secwatch.observer — SEC 8-K summary
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Issuer:     Xos, Inc. (XOS)
CIK:        0001819493
Form:       8-K/A
Filed at:   2023-06-08T23:59:59+00:00
Accession:  0001819493-23-000133
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Xos shareholders approve reverse stock split and equity issuances of >20% to Yorkville and Aljomaih
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- Elected Class II directors Alice Jackson, George Mattson, Giordano Sordoni with >115M votes for each.
- Ratified Grant Thornton LLP as auditor for FY2023 (133.7M for, 209k against).
- Approved amendment to certificate of incorporation for reverse stock split (133.4M for, 912k against).
- Approved issuance of >20% of common stock under Standby Equity Purchase Agreement and convertible debentures with Yorkville (~116.4M for each).
- Approved issuance of >20% of common stock to Aljomaih Automotive Co. (116.8M for, 1.1M against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819493/000181949323000133/0001819493-23-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819493/000181949323000133/xos-20230531.htm
  HTML page:      https://secwatch.observer/filing/0001819493-23-000133

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer