Highest-materiality recent filing
Expion Energy appoints Robert Winspear CFO, Marc Jarvis to board; annual meeting Nov 4
Robert Winspear named CFO, Secretary, Treasurer effective Aug 25, 2026; base salary $285k, rising to $300k after timely 10-K filing.
Expion Energy raises $9M, acquires Eastern Louisiana oil & gas assets, names new CEO
$9M 8% convertible debentures due Aug 21, 2029; net proceeds ~$8.2M; warrants for 2,117,219 shares at $4.25 exercise
Expion360 Q2 net sales down 32% YoY to $2.0M; gross margin expands to 32.4%
Q2 net sales $2.0M, down 32% YoY; up 30% sequentially from Q1 2026.
Expion360 CFO resigns; regains Nasdaq bid price compliance
CFO Shawna Bowin resigned July 29, 2026 for personal reasons; will assist transition through Oct 31, 2026.
Expion360 announces 1-for-12 reverse stock split effective July 21, 2026
Reverse stock split at 1:12 ratio; authorized shares reduced from 200M to ~16.67M.
Expion360 COO Carson Heagen resigns effective Aug 1, 2026
Carson Heagen notified board of his resignation as Chief Operating Officer on July 2, 2026.
Expion360 Q1 net sales down 24% to $1.6M; net loss widens to $1.8M
Net sales $1.6M, down 24% YoY; net loss $1.8M vs $1.2M in Q1 2025.
Expion360 FY2025 sales $9.7M (+72%); net loss narrows to $6.2M; Q4 loss $4.4M
FY2025 sales $9.7M (+72% YoY); gross profit $1.3M (+16%) but gross margin 14% after $0.9M inventory adjustment.
Expion360 receives Nasdaq delisting notice; bid price below $1.00 for 30 days
Received Staff Determination on Jan 29, 2026 that bid price closed below $1.00 for 30 consecutive business days.
Expion360 reports preliminary FY2025 revenue ~$9.6M, net loss narrows to ~$6.2M
Preliminary unaudited revenue of ~$9.6M, up 71% from $5.6M in FY2024.
Expion360 reports Q3 net sales up 72%, nine-month revenue doubled to $7.4M, new leadership
Joseph Hammer became CEO and Chairman in Oct 2025; Shawna Bowin appointed CFO.
Expion360 signs $15M at-the-market stock offering agreement with Aegis Capital
Up to $15M of common stock may be sold through Aegis as sales agent under ATM offering.
Expion360 Q3 net income of $0.7M on 72% sales growth to $2.4M; names new CEO
Q3 net sales $2.4M, up 72% YoY; net income $0.7M vs loss of $8.8M in Q3 2024.
Expion360 CEO and President resign; new CEO Joseph Hammer appointed; raises $1.3M private placement
CEO Brian Schaffner and President Paul Shoun resigned Oct 16; each gets 24 months severance and 100k RSUs.
Expion360 regains compliance with Nasdaq equity rule; stock continues trading
Received deficiency notice on Aug 20, 2025 for stockholders' equity below $2.5M.
Expion360 appoints Shawna Bowin as CFO; interim CFO Schaffner remains CEO
Brian Schaffner resigns as interim CFO effective Sept 3, 2025; stays CEO and director.
Expion360 raises $5.65M via warrant exercise; regains Nasdaq equity compliance
Exercise prices reduced from $5.206/$2.36 to $1.31; 4.88M shares issued for ~$5.65M net cash.
Expion360 lowers warrant exercise price to $1.31 to induce immediate exercise and raise cash
Entry into inducement letter with majority Series A and all January warrant holders; exercise price reduced from $5.206 and $2.36 to $1.31 per share.
Expion360 Q2 2025 sales surge 134% to $3.0M; regains Nasdaq compliance
Q2 2025 net sales $3.0M, up 134% YoY; sixth consecutive quarter of sales growth.
