8-K
filed June 6, 2023, 7:59 PM ET
ticker XOS
CIK 0001819493
other material
confidence high
sentiment neutral
materiality 0.55
Xos shareholders approve reverse stock split and share issuances to Yorkville, Aljomaih
Xos, Inc.
- Amendment to effect reverse stock split approved (133.4M for, 912.9K against); board authorized to set ratio at a later date.
- Approved issuance of 20%+ of outstanding stock to Yorkville under Standby Equity Purchase Agreement (116.4M for, 1.5M against).
- Approved issuance of 20%+ of common stock under convertible debentures with Yorkville (116.4M for, 1.6M against).
- Approved issuance of 20%+ of common stock to Aljomaih Automotive Co. (116.8M for, 1.1M against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Xos, Inc. shareholders approved Election of three Class II directors to hold office until the Company's 2026 Annual Meeting of stockholders at the 2023-05-31 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Name Votes For Votes Withheld Broker Non-Votes Alice Jackson 115,071,586 3,433,723 16,133,118 George Mattson 115,434,605 3,070,704 16,133,118 Giordano Sordoni 117,286,058 1,219,251 16,133,118
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Xos, Inc. shareholders approved Approval of issuance of 20% or more of issued and outstanding common stock as of March 23, 2022, pursuant to Standby Equity Purchase Agreement with YA II PN, Ltd. (Yorkville) at the 2023-05-31 meeting.
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Votes For Votes Against Abstentions 116,390,519 1,549,093 565,697
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Xos, Inc. shareholders approved Approval of amendment to certificate of incorporation to effect a reverse stock split of the Company's issued and outstanding common stock at the 2023-05-31 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Votes For Votes Against Abstentions 133,361,616 912,890 363,921
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Xos, Inc. shareholders approved Approval of issuance of 20% or more of issued and outstanding common stock as of August 9, 2022, pursuant to convertible debentures with Yorkville at the 2023-05-31 meeting.
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Votes For Votes Against Abstentions 116,370,953 1,563,844 570,512
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Xos, Inc. shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-31 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Votes For Votes Against Abstentions 133,705,583 209,285 723,559
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Xos, Inc. shareholders approved Approval of issuance of 20% or more of issued and outstanding common stock to Aljomaih Automotive Co. at the 2023-05-31 meeting.
- Outcome
- passed
- Meeting
- 2023-05-31
Exact text from the filing
Votes For Votes Against Abstentions 116,823,467 1,135,605 546,237
View on SEC.gov
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