Departed
Christen T. Romero
General Counsel and Secretary
XOS ·
Xos, Inc.
Effective January 10, 2025 , Christen T. Romero resigned as General Counsel and Secretary of Xos, Inc.
Ready 8-Ks
24
Latest filing
May 14, 2026, 4:15 PM ET
Top materiality
0.85
Event mix
earnings ×10 · other_material ×5 · leadership ×4
Sentiment
10 pos · 2 neg · 12 neu
Latest earnings
reported 2026-Q1
Executive change
recent →
Recent 8-K filings for XOS
Highest-materiality recent filing
Xos closes all-stock acquisition of ElectraMeccanica; adds ~$48M cash, 21% dilution
- Transaction closed March 26, 2024; ElectraMeccanica shareholders received 0.0143739 Xos shares per SOLO share.
- ~$48M added to Xos balance sheet; CEO cites pathway to free-cash-flow positive within several quarters.
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Xos Q1 2026: record 38.6% gross margin, $11.2M revenue, operating loss down 49.5% YoY
Revenue $11.2M (up 90% YoY from $5.9M); record gross margin 38.6% vs 20.6% in Q1 2025.
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Xos lowers convertible note conversion price to $12/share; adds mandatory conversion trigger
Third A&R Note reduces conversion price from $71.451 to $12.00 per share of common stock.
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Xos enters separation agreement with former General Counsel; $110K cash, 120K RSUs accelerated
Cash lump sum of $110,000 to Christen Romero within 14 days after effective date.
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Xos posts Q4 positive free cash flow; FY2025 EBITDA loss halved to $21M
Q4 revenue $5.2M (down 55% YoY) on shift to powertrains; gross margin -50.5% GAAP, 5.2% non-GAAP.
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Xos Q3 2025: $16.5M revenue, positive free cash flow $3.1M, 15.3% gross margin
Revenue $16.5M on 130 units delivered; gross margin 15.3% vs 8.8% in Q2 2025.
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Xos terminates Mesa factory lease; issues 1.8M shares for interest conversion
Termination contingent on landlord's new lease; Xos pays ~$2.7M over 18 months, forfeits $1.2M deposit, pays ~$1.3M commissions.
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Xos appoints former GM Group VP John F. Smith to Board of Directors
John F. Smith elected as Class I director effective Aug 18, 2025; Board expands to nine members.
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Xos enters ATM sales agreement with Roth Capital; up to $20M common stock offering
Up to $20M common stock ATM offering; current capacity limited to ~$5.37M under S-3 instruction.
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Aljomaih amendment limits aggregate shares issuable under $20M convertible note to 1,737,247 (19.99% of outstanding).
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Xos Q2 2025: record revenue $18.4M, highest deliveries 135 units, positive free cash flow $4.6M
Revenue $18.4M (+19% YoY), deliveries 135 units (90 in Q2 2024); both records.
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On June 26, 2025, Xos entered employment agreements with CEO Dakota Semler and COO Giordano Sordoni, replacing prior offer letters from 2016.
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Xos Q1 revenue down 55% to $5.9M; positive GAAP gross margin of 20%
Delivered 29 units ($5.9M) vs 62 units ($13.2M) in Q1 2024; shipped 60 units including 31 for UPS order.
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Board member Luisa Ingargiola resigns effective May 6, 2025
Luisa Ingargiola resigned from the XOS Board effective May 6, 2025, prior to the 2025 Annual Meeting scheduled June 24, 2025.
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FY 2024 revenue $56.0M, up 26% from $44.5M; GAAP gross margin improved to +7.1% from -2.9%.
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Xos General Counsel and Secretary Christen T. Romero resigns effective Jan 10, 2025
Christen T. Romero resigned as General Counsel and Secretary, effective January 10, 2025.
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Xos Q3 revenue $15.8M, delivers 94 units; gross margin expands to 18.1%
Revenue of $15.8M down 5% YoY from $16.7M but up 2% QoQ from $15.5M.
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Xos Q2 revenue $15.5M, up 227% YoY; 90 units delivered; gross margin 13.1%
Revenue $15.5M (+227% YoY); 90 units delivered (+137% YoY).
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Xos stockholders approve 2021 equity plan amendment, increasing share reserve by 1.18M shares
Stockholders approved Amended and Restated 2021 Equity Incentive Plan at annual meeting on June 24, 2024.
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All three Class III director nominees elected: Stuart Bernstein (3,402,714 for), Dietmar Ostermann (3,489,336), Dakota Semler (3,470,571).
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Xos completes acquisition of ElectraMeccanica; issues 1.77M shares for all outstanding shares
Acquisition closed March 26, 2024; each ElectraMeccanica share exchanged for 0.0143739 Xos common shares.
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Xos Q1 revenue $13.2M (+180% YoY), gross margin 21.2%, net loss $11.0M
Cash balance surged to $47.3M from $11.6M after ElectraMeccanica acquisition added ~$50.2M.
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Xos closes all-stock acquisition of ElectraMeccanica; adds ~$48M cash, 21% dilution
Transaction closed March 26, 2024; ElectraMeccanica shareholders received 0.0143739 Xos shares per SOLO share.
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Full year 2023 revenue $44.5M, up 22% YoY; GAAP gross loss $(1.3)M vs $(30.0)M in 2022.
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Xos stockholders approve share issuance for ElectraMeccanica acquisition at special meeting
99.2% of votes cast (3,189,275 for) approved issuance of Xos shares to ElectraMeccanica shareholders.
Executive changes
Appointed
Luisa Ingargiola
Director
XOS ·
Xos, Inc.
the Xos board increased the number of directors on the Xos board from seven (7) to nine (9) and appointed three (3) of the ElectraMeccanica board members to the Xos board including each of (i) Luisa Ingargiola, (ii) Dietmar Ostermann and (iii) Michael Richardson.
Appointed
Michael Richardson
Director
XOS ·
Xos, Inc.
the Xos board increased the number of directors on the Xos board from seven (7) to nine (9) and appointed three (3) of the ElectraMeccanica board members to the Xos board including each of (i) Luisa Ingargiola, (ii) Dietmar Ostermann and (iii) Michael Richardson.
Departed
Burt Jordan
Director
XOS ·
Xos, Inc.
As of the Effective Time, Burt Jordan ceased serving as a member of the board of the directors of the Company and each committee thereof.
Appointed
Dietmar Ostermann
Director
XOS ·
Xos, Inc.
the Xos board increased the number of directors on the Xos board from seven (7) to nine (9) and appointed three (3) of the ElectraMeccanica board members to the Xos board including each of (i) Luisa Ingargiola, (ii) Dietmar Ostermann and (iii) Michael Richardson.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.68 · Most common event earnings