---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-002872"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:37:39.559380+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xos to acquire ElectraMeccanica in all-stock deal; ElectraMeccanica shareholders to own ~21%

## Summary
- Expected closing in H1 2024; ElectraMeccanica cash balance ~$48.5M at closing.
- Xos delivered record 110 units in Q4 2023 (90% YoY growth); ~12% GAAP gross margin in Q3 2023.
- Combined board: nine directors, six from Xos (including co-founders) and three from ElectraMeccanica.
- All-stock transaction; ElectraMeccanica shareholders receive Xos shares representing ~21% of pro forma company.
- Transaction unanimously approved by both boards; subject to shareholder and court approvals.

## SEC filing metadata
- accession: 0001213900-24-002872
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819493/000121390024002872/0001213900-24-002872-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000121390024002872/ea191503-8k_xosinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-002872
- JSON: https://secwatch.observer/filing/0001213900-24-002872.json
- Plain text: https://secwatch.observer/filing/0001213900-24-002872.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
