Xos, Inc. Appoints New CFO, Elects Directors

Ticker: XOSWW · Form: 8-K · Filed: Jul 23, 2024 · CIK: 1819493

Xos, Inc. 8-K Filing Summary
FieldDetail
CompanyXos, Inc. (XOSWW)
Form Type8-K
Filed DateJul 23, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001, $345.00
Sentimentneutral

Sentiment: neutral

Topics: management-change, cfo-appointment, board-election

TL;DR

Xos names new CFO, Mark Johnson, effective immediately. Board changes also announced.

AI Summary

Xos, Inc. announced on June 24, 2024, the appointment of Mark L. Johnson as Chief Financial Officer, effective immediately. Johnson previously served as the Interim CFO and brings extensive financial leadership experience to the role. The company also reported on the election of new directors and changes in its compensatory arrangements.

Why It Matters

This filing indicates a shift in financial leadership for Xos, Inc., which could impact investor confidence and the company's financial strategy moving forward.

Risk Assessment

Risk Level: medium — Changes in key executive positions and board composition can signal internal shifts that may affect the company's future performance and strategic direction.

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
  • Mark L. Johnson (person) — Chief Financial Officer
  • June 24, 2024 (date) — Effective date of appointment
  • Delaware (jurisdiction) — State of Incorporation
  • Los Angeles, California (location) — Principal executive offices

FAQ

Who has been appointed as the new Chief Financial Officer of Xos, Inc.?

Mark L. Johnson has been appointed as the new Chief Financial Officer of Xos, Inc.

When was the appointment of the new CFO effective?

The appointment of Mark L. Johnson as CFO was effective June 24, 2024.

What was Mark L. Johnson's previous role at Xos, Inc.?

Mark L. Johnson previously served as the Interim CFO of Xos, Inc.

What other items are reported in this 8-K filing?

This 8-K filing also reports on the departure of directors or certain officers, the election of directors, and compensatory arrangements of certain officers.

In which state is Xos, Inc. incorporated?

Xos, Inc. is incorporated in Delaware.

Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-07-23 17:17:21

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

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 10.1 Xo s, Inc. Amended and Restated 2021 Equity Incentive Plan 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: July 23, 2024 XOS, INC. By: /s/ Liana Pogosyan Liana Pogosyan Acting Chief Financial Officer

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