Expion360 completes IPO of 2.145M shares at $7.00, raises $15.0M

Expion360 Inc.

IPO priced at $7.00/share for 2,145,000 shares; gross proceeds of $15.015 million.
Shares began trading on Nasdaq under 'XPON' on April 1, 2022; offering closed April 5, 2022.
Concurrently issued warrants to underwriters for 128,700 shares at $9.10, exercisable from Sept 27, 2022 to March 31, 2027.
Elected three new independent directors: George Lefevre, Steven M. Shum, David Hendrickson.
Underwriters have a 45-day option to purchase up to 321,750 additional shares for over-allotments.

item 1.01 item 3.02 item 5.02 item 5.05 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

George Lefevre

Director

XPON · Expion360 Inc.

Effective: 2022-04-05
Filed: April 6, 2022, 7:59 PM ET

The New Directors are George Lefevre, Steven M. Shum and David Hendrickson.

Appointed

David Hendrickson

Director

XPON · Expion360 Inc.

Effective: 2022-04-05
Filed: April 6, 2022, 7:59 PM ET

The New Directors are George Lefevre, Steven M. Shum and David Hendrickson.

Appointed

Steven M. Shum

Director

XPON · Expion360 Inc.

Effective: 2022-04-05
Filed: April 6, 2022, 7:59 PM ET

The New Directors are George Lefevre, Steven M. Shum and David Hendrickson.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

George Lefevre was elected as Director at Expion360 Inc..

Action: elected
Role: Director

Exact text from the filing

The New Directors are George Lefevre, Steven M. Shum and David Hendrickson.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Hendrickson was elected as Director at Expion360 Inc..

Action: elected
Role: Director

Exact text from the filing

The New Directors are George Lefevre, Steven M. Shum and David Hendrickson.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven M. Shum was elected as Director at Expion360 Inc..

Action: elected
Role: Director

Exact text from the filing

The New Directors are George Lefevre, Steven M. Shum and David Hendrickson.

View on SEC.gov

Expion360 Inc. filing history →

Source: SEC EDGAR

accession 0001903596-22-000149

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