---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-003084"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:01:16.420269+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Xos to acquire ElectraMeccanica in stock deal; Xos stockholders to own ~79%

## Summary
- Xos will acquire all ElectraMeccanica shares; Xos stockholders own ~79%, ElectraMeccanica shareholders ~21% of combined company.
- Termination fee of $6M payable by either party under specified conditions; deal must close by June 30, 2024.
- Two to three ElectraMeccanica directors to join Xos board after closing.
- Transaction subject to shareholder approvals, court order, Nasdaq listing of consideration shares, and customary conditions.

## SEC filing metadata
- accession: 0001213900-24-003084
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819493/000121390024003084/0001213900-24-003084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000121390024003084/ea191507-8k_xosinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-003084
- JSON: https://secwatch.observer/filing/0001213900-24-003084.json
- Plain text: https://secwatch.observer/filing/0001213900-24-003084.txt

## Key facts
- Material Agreements
  Xos, Inc. entered into Arrangement Agreement with ElectraMeccanica Vehicles Corp. (effective 2024-01-11).
  - Action: entry
  - Agreement: merger
  - Counterparty: ElectraMeccanica Vehicles Corp.
  - Effective: 2024-01-11
  source text: On January 11, 2024, Xos, Inc., a Delaware corporation (“Xos”), and ElectraMeccanica Vehicles Corp., a corporation existing under the laws of the Province of British Columbia (“ElectraMeccanica”), entered into an arrangement agreement (the “Arrangement Agreement”), pursuant to which Xos will acquire all of the issued and outstanding common shares of ElectraMeccanica
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000121390024003084/0001213900-24-003084-index.htm

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