Xos, Inc. — fact timeline

Xos, Inc. entered into Placement Agency Agreement with Roth Capital Partners, LLC valued at 6.5% of the aggregate gross proceeds (effective 2026-06-04).

“the “Purchasers”) and (ii) a Placement Agency Agreement (the “Placement Agency Agreement”) with Roth Capital Partners, LLC (“Roth”), pursuant to which Roth acted as the Company’s exclusive placement agent in connection with a”

Xos, Inc. entered into Securities Purchase Agreement with certain institutional investors valued at approximately $6.0 million (effective 2026-06-04).

“On June 4, 2026, Xos, Inc. (the “Company”) entered into (i) a Securities Purchase Agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Purchasers”)”

Xos, Inc. reported the first quarter ended March 31, 2026 results: revenue $11.2 million, net income Net Loss $ (5.0).

“strength of its multi-product platform spanning vehicles, powertrains, and energy storage. First Quarter Highlights: • Xos delivered 95 units, including leases, and generated $11.2 million in revenue in the first quarter, compared to 29 units and $5.9 million in Q1 2025, as the Company executed its strategic focus on powertrain and hubs production. • Gross margins”

Xos, Inc. amended Third Amended and Restated Convertible Promissory Note with Aljomaih Automotive Co. valued at $20 million (effective 2026-05-08).

“On May 8, 2026 , the Company and Aljomaih Automotive Co. ("Aljomaih") entered into a Third Amended and Restated Convertible Promissory Note (the "Third A&R Note") .”

Xos, Inc. reported the fourth quarter and full year ended December 31, 2025 results: revenue $5.2 million in revenue in the fourth quarter.

“operating loss of $14.6 million and a non-GAAP operating loss of $6.4 million in Q4 2024 — a 27.1% improvement in non-GAAP operating loss. • Xos delivered 34 units and generated $5.2 million in revenue in the fourth quarter, compared to 51 units and $11.5 million in Q4 2024 as the Company began shifting focus and allocating resources to powertrain production as”

Christen T. Romero resigned as General Counsel and Secretary at Xos, Inc..

“Effective January 10, 2025 , Christen T. Romero resigned as General Counsel and Secretary of Xos, Inc.”

Xos, Inc. reported financial results for the first quarter ended March 31, 2024.

“On May 15, 2024, Xos, Inc. (the “Company”) issued a press release announcing its financial position as of March 31, 2024, results of operations for the three months ended March 31, 2024 and other related information.”

Xos, Inc. completed an acquisition involving ElectraMeccanica Vehicles Corp. (closed 2024-03-26).

“The Arrangement was consummated on March 26, 2024 (the “Closing Date”).”

Burt Jordan departed as Director at 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.”

Michael Richardson was appointed as Director at 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.”

Dietmar Ostermann was appointed as Director at 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.”

Luisa Ingargiola was appointed as Director at 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.”

Xos, Inc. reported fourth quarter and year ended December 31, 2023 results: revenue $44.5 million, net income $(75.8) million.

“services provider, today reported financial results for the fourth quarter and year ended December 31, 2023. Full Year 2023 Highlights: ● 2023 revenue improved significantly to $44.5 million from $36.4 million in 2022 ● Achieved positive gross margins in the third and fourth quarters of 2023, supported by the release of an updated stepvan platform ● Bolstered”

Xos, Inc. shareholders approved The Xos Adjournment Proposal — The proposal to approve the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies at the 2024-03-20 meeting.

“The Xos Adjournment Proposal received the affirmative vote of approximately 99.3% of Xos Shares represented at the Special Meeting and entitled to vote on this proposal and, therefore, was approved.”

Xos, Inc. shareholders approved The Xos Share Issuance Proposal — The proposal to approve the issuance of Xos Shares to shareholders of ElectraMeccanica pursuant to the Arrangement Agreement at the 2024-03-20 meeting.

“The Xos Share Issuance Proposal received the affirmative vote of approximately 99.2% of Xos Shares represented at the Special Meeting and entitled to vote on this proposal and, therefore, was approved.”

Xos, Inc. amended Arrangement Agreement with ElectraMeccanica Vehicles Corp. (effective 2024-01-31).

“On January 31, 2024, Xos and ElectraMeccanica entered into an amendment agreement (the “Amendment Agreement”) to the Arrangement Agreement”

Xos, Inc. entered into Arrangement Agreement with ElectraMeccanica Vehicles Corp. (effective 2024-01-11).