Expion360 Q2 prelim revenue $3.0M (+134% YoY); sixth straight quarter of growth
Record Q2 revenue $3.0M, up 134% YoY and 46% sequentially; H1 2025 revenue $5.0M (+124% YoY).
Expion360 stockholders elect directors, ratify auditor, approve share plan increases
All five director nominees elected: Paul Shoun, Brian Schaffner, George Lefevre, Tien Q. Nguyen, Steven M. Shum.
Expion360 receives Nasdaq delisting notice for bid price below $1.00; hearing requested
Nasdaq Staff determined to delist Expion360 due to bid price below $1.00 for 30 consecutive business days.
Expion360 sets 2025 annual meeting for July 31; proposal deadline June 8
Annual meeting scheduled for July 31, 2025; record date set for June 4, 2025.
Expion360 Q1 revenue $2.0M (+111% YoY); net loss improves 48%
Revenue $2.0M, up 111% from Q1 2024 and 3% sequentially; 5th straight sequential growth quarter.
Net sales targets: $15M, $20M, $25M trigger cash bonus payments of 5% of base salary each for CEO, President, COO.
Expion360 appoints Carson Heagen as COO effective April 1, 2025, replacing Paul Shoun
Paul Shoun steps down as COO effective April 1, 2025; remains President and Chairman of the Board.
Expion360 Q4 rev $2.0M (+131% YoY); FY net loss $13.5M; guides $5M new OEM rev for 2025
Q4 2024 revenue $2.0M, up 131% YoY and 43% sequentially; gross margin 22.1%.
Expion360 COO Paul Shoun returns from medical leave; interim COO steps down
Paul Shoun resumed COO duties Feb 13, 2025 after temporary medical leave since Nov 16, 2024.
Expion360 closes $2.6M registered direct offering and private placement of stock and warrants
Gross proceeds ~$2.6M from sale of 1,048,386 shares/pre-funded warrants at $2.48/$2.479 plus 1,048,386 warrants exercisable at $2.36.
Expion360 CFO Greg Aydelott resigns Dec 31; CEO Schaffner becomes interim CFO
CFO Greg Aydelott resigns effective Dec 31, 2024 due to family health concerns; will remain as consultant.
Expion360 Q3 revenue up 8.7% sequentially to $1.4M; net loss widens to $8.8M
Q3 net loss totaled $8.8M vs $1.8M a year ago, driven by lower sales, change in fair value of warrants, and settlement expense.
Expion360 announces 1-for-100 reverse stock split effective Oct 8 to regain Nasdaq compliance
Reverse stock split at 1:100 ratio, effective 5:00 p.m. PT on Oct 8, 2024.
Expion360 terminates warehouse lease, expects $40K monthly savings
Voluntary termination of 31,400 sq ft warehouse lease in Redmond, OR, effective October 1, 2024.
Expion360 holders approve reverse split 1:50-1:100; two directors face majority withheld votes
Reverse stock split approved (for 3,622,846 vs 556,583); ratio between 1-for-50 and 1-for-100, board to decide timing.
Expion360 faces Nasdaq delisting; stock at $0.10 or less; appeals hearing requested
Nasdaq staff determination on Sep 6, 2024: bid price below $1.00 for 30 consecutive days and at $0.10 or less for 10 days.
Expion360 amends bylaws, proposes reverse stock split to regain Nasdaq compliance
Bylaws amended to reduce stockholder meeting quorum from majority to one-third of voting power.
Revenue $1.3M, down 25.9% YoY from $1.7M but up 32% sequentially from Q1 2024.
Expion360 closes $10M unit offering, repays $3.4M debt
Gross proceeds $10M from 50M units at $0.20 each; net proceeds ~$8.7M.
Expion360 sets Oct 4, 2024 annual meeting; record date Aug 5, 2024
2024 Annual Meeting scheduled for Friday, October 4, 2024 at 9:00 a.m. Pacific Time.
Expion360 announces SEC investigation closed with no enforcement action
SEC staff completed investigation into press releases and will not recommend enforcement action.
