---
schema_version: "secwatch.filing_event.v1"
accession: "0001819493-25-000131"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:22:17.124943+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Xos caps convertible note conversion and interest shares at 1.74M (19.99%) pending Nasdaq stockholder approval

## Summary
- Aljomaih amendment limits aggregate shares issuable under $20M convertible note to 1,737,247 (19.99% of outstanding).
- Interest payable in cash if 10-day VWAP below $3.04 and no stockholder approval; cash due by Aug 11, 2026 or approval date.
- Company must use commercially reasonable efforts to obtain Nasdaq stockholder approval for issuance above limit.
- Letter also restricts issuance if it would violate Nasdaq Rule 5635.
- Effective as of Aug 8, 2025; amends the Second Amended and Restated Convertible Promissory Note.

## SEC filing metadata
- accession: 0001819493-25-000131
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819493/000181949325000131/0001819493-25-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000181949325000131/xos-20250814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819493-25-000131
- JSON: https://secwatch.observer/filing/0001819493-25-000131.json
- Plain text: https://secwatch.observer/filing/0001819493-25-000131.txt

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