“On January 11, 2024, Xos, Inc., a Delaware corporation (“Xos”), and ElectraMeccanica Vehicles Corp., a corporation existing under the laws of the Province of British Columbia (“ElectraMeccanica”), entered into an arrangement agreement (the “Arrangement Agreement”), pursuant to which Xos will acquire all of the issued and outstanding common shares of ElectraMeccanica”

Xos, Inc.: Xos, Inc. filed a Certificate of Amendment to effect a 1-for-30 reverse stock split, effective as of 5:00 p.m. ET on December 6, 2023, with trading on Nasdaq on a split-adjusted basis beginning December 7, 2023. The reverse split was approved by stockholders and the Board of Directors (effective 2023-12-06).

“On December 6, 2023, Xos, Inc. (the “Company”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Certificate of Incorporation to effect a 1 ‐ for ‐ 30 reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”), effective as of 5:00 p.m. Eastern Time on December 6, 2023.”

Anousheh Ansari resigned as member of the board of directors at Xos, Inc..

“On November 16, 2023, Anousheh Ansari informed Xos, Inc. (the "Company") of her resignation as a member of the board of directors of the Company (the "Board"), effective immediately.”

Xos, Inc. reported third quarter ended September 30, 2023 results: revenue $16.7 million, net income $14.1 million.

“Revenues of $16.7 million, compared to $4.8 million in the second quarter of 2023. ● Net loss was $14.1 million, loss from operations was $12.6 million, and non-GAAP operating loss (1) for the quarter was $11.2 million.”

Xos, Inc. reported preliminary financial results for the third quarter of 2023.

“Xos Achieves Largest Quarter with Profitable Deliveries to National Fleet Customers Xos has delivered 105 units in the third quarter to multiple global fleets and parcel delivery operators. LOS ANGELES — October 18, 2023 — Xos, Inc. (NASDAQ: XOS) is pleased to announce that it has delivered 105 units to end customers in the third quarter of 2023.”

Xos, Inc. reported the second quarter ended June 30, 2023 results: revenue $4.8 million.

“truck manufacturer and fleet services provider, today reported financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights: ● Revenue of $4.8 million, compared to $4.7 million in the first quarter of 2023 ● Deliveries of 38 units, compared to 31 units in the first quarter of 2023 ● Net loss was $23.6 million, loss from”

Xos, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

“June 27, 2023, the Company received approval from the Listing Qualifications Department of Nasdaq to transfer the listing of the Common Stock and Warrants from the Nasdaq Global Market to the Nasdaq Capital Market (the “Approval”). The Company’s securities will be transferred to the Nasdaq Capital Market at the opening of business on June 29, 2023. The Common Stock will continue to trade under the symbol “XOS” and the Warrants will continue to trade under the symbol “XOSWW.” The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Market, but with less stringent”

Xos, Inc. amended First Amendment to the Convertible Debentures with YA II PN, Ltd. valued at Amendment to Primary Market definition in the Convertible Debentures (effective 2023-06-22).

“On June 22, 2023, the Company and Yorkville entered into the First Amendment to the Convertible Debentures (the "Convertible Debentures Amendment") pursuant to which the Company and Yorkville agreed to amend the Primary Market definition in the Convertible Debentures.”

Xos, Inc. amended Side Letter to the Securities Purchase Agreement with YA II PN, Ltd. valued at Removal of restriction on Company's ability to effect advances under SEPA; advance proceeds offset a (effective 2023-06-22).

“On June 22, 2023, the Company and Yorkville entered into the Side Letter to the Securities Purchase Agreement (the "Side Letter"), pursuant to which the Company and Yorkville agreed, among other things, to remove the restriction on the Company's ability to effect an Advance (as defined in the SEPA) under the SEPA, provided that for so long as any Principal and Interest (each as defined in the Convertible Debentures) remaining outstanding under the Convertible Debentures, the Company may only (i) effect an advance under the SEPA if an event described in clause (i) or clause (ii) of Section 2(a) of the Convertible Debentures has occurred and has not been cured in accordance with clause (A), (B), or (C) of Section 2(a) of the Convertible Debentures, and (ii) designate an Option 1 Advance Amount (as defined in the SEPA Amendment).”

Xos, Inc. amended First Amendment to Standby Equity Purchase Agreement with YA II PN, Ltd. valued at Amendment to equity purchase agreement; changes to purchase price calculation, share denomination, b (effective 2023-06-22).