Expion360 Q1 2024 revenue $1.0M, down 35.5% YoY; net loss $2.2M
Revenue $1.0M, down 35.5% YoY from $1.5M; up 13% sequentially from Q4 2023.
Expion360 issues 100,000 shares to Alexander Capital to settle dispute
Issued 100,000 shares of common stock to Alexander Capital L.P. under Settlement Agreement dated May 2, 2024.
Expion360 Q4 revenue down 40% YoY to $0.9M; net loss widens to $2.2M
Q4 2023 revenue $0.9M (down 40% from $1.4M); net loss $2.2M vs $1.5M prior year.
Expion360 co-founder John Yozamp retires as CBDO, becomes independent sales rep Jan 1, 2024
John Yozamp retires as Chief Business Development Officer effective Dec 31, 2023, and transitions to independent sales representative role under a 6-month consulting agreement.
Expion360 secures $2.75M convertible note and $20M equity line of credit
Issued $2.75M senior unsecured convertible note to 3i, LP; 9% interest, matures Dec 27, 2024.
Expion360 Q3 revenue up 37% to $1.9M; net loss widens to $1.8M
Revenue $1.9M (+37% YoY); net loss $1.8M ($0.26 loss per share) vs $1.3M loss ($0.19) in Q3 2022.
Expion360 shareholders elect directors, approve share plan increase, ratify auditor
All five director nominees elected: Lefevre, Nguyen, Schaffner, Shoun, Shum.
Expion360 partners with REPM for solar storage pilot; installations expected Q1 2024
Pilot program with REPM Corp to offer e360 solar power storage solutions to residential and commercial customers.
Expion360 appoints Tien Nguyen, Brian Schaffner to board; Paul Shoun named Chairman
Tien Nguyen appointed to board; brings 30+ years in energy storage, semiconductors, and AI.
Expion360 director David Hendrickson resigns effective August 15, 2023
David Hendrickson resigned from the Board of Directors effective August 15, 2023.
On August 25, 2026, the board of directors (the “Board”) of Expion Energy, Inc. (the “Company”) appointed Robert Winspear to serve as the Company’s Chief Financial Officer, Secretary and Treasurer effective immediately.
Joseph Hammer, the Chief Executive Officer and Chairman of the Board of the Company, is resigning from his role as Chief Executive Officer.
The Board has appointed Kevin Sellers to serve as the Company’s Chief Executive Officer and as a member of the Board, effective immediately upon Mr. Hammer’s resignation.
The Board has appointed Kevin Sellers to serve as the Company’s Chief Executive Officer and as a member of the Board, effective immediately upon Mr. Hammer’s resignation.
On July 2, 2026, Carson Heagen, the Chief Operating Officer of Expion360 Inc. (the “Company”), notified the board of directors of the Company that he is resigning from his role as Chief Operating Officer, effective August 1, 2026, due to personal reasons.
the Board appointed Carson Heagen, who currently serves as the Company’s Vice President of Operations, to serve as the Company’s Chief Operating Officer, effective immediately upon Mr. Shoun’s resignation as of the Resignation Date.
Paul Shoun, the Co-Founder, President, Chief Operating Officer, and Chairman of the Board of Directors (the “Board”) of Expion360 Inc. (the “Company”), is resigning from his role as Chief Operating Officer.
Mr. Shoun has since resumed his duties as Chief Operating Officer.
In connection with Mr. Shoun’s return to his full responsibilities, Carson Heagan, the Company’s Vice President of Operations, who temporarily assumed the role of Chief Operating Officer, has ceased serving in that capacity.
John Yozamp announced his retirement as Chief Business Development Officer of Expion360 Inc., a Nevada corporation (the “Company”), effective as of December 31, 2023
appointed Tien Nguyen and Brian Schaffner to serve as members of the Board, each to fill an existing vacancy on the Board.
appointed Tien Nguyen and Brian Schaffner to serve as members of the Board, each to fill an existing vacancy on the Board.
Max materiality 0.90 · Median 0.65 · Most common event other_material