---
schema_version: "secwatch.filing_event.v1"
accession: "0001819493-23-000131"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:46:34.325834+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Xos shareholders approve reverse stock split and share issuances to Yorkville, Aljomaih

## Summary
- 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).

## SEC filing metadata
- accession: 0001819493-23-000131
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/xos-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819493-23-000131
- JSON: https://secwatch.observer/filing/0001819493-23-000131.json
- Plain text: https://secwatch.observer/filing/0001819493-23-000131.txt

## Key facts
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm
- Shareholder Votes
  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
  source text: Votes For Votes Against Abstentions 116,390,519 1,549,093 565,697
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm
- Shareholder Votes
  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
  source text: Votes For Votes Against Abstentions 133,361,616 912,890 363,921
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm
- Shareholder Votes
  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
  source text: Votes For Votes Against Abstentions 116,370,953 1,563,844 570,512
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm
- Shareholder Votes
  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
  source text: Votes For Votes Against Abstentions 133,705,583 209,285 723,559
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm
- Shareholder Votes
  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
  source text: Votes For Votes Against Abstentions 116,823,467 1,135,605 546,237
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000131/0001819493-23-000131-index.htm

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