“On June 22, 2023, the Company and Yorkville entered into the First Amendment to Standby Equity Purchase Agreement (the "SEPA Amendment"), in which the Company and Yorkville agreed to: (1) change the calculation of the purchase price of an Option 1 Advance from an average of lowest daily volume-weighted average prices (each, a "VWAP") of the Common Stock during a three-day pricing period to the lowest VWAP during such three-day pricing period; (2) change the denomination of any requested advances from the Company to Yorkville under the SEPA from dollars to shares; (3) increase Yorkville's beneficial ownership limitation under the SEPA from 4.99% to 9.99% of the outstanding Common Stock, provided that if any portion of an advance under the SEPA would cause Yorkville to exceed the beneficial ownership limitation due to Yorkville's ownership of the Company's securities convertible into Common Stock, then the maximum number of shares of Common Stock that such securities will be convertible”

Xos, Inc. shareholders approved To approve the issuance of 20% or more of the Company’s issued and outstanding common stock to Aljomaih Automotive Co. at the 2023-05-31 meeting.

“To approve the issuance of 20% or more of the Company’s issued and outstanding common stock to Aljomaih Automotive Co. The voting results were as follows: Votes For Votes Against Abstentions 116,823,467 1,135,605 546,237”

Xos, Inc. shareholders approved To approve the issuance of 20% or more of the Company’s issued and outstanding common stock as of August 9, 2022, pursuant to the convertible debentures with Yorkville. at the 2023-05-31 meeting.

“To approve the issuance of 20% or more of the Company’s issued and outstanding common stock as of August 9, 2022, pursuant to the convertible debentures with Yorkville. The voting results were as follows: Votes For Votes Against Abstentions 116,370,953 1,563,844 570,512”

Xos, Inc. shareholders approved To approve the issuance of 20% or more of the Company’s issued and outstanding common stock as of March 23, 2022, pursuant to the Standby Equity Purchase Agreement with YA II PN, Ltd. (“Yorkville”). at the 2023-05-31 meeting.

“To approve the issuance of 20% or more of the Company’s issued and outstanding common stock as of March 23, 2022, pursuant to the Standby Equity Purchase Agreement with YA II PN, Ltd. (“Yorkville”). The voting results were as follows: Votes For Votes Against Abstentions 116,390,519 1,549,093 565,697”

Xos, Inc. shareholders approved To approve an amendment to the Company’s certificate of incorporation to effect a reverse stock split of the Company’s issued and outstanding common stock. at the 2023-05-31 meeting.

“To approve an amendment to the Company’s certificate of incorporation to effect a reverse stock split of the Company’s issued and outstanding common stock. The voting results were as follows: Votes For Votes Against Abstentions 133,361,616 912,890 363,921”

Xos, Inc. shareholders approved To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-31 meeting.

“To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows: Votes For Votes Against Abstentions 133,705,583 209,285 723,559”

Xos, Inc. shareholders approved To elect the following three Class II directors to hold office until the Company’s 2026 Annual Meeting of stockholders. at the 2023-05-31 meeting.

“To elect the following three Class II directors to hold office until the Company’s 2026 Annual Meeting of stockholders. The voting results were as follows: Name Votes For Votes Withheld Broker Non-Votes Alice Jackson 115,071,586 3,433,723 16,133,118 George Mattson 115,434,605 3,070,704 16,133,118 Giordano Sordoni 117,286,058 1,219,251 16,133,118”

Xos, Inc. shareholders approved Approval of issuance of 20% or more of issued and outstanding common stock to Aljomaih Automotive Co. at the 2023-05-31 meeting.

“Votes For Votes Against Abstentions 116,823,467 1,135,605 546,237”

Xos, Inc. shareholders approved Approval of issuance of 20% or more of issued and outstanding common stock as of August 9, 2022, pursuant to convertible debentures with Yorkville at the 2023-05-31 meeting.

“Votes For Votes Against Abstentions 116,370,953 1,563,844 570,512”

Xos, Inc. shareholders approved Approval of issuance of 20% or more of issued and outstanding common stock as of March 23, 2022, pursuant to Standby Equity Purchase Agreement with YA II PN, Ltd. (Yorkville) at the 2023-05-31 meeting.

“Votes For Votes Against Abstentions 116,390,519 1,549,093 565,697”

Xos, Inc. shareholders approved Approval of amendment to certificate of incorporation to effect a reverse stock split of the Company's issued and outstanding common stock at the 2023-05-31 meeting.

