healthcare services by adding more assisted living facilities and is also close to finalizing the acquisition of Vector Biosource, Inc., while continuing to explore further opportunities in the assisted living and behavioral health sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
