{"schema_version":"secwatch.filing_event.v1","accession":"0001819493-26-000034","form_type":"8-K","ticker":"XOS","cik":"0001819493","company_name":"Xos, Inc.","filed_at":"2026-05-13T21:01:18+00:00","discovered_at":"2026-05-13T21:02:00.350856+00:00","generated_at":"2026-05-13T21:03:26.106654+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Xos lowers convertible note conversion price to $12/share; adds mandatory conversion trigger","bullets":["Third A&R Note reduces conversion price from $71.451 to $12.00 per share of common stock.","Mandatory conversion feature added: company may compel conversion if daily VWAP exceeds $16 for 20 of 30 consecutive trading days.","Note has $20M principal, 10% annual interest payable in shares, and matures on February 11, 2028.","Mandatory prepayment schedule continues through Feb 2028; May 11, 2026 prepayment of $1.5M is due.","Aljomaih Automotive Co. is the noteholder; the note is unregistered and subject to exchange cap of 1,737,247 shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001819493-26-000034","json":"https://secwatch.observer/filing/0001819493-26-000034.json","markdown":"https://secwatch.observer/filing/0001819493-26-000034.md","text":"https://secwatch.observer/filing/0001819493-26-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819493/000181949326000034/0001819493-26-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819493/000181949326000034/xos-20260508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T21:03:26.106654+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}