Expion360 Inc. Files 8-K with SEC
Ticker: XPON · Form: 8-K · Filed: 2024-05-07T00:00:00.000Z
Sentiment: neutral
Topics: sec-filing, 8-k
TL;DR
Expion360 filed an 8-K on May 7th. Standard update, check for details.
AI Summary
Expion360 Inc. filed an 8-K on May 7, 2024, reporting other events and financial statements. The company, incorporated in Nevada with its principal executive offices in Redmond, Oregon, is involved in the miscellaneous electrical machinery sector.
Why It Matters
This filing indicates Expion360 Inc. is providing updates to the SEC, which could include significant business events or financial disclosures relevant to investors.
Risk Assessment
Risk Level: low — This is a routine SEC filing (8-K) that typically reports significant events, but the provided text does not detail any specific negative or positive events.
Key Numbers
- 001-41347 — SEC File Number (Identifies the company's filing with the SEC.)
Key Players & Entities
- Expion360 Inc. (company) — Registrant
- May 7, 2024 (date) — Date of Report
- Nevada (jurisdiction) — State of Incorporation
- Redmond, OR (location) — Principal Executive Offices
- 001-41347 (identifier) — SEC File Number
FAQ
What specific 'Other Events' are being reported by Expion360 Inc. in this 8-K filing?
The provided text of the 8-K filing does not specify the details of the 'Other Events' beyond listing it as an item information.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is May 6, 2024.
What is Expion360 Inc.'s Standard Industrial Classification (SIC) code?
Expion360 Inc.'s SIC code is 3690, which corresponds to MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES.
Where are Expion360 Inc.'s principal executive offices located?
Expion360 Inc.'s principal executive offices are located at 2025 SW Deerhound Avenue, Redmond, OR 97756.
What is the fiscal year end for Expion360 Inc.?
Expion360 Inc.'s fiscal year ends on December 31 (1231).
Filing Stats: 550 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-05-06 21:18:42
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share XPON The Nasdaq Capital M
Filing Documents
- xpon_8k.htm (8-K) — 33KB
- ex5_1.htm (EX-5.1) — 6KB
- 0001903596-24-000276.txt ( ) — 211KB
- xpon-20240328.xsd (EX-101.SCH) — 3KB
- xpon-20240328_lab.xml (EX-101.LAB) — 33KB
- xpon-20240328_pre.xml (EX-101.PRE) — 22KB
- xpon_8k_htm.xml (XML) — 4KB
01. Other Events
Item 8.01. Other Events. On May 7, 2024, Expion360 Inc., a Nevada corporation (the "Company"), issued 100,000 shares (the "Shares") of its common stock, par value $0.001 per share, pursuant to a Settlement and Mutual Release Agreement, dated May 2, 2024 (the "Settlement Agreement"), by and between the Company and Alexander Capital L.P. The Shares are being issued in consideration of the amount payable under the terms of the Settlement Agreement, and accordingly, no cash proceeds will be received by the Company from the issuance of the Shares. The issuance of the Shares is being made pursuant to a Registration Statement on Form S-3 (File No. 333-272956) (the "Registration Statement"), which was declared effective by the Securities and Exchange Commission (the "SEC") on July 10, 2023, the base prospectus included in the Registration Statement dated July 10, 2023, and a prospectus supplement filed by the Company with the SEC on May 7, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 5.1 Opinion of Stradling Yocca Carlson & Rauth LLP 23.1 Consent of Stradling Yocca Carlson & Rauth LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
SIGNATURES 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. EXPION360 INC. Date: May 7, 2024 By: /s/ Brian Schaffner Name: Brian Schaffner Title: Chief Executive Officer