Xos, Inc. Files 8-K on Financials

TL;DR

XOS filed its 8-K today, dropping the latest on financials. Check it out.

AI Summary

On March 21, 2024, Xos, Inc. filed an 8-K report detailing its financial condition and results of operations. The filing includes financial statements and exhibits related to the company's performance. Xos, Inc., formerly NextGen Acquisition Corp., is incorporated in Delaware and operates in the motor vehicle parts and accessories sector.

Why It Matters

This filing provides investors with crucial updates on Xos, Inc.'s financial health and operational performance, enabling informed investment decisions.

Risk Assessment

Risk Level: medium — As an 8-K filing, it primarily contains financial information and operational updates, which can be material to investors but doesn't inherently signal immediate, high-level risk without further analysis of the content.

Key Numbers

• 001-39598 — SEC File Number (Identifies the company's filing with the SEC.)
• 98-1550505 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Xos, Inc. (company) — Registrant
• NextGen Acquisition Corp. (company) — Former name of Xos, Inc.
• March 21, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 3550 Tyburn Street, Los Angeles, California 90065 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common Stock, $0.0001 par value per share XOS Nasdaq Capital
• $345.00 — of Common Stock at an exercise price of $345.00 per share XOSWW Nasdaq Capital Market

Filing Documents

• xos-20240321.htm (8-K) — 28KB
• a20240321form8-kexhibit991.htm (EX-99.1) — 238KB
• image_0a.jpg (GRAPHIC) — 7KB
• 0001819493-24-000038.txt ( ) — 456KB
• xos-20240321.xsd (EX-101.SCH) — 2KB
• xos-20240321_def.xml (EX-101.DEF) — 15KB
• xos-20240321_lab.xml (EX-101.LAB) — 27KB
• xos-20240321_pre.xml (EX-101.PRE) — 16KB
• xos-20240321_htm.xml (XML) — 4KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On March 21, 2024, Xos, Inc. (the "Company") issued a press release announcing its financial position as of December 31, 2023, results of operations for the three months and year ended December 31, 2023 and other related information. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information included in this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release, dated March 21, 2024. 104 iXBRL language is updated in the Exhibit Index SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 21, 2024 XOS, INC. By: /s/ Liana Pogosyan Liana Pogosyan Acting Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR