Xos, Inc. Announces Board Changes and Officer Compensation Details
Ticker: XOSWW · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1819493
| Field | Detail |
|---|---|
| Company | Xos, Inc. (XOSWW) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $345.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, executive-compensation, governance
Related Tickers: XOS
TL;DR
XOS board shakeup and new exec pay details dropped.
AI Summary
On January 10, 2025, Xos, Inc. announced changes to its board of directors, including the appointment of new directors and the departure of existing ones. The company also disclosed details regarding compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Board and executive changes can introduce uncertainty regarding future strategy and leadership effectiveness.
Key Players & Entities
- Xos, Inc. (company) — Registrant
- January 10, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 3550 Tyburn Street (address) — Principal executive offices
- Los Angeles, California (location) — City, State of principal executive offices
- 90065 (zip_code) — Zip code of principal executive offices
- (818) 316-1890 (phone_number) — Registrant's telephone number
FAQ
What specific changes were made to the Xos, Inc. board of directors?
The filing indicates a departure of directors and the election of new directors, along with the appointment of certain officers.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on January 10, 2025.
What is the state of incorporation for Xos, Inc.?
Xos, Inc. is incorporated in Delaware.
Where are Xos, Inc.'s principal executive offices located?
The principal executive offices are located at 3550 Tyburn Street, Los Angeles, California 90065.
What other information is disclosed regarding officers?
The filing also covers compensatory arrangements of certain officers.
Filing Stats: 435 words · 2 min read · ~1 pages · Grade level 11.2 · Accepted 2025-01-16 16:13:00
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-20250110.htm (8-K) — 24KB
- 0001819493-25-000018.txt ( ) — 187KB
- xos-20250110.xsd (EX-101.SCH) — 2KB
- xos-20250110_def.xml (EX-101.DEF) — 15KB
- xos-20250110_lab.xml (EX-101.LAB) — 27KB
- xos-20250110_pre.xml (EX-101.PRE) — 16KB
- xos-20250110_htm.xml (XML) — 4KB
From the Filing
xos-20250110 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 10, 2025 XOS, INC. (Exact name of registrant as specified in its charter) Delaware 001-39598 98-1550505 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 3550 Tyburn Street Los Angeles , California 90065 (Address of principal executive offices) (Zip Code) ( 818 ) 316-1890 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value per share XOS Nasdaq Capital Market Warrants, every thirty warrants exercisable for one share of Common Stock at an exercise price of $345.00 per share XOSWW Nasdaq Capital Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Effective January 10, 2025 , Christen T. Romero resigned as General Counsel and Secretary of Xos, Inc. Following Mr. Romero's resignation, the company's Senior Corporate Counsel has been leading the company's legal department. The company has not yet completed negotiating terms of separation with Mr. Romero. 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: January 16, 2025 XOS, INC. By: /s/ Dakota Semler Dakota Semler Chief Executive Officer