---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-24-000479"
form_type: "8-K"
ticker: "XPON"
cik: "0001894954"
company_name: "Expion360 Inc."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:32:31.345069+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Expion360 closes $10M unit offering, repays $3.4M debt

## Summary
- Gross proceeds $10M from 50M units at $0.20 each; net proceeds ~$8.7M.
- Units: 1 share (or pre-funded warrant) + 2 Series A warrants + 1 Series B warrant.
- Proceeds used to repay $0.7M stockholder notes and $2.7M 3i convertible note, plus working capital.
- Over-allotment partially exercised: additional 15M Series A and 7.5M Series B warrants.
- Aegis Capital Corp. acted as sole bookrunner; underwriting discount 7% plus 1% non-accountable.

## SEC filing metadata
- accession: 0001903596-24-000479
- form_type: 8-K
- ticker: XPON
- cik: 0001894954
- company_name: Expion360 Inc.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1894954/000190359624000479/0001903596-24-000479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1894954/000190359624000479/xpon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-24-000479
- JSON: https://secwatch.observer/filing/0001903596-24-000479.json
- Plain text: https://secwatch.observer/filing/0001903596-24-000479.txt

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