“Votes For Votes Against Abstentions 133,361,616 912,890 363,921”

Xos, Inc. shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-31 meeting.

“Votes For Votes Against Abstentions 133,705,583 209,285 723,559”

Xos, Inc. shareholders approved Election of three Class II directors to hold office until the Company's 2026 Annual Meeting of stockholders at the 2023-05-31 meeting.

“Name Votes For Votes Withheld Broker Non-Votes Alice Jackson 115,071,586 3,433,723 16,133,118 George Mattson 115,434,605 3,070,704 16,133,118 Giordano Sordoni 117,286,058 1,219,251 16,133,118”

Liana Pogosyan was appointed as Acting Chief Financial Officer at Xos, Inc..

“On May 26, 2023, the board of directors (the “Board”) of Xos, Inc., (“Xos” or the “Company”) appointed Liana Pogosyan, the Company's Vice President of Finance, as Acting Chief Financial Officer of the Company.”

Xos, Inc. reported three months ended March 31, 2023 results: revenue $4.7 million, net income $24.3 million. Guidance reaffirmed.

“electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights: • Revenue of $4.7 million, compared to $7.0 million in the quarter ended March 31, 2022. • Deliveries of 31 units, compared to 58 deliveries in the quarter ended December 31, 2022 to leading companies”

Kingsley Afemikhe resigned as Chief Financial Officer at Xos, Inc..

“On May 6, 2023, Kingsley Afemikhe notified the Company of his intention to resign from his position as Chief Financial Officer of the Company, effective on or about May 26, 2023.”

Xos, Inc. reported financial results for fourth quarter and year ended December 31, 2022.

“On March 29, 2023, Xos, Inc. (the “Company”) issued a press release announcing its financial position as of December 31, 2022, results of operations for the three months and year ended December 31, 2022 and other related information.”

Xos, Inc. reported that prior financial statements should not be relied upon.

“On March 8, 2023, the audit committee (the "Audit Committee") of the Board of Directors of Xos, Inc. (the "Company"), after discussion with the Company's management, concluded that the Company's previously issued unaudited condensed consolidated financial statements as of and for the quarters ended March 31, 2022, June 30, 2022 and September 30, 2022 (collectively, the "Restated Financials"), each as previously filed with the Securities and Exchange Commission (the "SEC"), should no longer be relied upon and should be restated”

Xos, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)).

“December 28, 2022, Xos, Inc. (the “Company”) received a deficiency letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days prior to the date of the Letter, the closing bid price for the Company’s common stock, par value $0.0001 per share (the “Common Stock”), was below $1.00 per share, which is the minimum closing bid price required for continued listing on the Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (“Rule 5450(a)(1)”). The Letter is a notice of defi”

Xos, Inc. reported third quarter of 2022 results: revenue $11.0 million, net income $23.3 million. Guidance reaffirmed.

“Class 8 commercial vehicles, today reported financial results for the quarter ended September 30, 2022. Recent Strategic Highlights: ● Revenue for the third quarter of 2022 was $11.0 million, up 12% compared to the previous quarter. ● Deliveries of 88 units in the third quarter of 2022, up 21% compared to 73 units in the previous quarter, to key customers such as”

Stuart Bernstein was appointed as Class III Director at Xos, Inc..

“On October 20, 2022, the Board, upon recommendation of the Nominating and Corporate Governance Committee of the Board (the "Nominating Committee"), voted to appoint Stuart Bernstein as a Class III Director to fill the vacancy created by Ms. Mathew's resignation, effective immediately.”

Sara Mathew resigned as Director at Xos, Inc..

“On October 20, 2022, Sara Mathew informed Xos, Inc. (the "Company") of her resignation as a member of the board of directors of the Company (the "Board"), effective immediately.”

Alice K. Jackson was appointed as Director at Xos, Inc..

“The Board appointed Ms. Alice K. Jackson to fill a newly created vacancy on the Board and to serve on the Board as a Class II director until she is up for re-election at the Company’s 2023 annual meeting of stockholders, and until her successors have been duly elected and qualified, or until her earlier death, resignation or removal.”

Anousheh Ansari was appointed as Director at Xos, Inc..

“The Board appointed Ms. Anousheh Ansari to fill a newly created vacancy on the Board and to serve on the Board as a Class III director until she is up for re-election at the Company’s 2024 annual meeting of stockholders, and until her successors have been duly elected and qualified, or until her earlier death, resignation or removal.”