secwatch.observer — SEC 8-K summary
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Issuer:     Xos, Inc. (XOS)
CIK:        0001819493
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001819493-23-000270
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xos, Inc. effects 1-for-30 reverse stock split effective December 6, 2023
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- Reverse stock split at 1:30 ratio effective 5:00 p.m. ET on December 6, 2023.
- No fractional shares issued; stockholders receive cash in lieu based on closing price.
- Authorized common shares remain 1,000,000,000; par value unchanged at $0.0001.
- Each outstanding warrant adjusted: 30 warrants exercisable for 1 share at $345.00.
- Common stock continues trading on Nasdaq as XOS under new CUSIP 98423B306.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819493/000181949323000270/0001819493-23-000270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819493/000181949323000270/xos-20231206.htm
  HTML page:      https://secwatch.observer/filing/0001819493-23-000270

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