secwatch.observer — SEC 8-K summary
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Issuer:     Xos, Inc. (XOS)
CIK:        0001819493
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001213900-25-076702
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xos enters ATM sales agreement with Roth Capital; up to $20M common stock offering
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- Up to $20M common stock ATM offering; current capacity limited to ~$5.37M under S-3 instruction.
- Agent Roth Capital receives 3.0% commission on gross proceeds; company to reimburse certain expenses.
- Net proceeds to be used for working capital, debt servicing, and mandatory payments on convertible promissory note.
- Shares sold at-the-market under Rule 415; Sales Agreement dated August 14, 2025 with Roth Capital.
- Sales Agreement contains customary representations, warranties, indemnification, and termination provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819493/000121390025076702/0001213900-25-076702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819493/000121390025076702/ea0253230-8k_xosinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-076702

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